Saraki’s Ikoyi Houses Not Bought With Illegal Funds, Says Court

0

Massive Recruitment at the Nigerian Electricity Regulatory Commission (NERC)

#Refuses to grant forfeiture order, Adjourns case till Sept. 29

The Federal High Court, Lagos, today refused to grant the application of the Economic and Financial Crimes Commission (EFCC) for a forfeiture Order on the Ikoyi houses former Senate President, Dr. Abubakar Bukola Saraki and instead ruled that the houses were not purchased with illicit fund or proceed of illegal activity.

Justice Liman Mohammed who began giving judgement also stated that the EFCC has not provided any proof that the money with which the houses located on McDonald Road, Ikoyi, were bought came from any establishment related to the Kwara State Government.

READ ALSO  Demolition of “Ile-Arugbo” Facts as battleline is drawn

Rather the Judge concluded that the Houses were purchased with a credit facility granted Saraki by the Guaratee Trust Bank (GTB).

NPC Recruitment portal 2022 for Adhoc Staff, Requirements, Closing Date

It will be recalled that the findings of the court was in line with the conclusion of the Supreme Court in the Asset declaration case involving Dr. Saraki in which the same property were the subjects. The Federal High Court also stated that the matter before him were not criminal in nature like the Supreme Court case under reference. 

End

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.