Breaking: Court orders forfeiture of Saraki’s houses worth N1bn to FG

Breaking: Court orders forfeiture of Saraki’s houses worth N1bn to FG

- Court has ordered interim forfeiture of Bukola Saraki's houses in Ilorin, the capital of Kwara state

- Saraki, who was the former governor of the state, was said to have acquired the two houses through dubious means

- The houses were said to have worth N1 billion

A Federal High Court sitting in Lagos on Monday, December 2, ordered the forfeiture of two houses in Ilorin, Kwara state belonging to former Senate president, Bukola Saraki.

Channels TV reports that this was revealed in a statement signed by the Economic and Financial Crimes Commission (EFCC)'s spokesperson, Wilson Uwujaren.

Legit.ng gathered that he said the Ilorin zonal office of the EFCC had earlier approached the court presided over by Justice Ridwan Aikawa for an order of interim forfeiture of about N1 billion worth property belonging to Saraki.

The property which is located at 1, Abdulkadir street, GRA, Ilorin, Kwara state is being requested by the anti-graft commission for forfeiture on the grounds that it was acquired through the proceeds of unlawful activity.

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Justice Rilwan Aikawa gave the order citing section 17 of the advance fee fraud and other related offences act 14, 2006 and section 44(2)B of the 1999 constitution.

The agency told the court that it uncovered monumental fraud perpetrated in the treasury of the Kwara state government between 2003 and 2011 when Saraki was governor.

The court ruled that the forfeiture order should be published in a widely-circulated national daily to enable any interested party come to the court to show cause why the property should not be forfeited permanently to the federal government.

The judge adjourned the case until December 17.

Meanwhile, Legit.ng had previously reported that Saraki raised alarm over an alleged move by the EFCC to seize his house in Ilorin, Kwara state.

It was reported that Saraki claimed that the anti-graft commission had filed a process at a Federal High Court in Lagos on Wednesday, November 27, praying for an interim order for the forfeiture the property.

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It gathered that the allegations were contained in a statement released by Yusuph Olaniyonu who is Saraki’s spokesperson.

The ex-Senate president further claimed that the EFCC’s alleged move was illegal just as he explained that an Abuja Federal High Court had restrained the commission from seizing his properties.

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The Kwara ex-governor’s spokesperson, however, claimed that his principal built the Ilorin house which the commission wants to seize after he left office as governor.

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Source: Legit

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