Headline
Court takes decision over Saraki’s properties
A Court has taken decision over Saraki’s properties.
The Federal High Court in Lagos on Thursday extended its earlier order forfeiting to the federal government two houses in Ilorin belonging to a ex Senate President, Bukola Saraki.
The court, in a judgment by Justice Rilwan Aikawa, released the properties back to Saraki, while delivering judgment on an application filed by the Economic and Financial Crimes Commission (EFCC), seeking to permanently forfeit the houses to the federal government.
The EFCC had in December last year secured a court order for the interim forfeiture of the houses at Plots No. 10 and No. 11 Abdulkadir Road, GRA, Ilorin, Kwara State after telling the court that they were acquired with proceeds of unlawful activities reportedly perpetrated by Saraki while he was Kwara State Governor between 2003 and 2011.
But tried by the EFCC to convert the temporary forfeiture order to a permanent forfeiture order was forcefully resisted by Saraki, leading eventually to the discharge of the temporary forfeiture order yesterday by Justice Aikawa.
The judge said he found no enough basis in the EFCC application and he could not “find my way through” to grant the permanent order of forfeiture.
In its application, the EFCC had told the court how it received and probed “a damning intelligence report, showing monumental fraud perpetrated in the treasury of the Kwara State Government between 2003 and 2011,” when Saraki was the governor of the state.
But Saraki had, through his lawyer, Kehinde Ogunwumiju (SAN), described the EFCC case as an abuse of court process and an attempt to scandalise him.
He argued that it was a ploy by the EFCC to review the July 6, 2018 decision of the Supreme Court “discharging the applicant from culpability arising from the same money and houses which are the subject matter of this action.”
-
Headline5 days ago
FIFA Best Awards 2024: Full List Of Winners
-
Headline6 days ago
Ademola Lookman Wins 2024 CAF Player Of The Year Award
-
Headline6 days ago
[BREAKING] Yuletide: Tinubu Declares Free Train Rides For Two Weeks
-
Headline6 days ago
JUST IN: Tinubu Appoints Eight New Secretaries Permanently