The Head of the Funds Transfer Unit of the Guaranty Trust Bank, Mr. Amazi Nwachuckwu, appeared before the Code of Conduct Tribunal on Tuesday, giving details of how the Senate President, Dr. Bukola Saraki, funded his offshore accounts between 2009 and and 2012.

Nwachukwu, who had within the period served at the Central Clearing and Foreign Operations Units of the bank, appeared before the CCT as the second prosecution witness in the ongoing trial of Saraki on charges bordering on asset declaration.

Saraki was the governor of Kwara State between 2003 and 2011 after which he was elected to the Senate.

The prosecution had alleged that the Senate President did not declare the foreign accounts to the Code of Conduct Bureau while being governor and a Senator during the period.

While being led in evidence by the lead prosecuting counsel, Mr. Rotimi Jacobs (SAN), he said the Senate President transferred funds to his foreign accounts between 2009 and 2012.

The witness confirmed that Saraki was keeping dollar, pounds sterling and naira accounts domiciled in the Ilorin, Kwara State branch of the GTB.

He said Saraki transferred over $3m from his dollar account to his foreign account during the period.

He also said Saraki transferred the sum of $73,223.28 to America Express Services Euro Limited, New York, through their bank, America Express Bank, New York.

He said, “Dr. Saraki filled the form in Kwara State Government House, Ilorin.

“He gave instruction to transfer the sum of $73,223.28 to the beneficiary America Express Services Euro Limited, New York, through their bank, America Express Bank, New York to account number 730580 maintained by America Express Service Euro Limited.

“The purpose of payment was funding for amounts utilised on AMEX (American Express) cards issued to the customer (dollar credit card no. 374588216836009).

“For his dollar account number 441/441953/2/1/0, the customer signed the fund transfer form. The form was received from the account officer in Ilorin branch. We then processed it and transferred it to our corresponding bank abroad.

“The corresponding bank then transferred it America Express Bank Limited.”

He said the transfer was for the “funding for amount utilised on the payment cards issued to Saraki.”

He said the former Kwara State Governor transferred the total sum of £1,526,194.53 from his pounds sterling account to his Fortis Bank, London account in three instalments within two days on February 15 and 16, 2010.

He also said the GTB also offered a N375m loan to Saraki through a letter dated February 10, 2010.

According to the witness, Saraki instructed GTB to transfer the pounds sterling equivalent of the loan to fund mortage on a London property.
He said, “In Exhibit 7 is a letter dated February 10, 2010.

In the 14th out of the 16 counts preferred against the Senate President, Saraki was said to have failed to declare his interest in “an American Express Service Card with No: 374588216836009 wherein you (Saraki) transferred huges sums of money in dollars from your Guaranty Trust Bank domiciliary account No441441953210 in Nigeria to the American Express Service, Europe, whilst you Executive Governor of Kwara State.”

The offence is said to be contrary to section 15 of the Code of Conduct Bureau and Tribunal Act, CAP. C15, Laws of the Federation of Nigeria, 2004 and as incorporated under paragraph 11(1) and (2), Part I o the Fifth Schedule to the Constitution.

It is said to be punishable under section 23(2) of the Code of Conduct Bureau and Tribunal Act as incorporated under paragraph 18, Part I of the Fifth Schedule to the Constitution.

http://punchng.com/saraki-funded-undeclared-foreign-accounts-banker/

When are we going to have impeccable leaders that are not hunted by the past in this country? Lord have Mercy!

ONLY GOD CAN HELP US IN THIS COUNTRY

I know that guy is a criminal

A serious one for that matter

Wrong country

Ok

.

i am honestly not a bit suprised by dis, our leaders are heartless, dey are selfish and very unforthcoming. u can imagine in a country of over 170 million pipul, a 21st century politician is still bent on fraudulent practices and making sure der voters acquire every ounce of regret for voting dem in. Our leaders are really not worth ruling an animal kindom.

And he still refuses to resign?

What Saraki has, Saraki keeps...

APC saint ;

HMMM

Glad to see this

This APshit led government of hypocrisy, they witch-hunt you once you are not on their side....
Meanwhile.....
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.
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I am one of the

NO AMOUNT OF ACCUSATION SARAKI WILL BECOME THE PRESIDENT OF NIGERIA

who is behind boko haram exposed...
www.africanpoint.tk

This is evidence from his former banker before some will come shouting witch hunting. The earlier you recognize these guys as our real enemies, the better.

Saraki has gone past this level.

What is occupying his mind now is how to betray Atiku and beat Buhari and El Rufai to their game, to emerge the APC Presidential flagbearer in 2019. That is the big picture for him. That is the real pie for him.

Omo see money

When are they gonna conclude this Saraki case sef. The guy don dey near 4 years as the Senate Presido yet, court cases full hin head like LAPALAPA..

I tire for our Judiciary o...

verygudbadguy:
When are they gonna conclude this Saraki case sef. The guy don dey near 4 years as the Senate Presido yet, court cases full hin head like LAPALAPA..

I tire for our Judiciary o...

Men when get heart.

Decorated thief's in high places

Saraki na MMM

I see ekweremadu as next sp anytime soon.

Just wait for Saraki Fans Club to arrive - the Sons of Hatred known as Ojukwus and Osus.

oh Why this time!

The mod was lucky to have unbanned me. I'm back, so watch out for the Truth that would soon replace this post. It time for our enemy to pay the ultimate Price. Check my profile and get to know us. We are ever Better than the best, but when need be, lethal than the worst.

Adegokenath:
NO AMOUNT OF ACCUSATION SARAKI WILL BECOME THE PRESIDENT OF NIGERIA

No way, don't know how someone sensible will talk this way with all this allegations against him, and if you think they are lies, my humble prayer is that God runs your life the way the sarakis have ran Kwara and the way that stupid bukola is still running kwara through his puppet maigida

I c

Ok