₦airaland Forum

It is no longer news that the Senate President, Dr. Bukola Saraki is to be charged to court by the Code of Conduct Bureau on a 13 count charge. What may become news however, is the possible outcome of this important trial of the senate president. While many are already aware of the 13 count charge, as contained in the charge sheet prepared by Mr H.S Hassan, a deputy director in the Federal Ministry of Justice, Mr Rights deem it fit to break down the charges in ordinary man’s langauage for proper understanding Here is the breakdown:


CRIME 1 The first crime of Saraki, according to the charge by Code of Conduct Bureau is that, he made a false asset declaration in September, 2003 upon assuming office as Governor of Kwara State. Saraki declared an asset he was yet to own, anticipating to loot public resources to acquire the asset. At the time of his assumption as governor, Saraki claimed to have owned or acquired No 15A and 15B McDonald, Ikoyi, Lagos through his company Carlesle Properties Limited in the year 2000. But that was false. He never owned or acquired the property at that time. The property was actually bought or acquired by Saraki in the year 2006 through his company, Tiny Tee limited and Vitti Oil limited. He bought the properties for N396,150,000.00 ( Three hundred and ninety six million, one hundred and fifty thousand naira). The Code of Conduct charged that, since Saraki declared owning the asset as far back as 2003, yet, he only acquired it in 2006, such false declaration amount to an offense punishable under the code of conduct act. POSSIBLE JUDGEMENT Should code of Conduct prove that, Saraki did declare owning the asset at No 15A and 15B McDonald, Ikoyi, Lagos in 2003 upon assuming office as Governor. Should they prove that, he never owned such asset in 2003 as claimed in his declaration form. Should they be able to prove he recently acquired the asset in 2006. Saraki is likely to be found guilty of this offense.



CRIME 2 The second crime of Saraki, according to the charge by Code of conduct Bureau is that, while serving as Kwara state governor between 2006-2007, Saraki acquired properties located at 17A and 17B McDonald, Ikoyi, Lagos at the rate of N497,200,000.00 (Four hundred and ninety seven million, two hundred thousand naira). In his asset declaration after serving his tenure as Governor of Kwara State, Saraki claimed to have gotten the money to buy the properties from the sales of rice and sugar, but such income doesn’t correspond with Saraki’s income as contained in the declaration he made to the code of conduct bureau when he became governor of Kwara State in 2003. This means that, Saraki spend beyond his legitimate earnings based on his declaration form. POSSIBLE JUDGEMENT Should the Code of Conduct prove he did acquire this property between 2006-2007 while serving as Kwara State Governor. Should they prove he acquired it at the rate of N497,200,000.00 (Four hundred and ninety seven million, two hundred thousand naira). Should they also prove that, Saraki’s income as contained in his assets declaration form doesn’t correspond with his spending to acquire such properties, the senate president is likely to be found guilty of this offense.



CRIME 3 Saraki’s third crime, according to the Code of conduct bureau is that, after his tenure as governor of Kwara state in 2011, Saraki made another false asset declaration. He refused to declare plot 2A, Glover road, Ikoyi Lagos, which he acquired between 2007 and 2008 from Central Bank of Nigeria, through his company Carlesle Properties Limited at the rate of N325,000,000.00 (Three hundred and twenty five million naira) POSSIBLE JUDGEMENT Should the Code of conduct prove that, Saraki did acquire plot 2A, Glover road, Ikoyi Lagos between 2007-2008 while serving as governor, should they be able to prove he never declared the asset after his tenure in 2011, Saraki is likely to be sentenced to jail.



CRIME 4 Also, Saraki’s fourth crime, according to the Code of conduct bureau is that, after his tenure as governor of Kwara state in 2011, Saraki made another false asset declaration. He refused to declare plot 3A, Glover road, Ikoyi Lagos, which he acquired between 2007 and 2008 from Federal Government Landed properties, through his company Carlesle Properties Limited at the rate of N325,000,000.00 (Three hundred and twenty five million naira) POSSIBLE JUDGEMENT Should the Code of conduct prove that, Saraki did acquire plot 3A, Glover road, Ikoyi Lagos between 2007-2008 while serving as governor, should they be able to prove he never declared the asset after his tenure in 2011, Saraki is likely to be sentenced to jail.



CRIME 5 Saraki’s fifth crime, according to the charge by Code of Conduct Bureau is that, Saraki made another false asset declaration in September 2003, upon assuming office as Governor of Kwara State by refusing to declare No 1, Tagus Street, Maitama, Abuja, which he later declared after his tenure in 2011 claiming to have acquired it in 1996. While he never declare the assets when he assumed office in 2003, he declared it after his tenure, claiming to have acquired it as far back as 1996 from one David Baba Akawu. POSSIBLE JUDGEMENT Should the Code of conduct prove that, Saraki never declared owning any asset at No 1, Tagus Street, Maitama, Abuja in 2003, should they prove that he later declared the asset after his tenure, claiming to have owned it as far back as 1996, Saraki is likely to be sentenced.

Cc: Lalasticlala

FTC

Haha... Even Buhari talk say e no get house for Abuja.. .

wait oh! i aint a law student

but when they say '13 count ' isnt dat meant to mean 13 different crime

Saraki is not only a thief, he has the supernatural gift of both PROPHESY & FLASHBACK..

Declaring properties not yet bought & recent ones like it it's always been possessed.

CC: midolian, tomakint, firefire

modath:
Saraki is not only a thief, he has the supernatural gift of both PROPHESY & FLASHBACK..

Declaring properties not yet bought & recent ones like it it's always been possessed.

CC: midolian, tomakint, firefire

That man? He is all you tagged him and also a dangerous capitalist. My prayer is that someday soon, kwarans will say they are free from saraki's chains

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What does it profit a man to acquire all the wealth of the earth and looses his soul!

Upon all the acquisitions, what if a plane crashes today and he is involves, what will be his lot?

Not trying to defend Saraki, but has anyone thought of the possibility of some of these assets being part of his late father's estate which he inherited on his death? I've decided not to have an opinion on this Saraki matter until all the facts are laid bare

Where are the remaining charges

chidexy:
Not trying to defend Saraki, but has anyone thought of the possibility of some of these assets being part of his late father's estate which he inherited on his death? I've decided not to have an opinion on this Saraki matter until all the facts are laid bare

did Olushola Saraki die before 2003?NO OOOOO!

chidexy:
Not trying to defend Saraki, but has anyone thought of the possibility of some of these assets being part of his late father's estate which he inherited on his death? I've decided not to have an opinion on this Saraki matter until all the facts are laid bare

In that case, documentation will prove that. If you inherit a property, and all legal documentation and transfer has been completed and all relevant inheritance taxes (if any) paid, he has no choice than to declare that property. Buhari declared properties he inherited from his late sister. Am not a lawyer or law student, they lawyers can shed more light on this.

I'm afraid he's going to walk this one...but I'm seriously hoping he's sent to jail. Confiscating his assets isn't enough, he'll just move on like nothing happened. Dude is a billionaire in any currency, partly from his father's loot and his too.