in , ,

UPDATE: EFCC Secures Forfeiture Of Saraki’s Properties In Lagos – DAY OF RECKONING IS HERE

see-bukola-sarakis-reaction-as-president-buhari-signs-minimum-wage-bill

Former Senate President and former governor of Kwara State, Senator Bukola Saraki is to forfeit two of his properties in Ikoyi Lagos to the Federal Government.

The order for temporary forfeiture was given by Justice Mohammed Liman of the Federal High Court sitting in Lagos on Monday.

READ ALSO: I Jailed Soyinka Because He Was Becoming Too Dangerous – GOWON

The application followed an ex parte application by the Economic and Financial Crimes Commission.

The EFCC said the landed property “lying and known as No. 17A McDonald Road, Ikoyi,” was reasonably suspected to have been acquired with proceeds of unlawful activity.

READ ALSO: Reasons Awolowo Resigns From Gowon’s Administration In 1971 – THE GREAT AWO (PART ONE)

The EFCC said the landed property “lying and known as No. 17A McDonald Road, Ikoyi,” was reasonably suspected to have been acquired with proceeds of unlawful activity.

It alleged in a supporting affidavit that Saraki, who served two terms as Kwara State Governor between 2003 and 2011, “withdrew over N12bn cash from the account of the Kwara State Government and paid same into his accounts domiciled in Access and Zenith Banks through one of his personal assistants, Abdul Adama, at different intervals.”

The EFCC lawyer, Nnaemeka Omewa, said the court was empowered to order the temporary forfeiture of the landed asset to the Federal Government.

READ ALSO: Minister of Communications Directs MTN, GLO, AIRTEL, 9MOBILE To Reduce Data Costs

Justice Liman agreed with him.

After ordering the temporary forfeiture of the property, the judge directed the EFCC to publish the order in a national newspaper.

He gave 14 days for Saraki or anyone interested in the property to appear before him to show cause why the property should not be permanently forfeited to the Federal Government

www.sojworldnews.com (c) October 21, 2019

Written by Adesoji OMOSEBI

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

naira-marley-narrates-shocking-experience-in-prison-its-really-weird

EFCC To Arraign Naira Marley In Court For Internet Fraud On Tuesday

Minister of Communications Directs MTN, GLO, AIRTEL, 9MOBILE To Reduce Data Costs