You are here
Home > Court > Freeze Ekweremadu undeclared asset, FG tells court

Freeze Ekweremadu undeclared asset, FG tells court

Please follow and like us:

  • 363
  • Share
Senator Ike Ekweremadu
Senator Ike Ekweremadu
Senator Ike Ekweremadu

The Federal Government has asked the Federal High Court in Abuja to freeze undeclared assets said to have been traced to the Deputy Senate President, Senator Ike Ekweremadu.

In an ex-parte motion marked FHC/ABJ/CS/284/2018, the FG filed on Wednesday by its lawyer, Mr Festus Keyamo, SAN, applied for an order for the forfeiture of the said asset it said Ekweremadu did not publicly declare.

Specifically, the FG applied for an interim court order “temporarily attaching/forfeiting the properties listed in Schedule B hereunder, to the Federal Government of Nigeria, pending the conclusion of further inquiry/investigation by the Special Presidential Investigation Panel for the Recovery of Public Property and/or possible arraignment of the Respondent.”

In the motion filed, the lawyer said nine of the undeclared properties are in Nigeria, two are in London, eight in Dubai and three in the United States of America.

Meanwhile, Ekweremadu, on Wednesday, said he has no asset to be forfeited to the government as he has declared all his assets with the Code of Conduct Bureau (CCB) as required by law.

This was made known in a statement by his Special Adviser (Media), Mr Uche Anichukwu, in Abuja on Wednesday.

“The attention of the Office of the Deputy President of the Senate, Sen. Ike Ekweremadu, has been drawn to a Motion Exparte filed by Festus Keyamo Chambers on behalf of the Special Presidential Investigation Panel for the Recovery of Public Property.

“The motion is for an order to temporarily forfeit assets it claimed the senator did not declare with the Code of Conduct Bureau (CCB).

“The so-called panel sought and obtained his Assets Declaration Forms, but could not look at them since it is clearly out on a vendetta and smear campaign.

“Again, Sen. Ekweremadu wishes to assure all his supporters and well-wishers that there is nothing to worry about.”

However, published below are said to be both the declared and undeclared assets of Ekweremadu, as attached to a motion filed on Wednesday.

SCHEDULE A

PROPERTIES DECLARED BY LAWRENCE IKE EKWEREMADU IN HIS ASSETS DECLARATION FORM DATED 5TH JUNE 2015

i.           5 Bedroom Duplex & Boys Quarters, House A40 Apo Quarters, Apo, Abuja (purportedly acquired with a loan of N13.5 Million from Bank PHB);

ii.          10 Bedroom House with Guest Chalet & Boy Quarters, 2 Jim Nwobodo Street, Apo, Abuja (purportedly acquired with a mortgage loan of N412, 200, 000.00 from Aso Savings & Loan);

iii.         7 Bedroom House with Pent House & Boy quarters, Plot 147A Mabushi, Abuja (purportedly valued at N3, 471, 922.1 acquired with salaries & allowances);

iv.        2 RM Apartment, MAG 214 Dubai (purportedly bought for $ 50,000.00);

v.         4 Bedroom Town House, The Lake Dubai (purportedly bought for  $20,000.00);

vi.        4 RM Town House, Florida (he claims he bought this House from a loan of $155,000.00 gotten from PHB)

vii.       Plots 2 & 10, Republic Layout, Enugu (undeveloped land, purportedly valued at N4 Million);

viii.     Plot 1518, Maitama Extension, Abuja undeveloped land (purportedly valued at N10 Million);

ix.        Plot 2882, Asokoro Extension, Abuja (purportedly valued at N13 Million);

x.         2 RM Apartment, Burjside Boulevard, Dubai, UAE (he claims he bought it for $250,000.00);

xi.        One Room Apartment, Emirate Garden, Dubai, UAE (He claims he bought it for $60,000.00);

xii.       Park Tower, Dubai, UAE (He claims he bought it for $250,000.00);

xiii.     3 Room Town House (2), Club Corticle, Orlando, USA (he claims he bought this property for $200,000.00);

xiv.     4 Room House, Plot 1496 AI Thannyah, Fourth, Dubai, UAE (he claims he bought this property for $250,000.00);

xv.      4 Bedroom Terrace House, Games Village;

xvi.     6 Bedroom Storey House & Boys Quarters, Amachara MPU, Enugu;

xvii.     4 Bedroom House and Boy Quarters, Federal Housing Estate, Enugu;

xviii.    3000 Square Meters of undeveloped land at Amachara, MPU, Enugu;

xix.   5 Hectares of land, Tutu District, Abuja.

