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Politics CCT May Force Saraki To Forfeit Assets

Senate President Bukola Saraki may lose some of his assets, which are subject of the charges preferred against him at the Code of Conduct Tribunal.

Bukola Saraki.jpg

PUNCH reports that the CCT’s new Practice Direction, 2017, released last week which deals with ‘Seizures’, gives the prosecution the discretion to apply (through ex-parte motion) for temporary forfeiture of assets which are subject of the trial pending the final determination of the case.

Saraki’s properties which are the subject of the charges preferred against him are located at 15, 17, 17A and 17B Mcdonald Street, Ikoyi, Lagos. Others are located at Plots 2481 and 2482 Cadastral Zone A06, Maitama, Abuja, (otherwise known as 1 and 3 Targus Street, Maitama, Abuja).


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Nothing will happen. None of his properties will be forfeited.
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