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Court Orders Forfeiture Of Bukola Saraki’s Ikoyi Properties.



A Federal High Court sitting in Ikoyi, Lagos on Monday October 21,  2019 ordered the temporary forfeiture of two properties located in Ikoyi area of Lagos State and  belonging to the immediate past Senate President, Dr  Bukola Saraki ,  to the Federal Government.

The Ilorin Zonal Office of the EFCC had, in an ex parte application, approached the Court,  seeking an order of interim forfeiture of the properties located at No. 17A McDonald Road,  Ikoyi, alleging that  they were acquired through proceeds of unlawful activities.

The commission alleged that while serving as governor of Kwara state, Saraki withdrew over N12 billion cash from the account of the Kwara government and paid same into his accounts domiciled in Access and Zenith Banks through one of his personal assistant, Abdul Adama.

Delivering ruling on the application, Mohammed Liman ordered interim forfeiture of the two properties.

He also instructed that the EFCC should publish the order in a national newspaper within 14 days, for anyone with interest in the properties to show cause, why they should not be finally forfeited to the FG.

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