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Court orders forfeiture of Saraki’s properties

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Edwin Eriye

A Federal High Court sitting in ikoyi, Lagos on Monday, October 21, 2019 ordered the temprorary forforfeiture 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 exparte 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.

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