The Economic and Financial Crimes Commission has submitted a report to President Muhammadu Buhari linking Senate President , Bukola Saraki , and some of his aides to the diversion of about N 19bn from the N522 bn Paris Club refund.
The report also fingered Mr . Robert Mbonu of Melrose General Services Limited.

Mbonu is a former Managing Director of Societe Generale Bank of Nigeria , the commercial bank owned by the Saraki family which was later liquidated .

The Federal Government had, in December 2016, approved the sum of N522 .74bn to be paid to the 36 states of the federation as part of the reimbursement of the over- deduction on the Paris Club loan from 1995 to 2002.

The EFCC had sometimes in January discovered that the loan refunds were illegally routed through the account of the Nigeria Governors Forum by the Central Bank of Nigeria .

Upon receiving the funds , the NGF , in an alleged connivance with Saraki , began remitting huge sums to private consultants who then laundered about N19bn .

According to the report, apart from the NGF, others under investigation include the Relationship Manager to the Senate President in Access Bank , Kathleen Erhimu.
Some others under probe and identified as Saraki ’s aides include Obiora Amobi , Gbenga Makanjuola , Kolawole Shittu and Oladapo Idowu .

The report alleges that sometimes in December, Saraki introduced the ex -bank MD , Mbonu, to Erhimu.
Others at the meeting were Saraki ’s aforementioned aides .

It added that sequel to the meeting, the sum of N 3 .5 bn was lodged into Melrose General Services Company account number 0005892453, domiciled in Access Bank from the Nigeria Governors Forum on December 14.

The report stated that two of Saraki ’s aides , Obiora Amobi and Gbenga Makanjuola , were introduced to Access Bank as representatives of Melrose General Services Limited by Mbonu to enable them to make cash withdrawals from the account .
It added that Amobi and Makanjuola made cash withdrawals in various tranches of N 5m and N10m .

The report reads in part , “ Based on the foregoing findings, it is clear that Robert Mbonu , the Managing Director of Melrose General Services Company and his company were used to help divert proceeds of unlawful activities under the guise of payment for contractual obligations with the Nigeria Governors Forum .

“ Suffice to apprise that all payments received by Melrose General Services Company from the NGF have hitherto been diverted directly via cash withdrawals and indirectly through transfers by Gbenga Peter Makanjuola , Kolawole Shittu and Oladapo Joseph Idowu, who are principal aides to the Senate President .

“ Furthermore, other payments from Melrose General Services Company have also been linked to companies that Dr . Bukola Saraki has interest in and carries out transactions with.

“ This includes the sum of $ 183 ,000 , which was transferred to Bhaska Devji Jewellers, Dubai , a company Dr . Bukola Saraki had repeatedly made payments to .

“ Also, the sum of N200 m was transferred to Wasp Networks Limited that subsequently transferred the sum of N 170m to Xtract Energy Services Limited, a company that routinely made deposits into Dr . Saraki ’ s Access Bank US Dollar Domiciliary account .”

The report concludes that a prima facie case of conspiracy to retain the proceeds of unlawful activities and money laundering, contrary to sections 15(3) and 18(9 ) of the Money Laundering Prohibition Act 2004, could be established against the aforementioned suspects .

“ Additionally, investigation into their personal accounts is ongoing ,” it adds .
When contacted , the Special Adviser to the Senate President on Media and Publicity , Mr . Yusuph Olaniyonu , who spoke on behalf of Saraki , said he would not react except he sighted the report.

“ Send the report to me and I will be able to read it and contact the necessary people. If I don’ t see the report, I cannot react to it in abstract . Send me the report if you want our reaction ,” he said.

The spokesman for the EFCC , Mr . Wilson Uwujaren, confirmed that investigations were ongoing into the Paris Club scam.
He , however , said he did not know the specifics of the investigations.

“ I can only confirm that there are investigations but I don ’t have details,” Uwujaren said.




http://punchng.com/n19bn-paris-club-scam-efcc-report-indicts-saraki-aides-ex-bank-md/


http://www.premiumtimesng.com/news/headlines/227213-shocking-efcc-writes-buhari-indicts-saraki-aides-allegedly-laundering-n3-5-billion.html

Hit me, I hit you God norrr go vex..in so far the hitting is true....
Oyah as usual Sinator Saraki debunk it
Sharply. Movie just like the one I watched some time ago "The cooperate thief"

Saraki na criminal no doubt, he knows they can't touch him. CCB sef no see anything to do am since all these months. EFFC can only finger instead make dem arrest and jail these crooks

I knew the Executive arm would deal a blow to the legislature. Waiting for a counter blow from the legislature.
Nonsense country

anybody that is culpable should be arrested and prosecuted

Bunch of thieves, no wonder they dont want Magu as the Chairman.

My annoyance is not even with Saraki.
Its with the cattle rearer that I voted for.
When Buhari made that most nonsensical statement that he doesnt mind who becomes SP or speaker,despite his avowed anticorruption stance,all sane supporters of his cried out how wrong that was.Saraki eventually played him like a brainless toy to become SP!
Despite the array of evidence pple that thought they were trying to redeem that battered image of Buhari then produced from d CCB to try to nail Saraki at d CCT,the cattle rearer ignored them and is now best friends with Saraki and all d fraud and corruption him and his presidency cabal stand for.Yet,I am expected not to look at PMB with disdain?
A man that acts deceptively,divisively and selectively?!
PMB is to blame for d present corruption in d NASS because he is directly and indirectly supporting it.Disdain is my only feeling for him now.I even sometimes feel like throwing up anytime I mistakenly watch him now.
I dont blame Saraki,Dogara and their clique one bit now.
D only redeeming legacy is if Buhari can vacate d presidency for Osinbajo.

The truth about why they rejected Magu is gradually coming to light.

Saraki seems to be an unrepentant pen robber who is being controlled by greed and inordinate ambition.

His demeanor is akin to a man under spell or someone who is given to a reprobate mind.

One thing that is for sure is that,as the senate have decided to throw mud on Magu publicly, Magu too will fight back dirty.