Crack detectives from the Special
Fraud Unit (SFU) of the Nigeria Police
fanned out this afternoon with orders
to arrest former governor of Kwara
State, Bukola Saraki, who is a star
actor in a N21 Billion loan scam for
which he has played hide and seek
with the police for about five days
now.
The police order was issued shortly
after Justice Gladys Olotu presiding at
the Federal High Court 4 in Abuja
today denied the former governor,
now a serving senator, a plea to
restrain the police from interrogating
or arresting him.
The SFU spokesperson, Ngozi Isinume,
said the detectives received a green
light “since it has been discovered
that there is no injunction restraining
us”, ruling out any need to declare
the former governor wanted.
“We are arresting him we don’t need
to declare him wanted, we are
arresting him,” she told Premium
Times from her desk at the Milverton
Road headquarters of the SFU in Ikoyi
Lagos.
As far as the case was concerned,
Justice Olotu sided with the reasoning
of the police counsel, Femi Falana,
that regardless of Mr. Saraki’s rights to
liberty, the police has the power to
arrest, investigate, and prosecute him
upon reasonable suspicion that he
has committed a criminal offence.
She also said in the circumstances of
this case Mr. Saraki is not entitled to
seek for an interim injunction against
the police.
Represented by three Senior
Advocates of Nigeria, who were led by
Saka Isiaku and Lawal Rabana, Mr.
Saraki had prayed that Justice Olotu
restrain the special anti-fraud unit of
the Nigeria police from questioning
him over his involvement in the N21
Billion million loan scam perpetrated
at the now defunct InterContinental
Bank.
In press statements, Mr. Saraki had
repeatedly claimed he had no hand in
the said scam and that he had no
relationship with the company, Joy
Petroleum, used to move the money
in contention. The police however
insist that their records point strongly
in the direction of Mr. Saraki and that,
in any case, they would like to hear his
own side of the story.
The police say they are puzzled by
findings, in the course of their
investigation, into this crime, and
particularly by revelations from the
accounts of Joy Petroleum, from
which they found that credit transfers
were made at a time the sole operator
of the account, Mr. Obahor, a former
aide of Mr. Saraki was long deceased.
The police also wondered how a debt
of N9.7 Billion was dramatically
written off from the same account
that in turn was closed by one Abdul
Adamu, who they found out to be an
aide of Mr. Saraki.
While Mr. Saraki constantly harped on
the fact that he had no relationship
with Joy Petroleum, the police have
asked how come the head office of
the company on No 30 Saka Tinubu
Street, Victoria Island, Lagos belongs
to Mr. Saraki. The police also question
the fact that he had used his office as
the Governor of Kwara State to
influence the purchase of the stock of
the company by the Kwara State
Ministry of Finance. Above all, the
police said Mr. Saraki had been an
open promoter of Joy Petroleum Ltd.
and on several occasions used his
personal properties to guarantee
loans taken by the company.
The police said it also wants the
former governor to assist it clarify why
the names in the documentations of
the Bank included his wife, Toyin
Saraki, and his former Commissioner
of Finance and current Governor of
Kwara State, Abdufattah Ahmed.

www.premiumtimesng.com/news/4839-police_launch_manhunt_for_saraki.html

Sauce abi na stew sef

mormoni:
Sauce abi na stew sef

done

See money

Is he among the progressives or transformators?

All dis money u re thiefing..... Dere iz ...

cc lalasticlala ishilove ngwakwe obinoscopy
frontpage please

rubbish....so na when he joined apc,naija police come open eye say hin thief abi.....yeye men in black

This is what I hate about Nigeria politics why wait this long, and naija politicians are the worst criminal mind earth. They Always know how to beat the system. They will create a fraudulent transaction that will take you like 10 to twenty years to get to the route.

Na now GEJ just dey wake up untop corruption cases...and to even think his first victim is a member of the opposition when there are countless big thieves, drug dealers and well known murderers in PDP

This how to fight corruption, not shouting Kirikiri Kirikiri,

The NPF are stupid for just running after a criminal like Bukola Saraki by now. The case mentioned here is how many years now, but simply cos Bukola is on the opposition party. NPF are not working if only they claimed to be doing so. How on earth would Bukola Saraki says he has no relationship with Joy Petroleum, in case if he says so then arrest Tope Daramola and some other staff of the defunt INTERCONTINENTAL Bank in Ilorin most especially those that were in Public Sector unit, they must have something to say about whose truly owns the company. It is a pity today that someone like Bukola Saraki and Fatai Ahmed are on the progressive party, what a pity. All these people suppose to be in prison by now. They are the number one prime suspect that kills Intercontinental Bank and make life of people so miserable and they are enjoying their loot but they should remember that God will take vengiance on their children children.