Court Orders Forfeiture of Saraki’s Properties

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A Federal High Court in Lagos on Monday, ordered the temporary forfeiture of two properties belonging to a former Senate President, Bukola Saraki located in Ikoyi area of Lagos state following an application an ex parte filed by the Economic and Financial Crimes Commission (EFCC).

The Ilorin Zonal Office of EFCC had approached the court through its lawyer, Nnaemeka Omewa to seek an order of interim forfeiture of the said properties arguing that they were acquired through proceeds of unlawful activities.

“An order of this honourable court forfeiting to the Federal Government of Nigeria landed property with appurtenances situate, lying and known as N0. 17A McDonald Road, Ikoyi, Eti Osa Local Government Area of Lagos State found and recovered from the respondent which property is reasonably suspected to have been acquired with proceeds of unlawful activity” the relief sought by the anti graft agency read in part.

Justice Mohammed Liman in delivering his ruling on the application ordered the interim forfeiture of the properties in question. Liman also directed EFCC to publish the order in a national daily within fourteen days.

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