DETAILS OF INVESTMENTS IN AND OUTSIDE NIGERIA/(SHARES, DEBENTURES & OTHER SECURITIES IN AND OUTSIDE NIGERIA

i.     5, 100,000 – Citi Park Luxury Hotels Ltd (purportedly valued at N350 Million);

ii.    8, 000, 000 – Prime & Power Media Ltd ((purportedly valued at N30 Million);

iii.   300,000,000 – Bety Air Ltd ((purportedly valued at N5 Million);

iv.  40, 000 – Prime & Power Konsult Ltd ((purportedly valued at N42 Million);

v.   50,000 – Power Properties Ltd (purportedly valued at N50 Million);

vi.  70,000 – Spider Construction Ltd (purportedly valued at N35 Million).

PROPERTIES DECLARED BY LAWRENCE IKE EKWEREMADU IN HIS ASSET DECLARATION FORM DATED 1ST JUNE, 2007

i.     4 Bedroom Terrace House, Games Village, Abuja

ii.    A Storey Building at Amachara (MPU) (Country home)

iii.   A Storey Building & Boy Quarters with Boys Quarters at Federal Housing, Enugu;

iv.  Apo Legislative Quarters, Apo, Abuja;

v.   2644.60 Square meters of undeveloped Land at Asokoro, Abuja;

vi.  1000.577 Square meters, Kurubuma Layout, Abuja

vii. 3000 Square meters, Amachara MPU.

DETAILS OF INVESTMENTS IN AND OUTSIDE NIGERIA/(SHARES, DEBENTURES & OTHER SECURITIES IN AND OUTSIDE NIGERIA

i.       40, 000 – Prime & Power Konsult Ltd (purportedly valued at N40 Million);

ii.      50,000 – Prime Properties Ltd (purportedly valued at N50 Million);

iii.     70,000 – Spider Construction Ltd (purportedly valued at N36 Million).

SCHEDULE B

PROPERTIES BELONGING TO IKE EKWEREMADU NOT DECLARED IN HIS ASSETS DECLARATION FORMS IN ABUJA

i.       No. 11, Evans Enwerem Street, Apo Legislative Quarters, Apo, Abuja.

ii.      Plot 2633 Kyami, Abuja.

iii.     Housing Estate (Plot 1106 CRD, Cadastral Zone 07-07, Lugbe, Abuja.

iv.    Plot 2782 Asokoro Extension, Abuja.

v.     Houses at Citi Park Estate, Gwagwalada, Abuja.

vi.    Plot 1474 Cadastral Zone BD6, Mabushi, Abuja.

vii.   Congress Court, Abuja.

viii. Flat 1, Block D25, Athletics Street, (24th Street) Games Village, Abuja.

ix.    Plot 66, 64 Crescent, Gwarimpa Estate, Abuja.

PROPERTIES IN LONDON

i.       Flat 4 Varsity Court, Harmer Street, WIH 4NW, London.

ii.      52 Ayleston Avenue, NW6 7AB, London.

PROPERTIES IN DUBAI

i.       Room 1903, The Address Hotel, Downtown Dubai.

ii.      The Address Boulevard, 3901, Dubai

iii.     2 Flats of Burij Side Boulevard (the signature), Dubai

iv.    Emirate Gardens Apartment No. EGG1/1/114, Dubai.

v.     Emirate Gardens Apartment No. EGG1/115, Dubai.

vi.    Apartment No. DFB/12/B 1204, Park Towers, Dubai.

vii.   Flat 3604, MAG214, Dubai.

viii. Villa No 148, Maeen 1, The Lakes Emirates Hills, Dubai.

PROPERTIES IN FLORIDA, USA.

i.       4507 Stella Street, Bellavida Estate Kissime, Florida, USA.

ii.      2747 Club Cortile Circle, Kissime, Florida, USA.

iii.     2763 Club Cortile Circle, Kissime, Florida, USA

The post Freeze Ekweremadu undeclared asset, FG tells court appeared first on Tribune.

Facebook Comments

Please follow and like us:

  • 363
  • Share

Leave a Reply

Top