Home » Home Latest News from Nigeria » FG To Arraign Ekweremadu Next Week Over Undeclared 13 Uk Properties
Across Nigeria News Politics

FG To Arraign Ekweremadu Next Week Over Undeclared 13 Uk Properties

Senator Ike Ekweremadu

Deputy senate president Ike Ekweremadu is expected to be arraigned next week for false declaration of assets.

TheCable said Ekweremadu will be docked at the Code of Conduct Tribunal, owing to discovery of some foreign properties traced to him but not declared in his assets declaration forms.

About 13 properties in the U.K, U.S and Dubai have been traced to Ekweremadu, said online investigative site Saharareporters.

Senator Ike Ekweremadu

The Nigerian Government is said to have begun a forfeiture proceeding of eight of the U.S and U.K properties belonging to Ekweremadu. Officials of the Economic and Financial Crimes Commission, EFCC, will reportedly visit the UAE next week to officially begin the property forfeiture processes. Nigeria is relying on the Automatic Exchange of Information (AEoI), a multi-jurisdictional instrument for exposing hidden assets and incomes, it signed with the UAE.

If found guilty, Ekweremadu and Saraki be banned from holding public office for up to 10 years.

Meanwhile, the CCT has adjourned Saraki’s trial indefinitely.

Add Comment

Click here to post a comment

Topics

Ads

Ads

Ads

Ads

%d bloggers like this: