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REVEALED: How Senate President, Bukola Saraki Looted Kwara Dry – EFCC, CCB - Politics - Nairaland

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REVEALED: How Senate President, Bukola Saraki Looted Kwara Dry – EFCC, CCB by Ridwan1821: 8:55pm On Mar 18, 2016
Details of how senate president, Bukola Saraki, a
two-term governor of Kwara state looted the
state dry has emerged.
According to the Code of Conduct Bureau (CCB)
and the Economic and Financial Crimes
Commission (EFCC) Saraki allegedly syphoned
Kwara state funds with the help of Guaranty Trust
Bank (GTB) into his foreign account to buy
property in London.
This was contained in a joint response by the CCT
and EFCC is contained in the counter-affidavit
filed by the prosecution in the trial of Saraki on
charges of false assets declaration.
Saraki was said to have borrowed huge sums of
money running into billions from commercial
banks, particularly Guarantee Trust Bank and
used the proceeds of the loan to acquire several
landed property in Lagos, Abuja and London,
while he was the governor of Kwara state.
He was also alleged to have used public funds,
running into billions from Kwara state government
and lodged same in several tranches and in cash
into his GTB account I GRA (Government
Reservation Area), Ilorin, Kwara State.
“Our investigation on the CCB Assets Declaration
Forms for public officers filed by the defendant/
respondent revealed the following:
“The landed property listed as No: 42 Gerald
Road, Ikoyi was visited by Mr. Ikechi Iwuagwu
(Deputy Director, CCB), Miss. Geraldine Longsten
(DSS) and Adamu Garba (EFCC) sometime in 2006
and discovered that the property was under
construction.
“Contrary to the declaration by the defendant that
he was earning an annual income of N110,
000,000 from No: 42 Gerald Road, Ikoyi, Lagos,
there were no tenants in the property as same
was an empty land as at the time of the
declaration.
“Contrary to the declaration by the defendant that
he owned 15A and 15B Mcdonald, Ikoyi, Lagos as
at the time of the declaration in 2003 our
investigation revealed that the said property were
acquaired in 2006 from the implementation
committee on Federal Government Landed
properties through his companies called Tiny Tee
Limited and Vitti Oil Limited wherein he paid the
sum of N396, 150,000 to the federal Government
of Nigeria.
“The defendant made an anticipatory declaration
for the said 15A and 15B, Ikoyi, Lagos. The
defendant acquired the property in the name of
two companies because he could not buy two
Federal government property in his personal
name.
“The defendant bided for and acquired 17, 17A
and 17B Mcdonald, Ikoyi, Lagos from the
Implementation Committee on Federal
government Landed Property and paid an
aggregate sum of N497, 200,000 to the Federal
Government between October 2006 and 2007.
Saraki was also said to have failed to declare his
ownership of No: 3 Targus Street, Maitama, Abuja
otherwise known as 2481 Cadastral Zone A06,
Abuja which he acquired from one Alhaji Attahiru
Adamu in his asset declaration form (of June 3,
2011.) and No: 42 Remi Fani-Kayode Street,
Ikeja Lagos, which he acquired through his
company, Skyview Properties Limited from First
Finance Trust Limited on December 12, 1996.
“Sometime in February 2010 the defendant
obtained a loan of N375, 000,000 from GTB Plc in
Nigeria, which he converted into 1,516,194.53
pounds sterling and gave instructions to the bank
to transfer the entire sum to the united Kingdom in
favour of Forts Bank SA/NV the purpose of which
the defendant stated to be the full and final
payment of mortgage redemption for the property
he purchased in London,” Danladi said.
CCT chairman, Danladi Umar has adjourned to
March 24 for ruling and possible commencement
of trial.
https://www.naij.com/769550-revealed-senate-president-bukola-saraki-looted-kwara-dry-efcc-ccb.html
Re: REVEALED: How Senate President, Bukola Saraki Looted Kwara Dry – EFCC, CCB by munchi(m): 8:57pm On Mar 18, 2016
Am not surprise
Re: REVEALED: How Senate President, Bukola Saraki Looted Kwara Dry – EFCC, CCB by tsephanyah(f): 9:04pm On Mar 18, 2016
Saraki allegedly syphoned
Kwara state funds with the help of Guaranty Trust
Bank (GTB) into his foreign account to buy
property in London.
This was contained in a joint response by the CCT
and EFCC is contained in the counter-affidavit
filed by the prosecution in the trial of Saraki on
charges of false assets declaration.most politicians are guilty of this. so is normal he just siphoned his share
Re: REVEALED: How Senate President, Bukola Saraki Looted Kwara Dry – EFCC, CCB by Tunami(m): 9:26pm On Mar 18, 2016
ozoaekpe come and see your mentor.
Re: REVEALED: How Senate President, Bukola Saraki Looted Kwara Dry – EFCC, CCB by Toktee(m): 11:05pm On Mar 18, 2016
where is mr snape,amtaken,lesbianboy and chukudi?
Re: REVEALED: How Senate President, Bukola Saraki Looted Kwara Dry – EFCC, CCB by amtaken(f): 11:32pm On Mar 18, 2016
APC man looted his state according to you and you are shouting my name.

O gini?

Toktee:
where is mr snape,amtaken,lesbianboy and chukudi?
Re: REVEALED: How Senate President, Bukola Saraki Looted Kwara Dry – EFCC, CCB by Toktee(m): 11:39pm On Mar 18, 2016
amtaken:
APC man looted his state according to you and you are shouting my name.

O gini?

He looted the state as pdp governor not apc.

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