{"id":70007,"date":"2019-10-21T16:58:00","date_gmt":"2019-10-21T15:58:00","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=70007"},"modified":"2019-10-21T16:58:00","modified_gmt":"2019-10-21T15:58:00","slug":"court-orders-forfeiture-of-sarakis-property","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/court-orders-forfeiture-of-sarakis-property\/","title":{"rendered":"Court Orders Forfeiture of Saraki&#8217;s Property"},"content":{"rendered":"<div>\n<p>A Federal High Court sitting in Ikoyi, Lagos on Monday October 21,\u00a0\u00a02019 ordered the temporary forfeiture of two properties located in Ikoyi area of Lagos State and\u00a0\u00a0belonging to the immediate past Senate President, Dr\u00a0 Bukola Saraki,\u00a0\u00a0to the Federal Government.<\/p>\n<p>&nbsp;<\/p>\n<p>The Ilorin Zonal Office of the Economic and Financial Crimes Commission ( EFCC) had in an ex parte application filed by the Commission&#8217;s Lawyer Nnaemeka Omewa approached the Court,\u00a0\u00a0seeking an order of interim forfeiture of the properties\u00a0located at No. 17A McDonald Road,\u00a0 Ikoyi, Eti Osa Local Government Area of Lagos, alleging that\u00a0 they were acquired through proceeds of unlawful activities.<\/p>\n<p>&nbsp;<\/p>\n<p>Part of the reliefs sought by the EFCC included &#8221; An order of this honourable Court forfeiting to the Federal Government of Nigeria landed property with appurtenances situate, lying and known as No. 17A McDonald Road,\u00a0 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\u201d.<\/p>\n<p>&nbsp;<\/p>\n<p>The Commission in supporting affidavits, alleged that the former Senate President acquired the two properties with proceeds of unlawful activity; that while serving as governor of Kwara State, he withdrew over twelve billion cash from the account of the Kwara Government and paid same into his accounts domiciled in Access and Zenith Banks\u00a0through one of his personal assistant, Abdul Adama, at different intervals.<\/p>\n<p>&nbsp;<\/p>\n<p>Delivering Ruling on the application,\u00a0Justice Mohammed Liman ordered\u00a0the interim\u00a0forfeiture of the two properties. He also instructed that the EFCC should publish the order in a national newspaper within fourteen days, for anyone with interest in the properties to show cause, why they should not be finally forfeited to the Federal Government.<\/p>\n<\/div>\n<div class=\"yj6qo\"><\/div>\n<div class=\"adL\"><\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>A Federal High Court sitting in Ikoyi, Lagos on Monday October 21,\u00a0\u00a02019 ordered the temporary forfeiture of two properties located in Ikoyi area of Lagos State and\u00a0\u00a0belonging to the immediate&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":70008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-70007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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