Home Latest News Court orders interim forfeiture of billion Naira Villa belonging to Bukola Saraki

Court orders interim forfeiture of billion Naira Villa belonging to Bukola Saraki

A Federal High Court sitting in Ikoyi, Lagos on Monday ordered for interim forfeiture of the Ilorin residence of the immediate past Senate President Bukola Saraki.

The Ilorin Zonal Office of the Economic and Financial Crimes Commission ( EFCC) had approached the Court Presided over by Justice Ridwan Aikawa for an order of interim forfeiture of about one billion  naira property  located at 1, Abdulkadir street,  G.R.A, Ilorin, Kwara State on the grounds that it was acquired through the proceeds of unlawful activity.

Ruling on the ex parte application filed by EFCC lawyer, Rotimi Oyedipo on Monday,  Justice Aikawa ordered the interim forfeiture of the property and said the court order should be published in National Newspapers.

The Judge further said any interested parties in the property should show cause while the villa should not be forfeited to the Federal Government.

The Commission in moving application said it was reasonably suspected that the former Nigeria  number three citizen built the house with Government’s money and other proceeds of crime.

For a better society

Total Views: 2520 ,

NO COMMENTS

Leave a Reply