Court To Hear Suit Seeking Final Forfeiture Of Properties Linked To Saraki December 5

The Federal Excessive Court, Lagos, has fastened December 5 to take arguments on whether or not or not two Ikoyi homes belonging to ex-Senate President, Bukola Saraki, needs to be completely forfeited to the Nigerian Authorities.

Justice Mohammed Liman had on October 21 ordered the non permanent forfeiture of the homes “lying and known as No. 17A McDonald Road, Ikoyi,” to the federal government.

The choose had ordered the Financial and Monetary Crimes Fee to publish the non permanent forfeiture order in a nationwide newspaper.

He adjourned until Thursday for anybody within the homes to look earlier than him to indicate trigger why they shouldn’t be completely forfeited to the federal government.

On the resumed proceedings on Thursday, EFCC lawyer, Abdullahi Idris, advised the choose that the order was revealed in The Nation newspaper as ordered by the court docket.

The choose fastened December 5 to listen to from Saraki and every other .

The EFCC had advised the choose it moderately suspected that the properties had been acquired with proceeds of illegal actions.

It alleged in a supporting affidavit that Saraki, who served two phrases 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.” 

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