A Federal High Court sitting in Ikoyi, Lagos State, on Monday, ordered for the interim forfeiture of the Ilorin residence of the immediate past Senate President, Dr 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 N1 billion property located at 1, Abdulkadir street, G.R.A, Ilorin, Kwara State on the grounds that it was allegedly acquired through proceeds of unlawful activity.
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Ruling on the exparte application filed by EFCC lawyer, Rotimi Oyedipo, Justice Aikawa ordered the interim forfeiture of the property and said the court order should be published in national newspapers.
The judge further said that any interested parties in the property to show cause why the property should not be permanently forfeited to the Federal Government.
The commission in moving application said it reasonably suspected that the former Nigeria number three citizen built the house with government’s money and other proceeds of crime.