The Federal High Court in Lagos has refused to grant the application of the Economic and Financial Crimes Commission (EFCC) for a forfeiture Order on the Ikoyi houses of former Senate President, Dr Abubakar Bukola Saraki. The Court instead ruled that the houses were not purchased with an illicit fund or proceed of illegal activity. Rather the Judge concluded that the Houses were purchased with a credit facility granted Saraki by a bank. The Federal High Court also stated that the matter before him was not criminal in nature like the Supreme Court case under reference. David Umahi of Ebonyi has openly acknowledged the existence of moles in his government but insisted that his administration had nothing to hide.

Source: Nigerian Tribune June 09, 2020 06:45 UTC