₦airaland Forum

The Economic and Financial Crimes Commission on Monday secured an order of the Federal High Court in Lagos for the forfeiture of two houses in Ilorin, Kwara State belonging to a former Senate President, Bukola Saraki.

The EFCC told the court it uncovered monumental fraud perpetrated in the treasury of the Kwara State Government between 2003 and 2011, when Saraki was the governor of the state.

Based on an ex parte application filed by the EFCC pursuant to Section 17 of the Advance Fee Fraud and Other Related Offences Act No. 14, 2006, Justice Rilwan Aikawa ordered the temporary forfeiture of Saraki’s two properties designated as Plots No. 10 and No. 11 Abdulkadir Road, GRA, Ilorin, Kwara State.

An operative of the EFCC, Olamide Sadiq, said in an affidavit filed in support of the ex parte application that the move for the forfeiture of the houses followed the findings of the EFCC after investigation and “the report of a committee set up to review sales of Kwara State Government during the reign of the Governor of Kwara State in the year 2003 and 2011.”

He said the EFCC also received “a damning intelligence report, showing monumental fraud perpetrated in the treasury of the Kwara State Government between 2003 and 2011.”

Sadiq said, “Whilst the investigation was ongoing several fraudulent transactions were discovered.

“I know for a fact and verily believe that our investigation has revealed the following mind-boggling findings, among others:

“That between 2003 and 2011, Dr Olubukola Abubakar Saraki was the Executive Governor of Kwara State.

“That whilst he held the aforementioned position, the common pattern was that after payment of monthly allocation by the Federal Government to the Kwara State Government, a cumulative sum of not less than N100m will be deposited into the Kwara Government House account.



“That upon the payment of the said N100m, same will, in turn, be withdrawn in cash by one Mr Afeez Yusuf from the Kwara State Government House, Ilorin’s account in bits and brought to the Government House.”

The EFCC said it believed that Saraki developed the two properties with proceeds of unlawful activities.

Counsel for the commission, Mr Rotimi Oyedepo, urged Justice Aikawa to order their temporary forfeiture to the Federal Government.

After granting the order as prayed, Justice Aikawa directed the EFCC to publish the temporary forfeiture order in a national newspaper and adjourned till December 17 for anyone interested in the properties to appear before him to show cause why the properties should not be permanently forfeited to the Federal Government.

https://punchng.com/breaking-court-orders-sarakis-ilorin-houses-forfeited-to-fg/?fbclid=IwAR0jvJWVjFjrbXRCUaX_UsZ3vYSmE9Hotq41HRqSo2Mn6aMItPuuPy7xAbU

Make I park here read comments PDP, APC, other parties and the apolitical.

DINO IS NEXT
APC AND POLITICS

Shouldn't there be proven guilt before forfeiture

Hmm

once u are in APC,it is just like u are under the protection of God, but once u are in PDP, no matter amount of ur integrity,u will surely be labeled as a thief,

it is good to walk with saints,and that form the basis of the quote,anybody that is in APC is a new creature,old things have passed away, all things has become new,party of saints starting from saint Tinubu, saint Ganduje

Heyaa... like play like play them go pursue this man go run town crier for him village.

Sweet!

nice, good to hear

Dis is interestin

Prompto:
Saraki na Igbo man, he must not be investigated. Instead Buhari should investigate Tinibu Billion or bullion van. This is ayamantaga hunting.

We Igbos will not tooketh it.

saraki is a middle belt man

Dem really want deal with Saraki

Prompto:
Saraki na Igbo man, he must not be investigated. Instead Buhari should investigate Tinibu Billion PR bullion van. This is ayamantaga hunting.

We Igbos will not tooketh it.

I’m telling you

It's just a matter of time before he is as innocent as deziani

Saraki is being investigated cos he is a PDP bigwig, Y d real corrupt people like Senato Goje, Orji Kalu, Akpabio, Tinubu etc ar freely moving about. Dino should auction his house in Maitama nd cars nd leave d country b4 they open his page

xiae:
nice, good to hear

I don’t support fraud and I don’t like Saraki either but this is cruel! APC members should not sleep deep including Buhari,2023 is going to be pay back time
Justice should not be selective

Saraki don hear am

Hypocritical APC government.... Idiots...

Wow

Some people will not like this

Now that's what I'm talking about . Nice one from the court.

Nigeria!!!!!

I hope they have actually done their homework. Not more of the usual media noise

And yet Tinubu roam free unperturbed