N21 Billion Fraud: Bukola Saraki Begins Media War Against Police Special Fraud Unit

Date: 2012-05-28

Instead of addressing his involvement in the fraudulent N21 billion loan scam allegedly granted to Joy petroleum through the now defunct intercontinental bank, former 
governor of Kwara state and now senator Bukola Saraki has begun campaign of calumny against the Special Fraud Unit (SFU) of the Nigeria Police and its top boss, 
Tunde Ogunsakin, a Police Commissioner.

Recall that the police fraud unit has been having a running battle with the senator over his involvement in the loan fraud.

It is on record that Sen. Saraki refused to honour several invitations by the anti fraud unit before finally surrendering himself at the unit's office in Abuja about three weeks ago after  being declared wanted by the Police.

Senator Saraki before honouring the Police invitation, has through his media office tried to misinform the public that an Abuja High Court has restrained the police from 
inviting, questioning or detaining him.

The misleading press release issued by Saraki's media aide Akintoba Fatigun on April 24, 2012 stated:

"To protect his dignity and prevent further harassment, Senator Bukola Saraki has obtained an interim injunction restraining the Inspector General of Police, his officers 
and agents from threatening to arrest him or infringe on his rights pending the determination of the substantive suit on Thursday, 26th May 2012.

The restraining order which was purportedly issued by the Federal High Court 4, Abuja, headed by Justice Gladys Olotu was consequently refuted by the court as the 
SFU secured a court order for his arrest through a Lagos High Court and he was declared wanted by the police.

Police believe the elusive senator illicitly obtained a N21 billion loan from Intercontinental Bank Plc, now Access Bank through Joy Petroleum, a company said 
to be owned by his former aide, Matthew Obahor.

As the beleaguered senator failed in his attempt to seek a restraining order aiming at stopping the police from taking him into custody. There are unconfirmed reports that he had reportedly gone into hiding following the court's decision to deny him this sliver of protection.

After Saraki's chats with the Unit's investigators in Lagos and Abuja, he was said to have sensed that the police unit will definitely charge him to court for the scam and 
was said to have set in motion series of smear campaigns to discredit and rubbish the image of the Anti -fraud unit and its commissioner, Ogunsakin who was 
unceremoniously kicked out of the EFCC last year by the former chairman of the commission, Farida Waziri.

He is said to be planning to weave his smear campaign around  the certificate saga involving  the  SFU boss, whose tenacity has become a source of worry for the former Governor  during his (Ogunsakin)  period as the Chief Investigator of the anti graft commission.

According to reliable sources close to the serving senator, these anti-police and anti-Ogunsakin efforts are to weaken the case against him and to win public sympathy in his favour, if the case eventually goes to court.

He was said to have employed the services of political associates to put pressure to bear on the SFU commissioner to soft pedal in his case. These include a former 
governor of Ogunsakin's home state and that of a former Governor of Lagos State.

An insight into the activities of Saraki and his well oiled media was highlighted by a piece written and published by a public affair analyst, Joseph Omololu, on May 14, 
2012 in some online media, which dealt extensively with the activities of the media team of Saraki.

The article which is fully reproduced here, reads:

"For the past weeks, Senator Bukola Saraki's well-oiled media lobby has tried a great deal to explain the former governor's side to the N11b loan scam over which the powerful politician is being investigated. They are doing so in manners that suggest  that the whole issue is one big conspiracy hatched by some powerful forces to hang 
Saraki.

"An arm of the lobby tries to tie the police investigation to the motion the senator sponsored last year calling for the probe of the alleged mismanagement of the fuel 
subsidy, now followed by head-scratching revelations.

"The other arm attempts to link it to the politics of 2015 with some politicians, allegedly aided by the Presidency, trying to checkmate Saraki. I concede that the 
first lobby has done enough to justify whatever amount budgeted for the propaganda. Up to 10 different well-written articles have appeared on this topic in various 
newspapers and online portals.

"On the heels of those came an official press release from Saraki himself explaining his 'side' of the story in the dailies of Friday May 11, 2012. Whilst keeping quiet on 
the conspiracy theories above, Saraki again denied any link to the Joy Petroleum - the company he believes is at the heart of the police investigation - and alleged 
media prosecution of the case against him.

"But the irony of the whole propaganda is that the more Bukola Saraki and his media lobby speak on this matter the more vivid his links (and perhaps culpability) in the 
entire saga become in the eyes of all lovers of details and probity.

