Court Orders Forfeiture Of Saraki’s Houses In Ikoyi

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Justice Mohammed Liman of the Federal High court sitting in Lagos has ordered the temporary forfeiture of two properties in the Ikoyi area of  Lagos state allegedly belongs to the immediate past Senate President, Bukola Saraki.

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The pronouncement  was made today Monday the 21st October. The  EFCC had filed a petition before the court seeking the temporary forteiture of the properties located on 17B McDonald road Ikoyi, which they claimed are proceeds of ”unlawful activities”.

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Part of the reliefs sought by the EFCC included “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, 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 anti-graft agency is currently investigating Saraki for misappropriation of funds while he was governor of Kwara state from 2003 to 2011.

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