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N17bn Bond: EFCC Grills Ex-gov Saraki Again - Politics - Nairaland

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N17bn Bond: EFCC Grills Ex-gov Saraki Again by homesteady(m): 12:54am On Sep 11, 2013
The Economic and Financial Crimes Commission,
EFCC’s enquiry into the N17 billion bond
secured by the Kwara State government in the
past continued yesterday as the former governor
of the state, Bukola Saraki, was grilled for the
second time.
The former governor was made to explain his
role in the deal and to write a statement for the
second time within the space of one month. He
was grilled on the failure of the Saraki family
bank, the Societe Generale Bank, SGBN, in his
previous appearance.
The bond, which is now the latest issue the ex-
governor is contending with, was said to have
been allegedly secured when he held sway as
the executive governor of the state for eight
years.
Sources at the commission told National Mirror
that the embattled erstwhile governor was
interrogated for several hours yesterday to
throw more light on the circumstances of the
bond. During interrogation, the former governor
was have made to explain why he allegedly
negotiated to pay only N1.5 billion of the N3.3
billion pension funds he inherited.
EFCC spokesman, Wilson Uwujaren, confirmed
that Saraki visited the commission in the early
hours of yesterday to offer some explanations as
part of the ongoing investigation into the N17
billion bond saga.
He, however, debunked the claim that he was
arrested, stressing that he only appeared before
the EFCC team of investigators to give a
statement. According to him, the embattled
governor was later allowed to go after giving
useful information.
He said; “The former governor of Kwara State,
Bukola Saraki, was in our office again today as
part of the ongoing investigation into the N17
billion bond his administration secured while he
was the governor. He has given useful statement
and was allowed to go.
Meanwhile, the Economic and Financial Crimes
Commission, EFCC, yesterday put the number of
convictions secured by it in the last eight
months at 80. This was even as the commission
also revealed that it has recovered N6.5 billion
in the last eight months under review.
The anti-graft body, in a statement by its
spokesman, Mr. Wilson Uwujaren, yesterday
explained that a total of 368 cases were charged
to court by the commission, out of which it was
able to secure 80 convictions.
Giving the breakdown of recovered funds
yesterday, the commission noted that while over
N6.5 billion was recovered in local currency; $
19, 251, 519; 20, 520 and £19, 000 were
recovered respectively during the period.
Beyond the recoveries, the anti-graft body said it
has also intensified the prosecution of politically
exposed persons, failed bank executives,
captains of industries, beneficiaries of fraudulent
oil subsidy payments and senior civil servants
involved in pension fraud.
According to the commission, a number of cases
for which investigations have been concluded,
would be charged to courts across the zones
where the commission maintains offices as soon
as the courts resume from its recess.

Source - www.nationalmirroronline.net/new/n17bn-bond-efcc-grills-ex-gov-saraki-again/
Re: N17bn Bond: EFCC Grills Ex-gov Saraki Again by chaplin4u: 2:39am On Sep 11, 2013
We are sure to hear the beginning of the issue but never the end as they will find a political solution to it. After all, its a family affair. shocked
Re: N17bn Bond: EFCC Grills Ex-gov Saraki Again by ckkris: 4:45am On Sep 11, 2013
Like father, like son. Na prison him de go. Kwara has many people WILLING TO TESTIFY against them in court.
Re: N17bn Bond: EFCC Grills Ex-gov Saraki Again by Nobody: 4:47am On Sep 11, 2013
EFCC is dead.

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