"Everything written by his media lobby and the contents of his press statement deliberately ignored the facts of the case against him. They have failed to answer all 
relevant questions even an inexperienced investigator will ask. Again, that is expected. The whole agenda of the propaganda is to shift public attention from facts 
to sentiments.

"Here are some of the questions from which Saraki and his media lobby are running: if his (Saraki's) claim that Joy Petroleum Limited is owned by his late aide, how come persons directly linked to Saraki, including one Abdul Adamu, were still making transactions to and from the accounts belonging to the same company while the 
fellow was bedridden and even after his death? Police have said that the names in the documentations of the Bank included the wife of the former governor, Toyin Saraki, and the former Commissioner of Finance and current Governor of Kwara State, Abdufattah Ahmed.

"Police also said a loan obtained by Joy Petroleum ltd. was lumped together with Dicetrade Nigeria Ltd and Likam Ltd. (both of which Saraki has admitted having 
interest) by the Bank which were separately obtained by the companies. What is the point lumping together a loan obtained by company A with company B if there are no established relationships? Police also said the stock purchased by the Kwara State Ministry of Finance was used as collateral for the loan approved to Joy Petroleum Ltd. by the Bank. Neither Kwara State Government nor any other agency has denied this.

"They have also said that Joy Petroleum Ltd., Dicetrade Nigeria Ltd. and Likam Nig. Ltd share one registered office address, No 10, Abebe Village, Iganmu, Lagos and operate one office address, No 30 Saka Tinubu Street, Victoria Island, Lagos (property of Saraki). It also happens that No 10 Abebe close is the office of TOYIN Pinheiro SAN, Saraki's personal friend and lawyer.

"Police said Saraki had used his office as the Governor of Kwara State to influence the purchase of the above named companies' stock by the Kwara State Ministry of 
Finance and that the Plaintiff at material times (going by bank documents) was a promoter of Joy Petroleum Ltd. and on several occasions used his personal 
properties to guarantee loans taken by the companies including Joy Petroleum.

"These are weighty allegations against Saraki and interestingly all are related to the said Joy Petroleum ltd. Just as Saraki has kept quiet on why payments and 
withdrawals were made by individuals directly linked to him even after the supposed owner of the company was long dead, his media lobby has also refused to address 
other issues raised by the police.

"If Saraki has no interest in the company, how come properties of the government he ran were used in the transactions involving the company? How come he is not 
addressing the established link between the company and his wife and commissioner for finance?

"He said the loans were not collaterised, what then do we make of the established link (as bank documents show) between Saraki's properties and the loan? In fact, his claim that the loan (about which he claims ignorance) was not collaterised raises another question about his sincerity.

"As for whether the case against him is being prosecuted in the media, Saraki again is the one guilty of such accusations. Police authorities last made a statement on the 
matter the day he appeared in Abuja, rather than the Lagos office of the SFU to which he was originally invited. And that statement was quite silent on the case against 
him. It only stated that he appeared in Abuja and was expected to report again in Lagos the next Thursday.

"That is probably because the matter is already before the court, where both parties have filed affidavits and counter affidavits to state their respective case. Since then, 
Bukola Saraki has granted at least two interviews online including the one granted japh omojuwa.com touching this issue.

"The above suggests that Saraki is commissioning several write ups to deceive the unwary public and whip up sentiments. It is on record that Saraki deliberately lied to 
the world that he has obtained an injunction against the police whereas no such thing exists. Rather than summon a moral conviction to apologise to the public for such 
show of shame, Saraki has continued to spread falsehoods. But nothing exposes Saraki as a lawless and indecorous fellow other than his continued public statements 
over the veracity or otherwise of allegations already submitted to the court for adjudication. What is more, this was the same person that took the matter to the 
court in the first instance. Also, while Saraki is publicly asserting his innocence, privately he is said to be going around lobbying everybody from the President to the 
Sultan of Sokoto to the IG to have the investigation killed.

"Finally, Saraki is not the first public official to be questioned by the police. Even as matters stand now, the police have not preferred any charges against him. Yet one 
cannot recall there being this much sponsored write up about anybody in recent times as has been in favour of Saraki".

"Nigerians can well expect another round of salvo being prepared at the moment by Saraki's team against SFU and Ogunsakin."

Source

 

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