EFCC arrests Bukola Saraki again over allegations of corruption

Naijablog

Naijablog

Thread Starter
Well-known member
Local time
Today 9:40 PM
NaijaCash
397
images (5) (1).jpeg

The Economic and Financial Crimes Commission has held a former president of the Nigerian Senate, Bukola Saraki, in custody over allegations of theft and money laundering, PREMIUM TIMES can report.

Mr Saraki, a former Kwara State governor, was detained on Saturday, sources familiar with the development said, a situation that may trigger another episode of troubles for the politician.

As senate president between 2015 and 2019, Mr Saraki spent a considerable time facing allegations of corruption and false declaration of assets. He was acquitted by the Supreme Court in June 2018.

However, in his new case with the EFCC, PREMIUM TIMES understands, Mr Saraki is to answer questions over alleged theft and laundering of public funds using a network of cronies and proxy

The suspected proxies, who executed purported contracts for Kwara State under Mr Saraki, allegedly made returns, for many years, to the former governor, forming an organised a network of dirty money flow.

The funds involved were huge, running into hundreds of millions in naira and hundreds of thousands in foreign currencies at various times, sources said.

Anti-graft investigators have obtained a list of the proxy companies involved and analysed a pattern of suspicious transactions between them and Mr Saraki, PREMIUM TIMES learnt.

One of them has been reportedly responsible for funding Mr Saraki’s lifestyle, including paying over a hundred million to settle the bills for rent and renovation of Mr Saraki’s Maitama residence, PREMIUM TIMES’ investigation showed, based on interviews with persons familiar with the property.

 

Similar threads

  • Tags
    bukola saraki efcc
  • Richest Naijafans User

    Most NaijaCash

    Naijafans
    Naijafans
    9,871 NaijaCash
    N
    NL SOFT
    2,593 NaijaCash
    SACHSTOSHI
    SACHSTOSHI
    578 NaijaCash
    maventechie
    maventechie
    569 NaijaCash
    Naijablog
    Naijablog
    397 NaijaCash
    Naijababe
    Naijababe
    272 NaijaCash
    bestosteopathy1
    bestosteopathy1
    205 NaijaCash
    K
    A
    anngardner97
    117 NaijaCash
    bettydawson
    bettydawson
    113 NaijaCash