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SARAKI’S IKOYI PROPERTIES: COURT THROWS OUT EFCC’s APPLICATION, NOT PROCEEDS OF CRIME

A Federal High Court sitting in Lagos this afternoon rejected an application brought before it by the Economic and Financial Crimes Commission (EFCC) seeking the permanent forfeiture of the properties belonging to former Senate President, Dr Bukola Saraki located on 17 and 17b, McDonald Road, Ikoyi, Eti-Osa Local Government Area of Lagos State.

In its judgment delivered by Justice Muhammad Liman, the Court declared that the agency woefully failed to produce any evidence to support its claims that the properties were paid for with funds sourced from Kwara State Government House. The Court further held that the evidence before it showed the purchase of properties was legal and as such cannot be said to be done with the proceeds of crime.

As it can be recalled, the Federal High Court had earlier rejected an application brought before it by the EFCC seeking the permanent forfeiture of his Ilorin GRA residence to the Federal Government on the same grounds.

Reacting to the judgement of the court, the former Governor said he has always believed in the judiciary as the bastion that upholds the rights of every citizen.

His reaction reads in part, “I thank the Almighty Allah who has given me the opportunity to serve my State and Country; and who has given me the strength to continually fight to assert my innocence. By His grace, I have always served with diligence, honour and integrity and I will continue to do so.”

“I have always believed in the judiciary as the bastion that protects and upholds the rights and liberties of citizens in any democracy. And for this reason, I express my gratitude to the Court for upholding the laws of our land.”

“It is my fervent hope that this judgment will put an end to the campaign of calumny waged against my person and allow me focus on my life as a law-abiding Nigerian citizen.”

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