Ex-Senate President, David Mark may lose property worth N748m to FG


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There are strong indications that former Senate President, David Mark, may lose a property valued at N748,000,000 to the Federal Government. The asset according to the government was illegally acquired.

In September this year, the Federal government, through the Special Presidential Investigation Panel for the Recovery of Public Property, which is chaired by Chief Okoi Obono-Obla, gave the former Senate President a 21-day notice to quit the mansion.

 The notice to quit, however, asked Mark to “show cause” why the Federal Government should not “enforce the recovery of the property for public good.”

But Mark had quickly filed a suit before the Federal High Court in Abuja to quash all steps taken by the panel to evict him and recover the house from him.

The case has not been heard.

Yesterday, copies of documents, including exhibits, filed by the former Senate President in his suit challenging the recovery process was made available to the media.

The Senate President’s official residence is sited on 1.6 hectares of land at 1 Musa Usman Street, (also known as No. 1 Chuba Okadigbo Street), Apo Legislative Quarters, Gudu, Abuja.

According to title documents, the property comprises eight structures, made up of the main house, ADC/chief security detail’s house, guest chalet, security/generator house, boys quarters, security post, driver/servants’ quarters and chapel.

The eight structures are said to be properly spaced and linked with well-paved drive and walkways and further done with lawns.

Mark, the senator, currently representing Benue South in the National Assembly, is accused of illegally acquiring the property with the approval of former President Goodluck Jonathan despite that such property was excluded from the monetisation policy of the Federal Government.

 Copies of correspondences and other documents, leading to the purchase and eventual handover of the property to Mark in April, 2011, showed that the serving senator purchased the property at a “reserved price” of N673,200,000.

 

Meanwhile, in his letter, dated October 28, 2010, seeking the then President Jonathan’s approval for the sale of the property, the then Minister of the Federal Capital Territory, Mr. Bala Mohammed, had indicated that the open market value of the property was N748,000,000.

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