FEDERAL GOVT. ASKS COURT TO FREEZE UNDECLARED ASSETS OF SENATOR EKWEREMADU

The federal government in a motion filed by Barrister Festus Keyamo (SAN) has asked the federal high court, Abuja to order the temporary forfeiture of properties allegedly belonging to the Deputy Senate President, Ike Ekweremadu. The said properties were being investigated by the Special Investigation Panel for the Recovery of Public Property

Keyamo wants Ekweremadu to temporarily forfeit the properties pending the conclusion of further inquiry/investigation by the Special Presidential Investigation Panel for the Recovery of Public Property and/or possible arraignment of Ekweremadu.

Grounds upon which Keyamo made the application are as follow;

‘’That the properties listed in Schedule A hereunder were the properties declared by the Respondent in his Assets Declaration Form at the Code of Conduct Bureau, That on-going investigation/inquiries have revealed that the Properties listed in Schedule B also belong to Ekweremadu and so belonged to him when he declared his assets in Schedule A, That the properties listed in Schedule B were not declared in the Assets Declaration Form of Ekweremadu, That preliminary investigation by the Federal Government reveals that a prima facie case of a breach of Code of Conduct for Public Officers has been made out against Ekweremadu’’

According to Barrister Festus Keyamo, (SAN) these are the property declared and undeclared by Deputy Senate President, Ike Ekweremadu.

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

13. 5 Bedroom Duplex & Boys Quarters, House A40 Apo Quarters, Apo, Abuja (purportedly acquired with a loan of N13.5 Million from Bank PHB);
14. 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);

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

1. 2 RM Apartment, MAG 214 Dubai (purportedly bought for $ 50,000.00);
2. 4 Bedroom Town House, The Lake Dubai (purportedly bought for $20,000.00);
3. 4 RM Town House, Florida (he claims he bought this House from a loan of $155,000.00 gotten from PHB)

• Plots 2 & 10, Republic Layout, Enugu (undeveloped land, purportedly valued at N4 Million);
• Plot 1518, Maitama Extension, Abuja undeveloped land (purportedly valued at N10 Million);

1. Plot 2882, Asokoro Extension, Abuja (purportedly valued at N13 Million);
2. 2 RM Apartment, Burjside Boulevard, Dubai, UAE (he claims he bought it for $250,000.00);
3. One Room Apartment, Emirate Garden, Dubai, UAE (He claims he bought it for $60,000.00);

• Park Tower, Dubai, UAE (He claims he bought it for $250,000.00);
• 3 Room Town House (2), Club Corticle, Orlando, USA (he claims he bought this property for $200,000.00);
• 4 Room House, Plot 1496 AI Thannyah, Fourth, Dubai, UAE (he claims he bought this property for $250,000.00);

1. 4 Bedroom Terrace House, Games Village;

• 6 Bedroom Storey House & Boys Quarters, Amachara MPU, Enugu;
• 4 Bedroom House and Boy Quarters, Federal Housing Estate, Enugu;
• 3000 Square Meters of undeveloped land at Amachara, MPU, Enugu;
• 5 Hectares of land, Tutu District, Abuja.

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

1. 5, 100,000 – Citi Park Luxury Hotels Ltd (purportedly valued at N350 Million);
2. 8, 000, 000 – Prime & Power Media Ltd ((purportedly valued at N30 Million);

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

1. 40, 000 – Prime & Power Konsult Ltd ((purportedly valued at N42 Million);
2. 50,000 – Power Properties Ltd (purportedly valued at N50 Million);
3. 70,000 – Spider Construction Ltd (purportedly valued at N35 Million).

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

1. 4 Bedroom Terrace House, Games Village, Abuja
2. A Storey Building at Amachara (MPU) (Country home)

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

1. Apo Legislative Quarters, Apo, Abuja;
2. 60 Square meters of undeveloped Land at Asokoro, Abuja;
3. 577 Square meters, Kurubuma Layout, Abuja

• 3000 Square meters, Amachara MPU.

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

1. 40, 000 – Prime & Power Konsult Ltd (purportedly valued at N40 Million);
2. 50,000 – Prime Properties Ltd (purportedly valued at N50 Million);

• 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

1. 11, Evans Enwerem Street, Apo Legislative Quarters, Apo, Abuja.
2. Plot 2633 Kyami, Abuja.

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

1. Plot 2782 Asokoro Extension, Abuja.
2. Houses at Citi Park Estate, Gwagwalada, Abuja.
3. Plot 1474 Cadastral Zone BD6, Mabushi, Abuja.

• Congress Court, Abuja.
• Flat 1, Block D25, Athletics Street, (24th Street) Games Village, Abuja.

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

PROPERTIES IN LONDON

1. Flat 4 Varsity Court, Harmer Street, WIH 4NW, London.
2. 52 Ayleston Avenue, NW6 7AB, London.

PROPERTIES IN DUBAI

1. Room 1903, The Address Hotel, Downtown Dubai.
2. The Address Boulevard, 3901, Dubai

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

1. Emirate Gardens Apartment No. EGG1/1/114, Dubai.
2. Emirate Gardens Apartment No. EGG1/115, Dubai.
3. Apartment No. DFB/12/B 1204, Park Towers, Dubai.

• Flat 3604, MAG214, Dubai.
• Villa No 148, Maeen 1, The Lakes Emirates Hills, Dubai.

PROPERTIES IN FLORIDA, USA.

1. 4507 Stella Street, Bellavida Estate Kissime, Florida, USA.
2. 2747 Club Cortile Circle, Kissime, Florida, USA.

• 2763 Club Cortile Circle, Kissime, Florida, USA

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