Court Orders Forfeiture Of Saraki’s N1bn Residence

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A former Senate President, Bukola Saraki has in the interim, forfeited his Ilorin residence to the Federal government.

A federal High court sitting in Ikoyi, Lagos, on Monday, gave the order.

Bukola Saraki
Bukola Saraki

The development was disclosed by the spokesman of the Economic and Financial Crimes Commission (EFCC) Wilson Uwujaren.

Uwujaren said the Ilorin Zonal Office of the EFCC had earlier approached the court presided over by Justice Ridwan Aikawa for an order of interim forfeiture of the House.

The house is said to be worth about N1 billion.

The property is located at 1, Abdulkadir street, G.R.A, Ilorin, Kwara State.

The EFCC is fighting for its forfeiture on the claim that the house was acquired through unlawful activities.

The exparte application was filed by the EFCC lawyer, Rotimi Oyedipo.

Justice Aikawa ordered that the order should also be published in National Newspapers.

The Judge further advised that any party who might have a connection with the property must come forward to state why the property should not be forfeited.

EFCC defended the moves to seize Saraki’s house, saying he built the house with Government’s money and other proceeds from crime.


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