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Alleged Proceeds Of Crime: Court Refuses To Forfeit Saraki s Houses To FG – Channels Television

  The Federal High Court sitting in Lagos has set aside its order of interim forfeiture made against two properties of former Senate President, Senator Bukola Saraki. Justice Mohammed Liman also dismissed an application by the Economic and Financial Crimes Commission seeking final forfeiture of the properties to the Federal Government. The properties are located at 17 and 17A MacDonald Road, Ikoyi, Lagos State. In his judgment, Justice Liman held that the essence of an interim order of forfeiture is to preserve the property from being dissipated by the suspect and the burden is on the applicant, that is the EFCC, to satisfy the Court that the property is a proceed of unlawful or illegal activity under the corruption laws.

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