How Saraki diverted Kwara N10bn –EFCC

Date: 2020-02-28

The Economic and Financial Crimes Commission insisted on Thursday that two Ilorin houses belonging to a former Senate President, Dr Bukola Saraki, must be forfeited to the Federal Government because they were built with funds allegedly stolen from the coffers of Kwara State.

The anti-graft agency claimed that it had evidence that Saraki, who was Kwara State governor between 2003 and 2011, diverted not less than N10bn belonging to the state.

The EFCC told Justice Rilwan Aikawa at the Federal High Court in Lagos that the sum of N1.09bn spent on the two Ilorin buildings was part of the N10bn allegedly stolen by Saraki.

The commission had on December 2, 2019 obtained an order temporarily forfeiting the houses – Plots No. 10 and No. 11 Abdulkadir Road, GRA, Ilorin, Kwara State – to the Federal Government.

It is now urging the court to make the interim forfeiture order permanent, a move that Saraki, through his lawyer, Mr Kehinde Ogunwunmiju (SAN), has vehemently opposed.

In an affidavit filed before the court, an officer of the EFCC, Bilikisu Buhari, said the anti-graft agency found that while he was Kwara State governor, Saraki allegedly diverted N100m on a monthly basis from the federal allocation to the state.

She said, "After the funds were stacked in the Kwara State Government House, it was then fraudulently dissipated and taken away in cash by Messrs Abdul Adama, Ubi Ofem and Ubi Austin, acting on the instructions and direction of Dr Bukola Saraki in violent breach of public trust.

"That in this scheme of fraud alone, about N10bn was fraudulently diverted from the treasury of the Kwara State Government."

Buhari said Adama, Ofem and Austin, using fictitious name, usually paid the diverted N100m into the bank accounts of contractors who built the houses.

But opposing the prayer to permanently forfeit his client's houses on Thursday, Saraki's lawyer, Ogunwunmiju, said they were built from his legitimate earnings.

The SAN said N252.2m out of the N1.09bn used for developing the property represented what Saraki was paid for the development of a five-bedroom apartment, which he was entitled to as a two-term governor of Kwara State.

Ogunwunmiju pointed the attention of Justice Aikawa to the Governor and Deputy Governor (Payment of Pension) Law 2010 of Kwara State, which stipulated that an elected two-term governor of the state was entitled to a five- and four-bedroomed duplex, respectively, at any location of their choice within Kwara State.

He said rather than allow the state to build the house for him, Saraki chose to collect N252.2m so he could add money to it to build a house to his taste.

He urged the court to dismiss the EFCC's application for being an abuse of court processes, saying the same issues had been taken before the Code of Conduct Tribunal, the Court of Appeal and the Supreme Court where Saraki was vindicated.

But counsel for the EFCC, Mr Rotimi Oyedepo, insisted that as long as Saraki failed to explain how he came about the over N700m, which he added to the N252.2m to develop the houses, the houses were liable to be forfeited.

After arguments that lasted for over five hours, Justice Aikwa adjourned till April 27 for judgment.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

CBT     Yashikira     Sulyman Tejidini     Kehinde Baale     Gbemisola Saraki     Ejidongari     Muhammed Taofeeq Abdulrazaq     Mohammed Halidu     Abdulwahab Ololele     Rashidi Yekini     Adeleke Ogungbe     Shuaib Boni Aliyu     Mumini Ishola Hanafi     Bahago     Laboratory-to-Product     Gobir Organization Foundation     Bolakale Saka     Agor     Salake     Muhammad Yahya     Government High School Adeta     Village Alive Development Association     Egbejila     Aro Yahaya     Col. Taiwo     Ayo Adeyemi     Temi Kolawole     Folajimi Aleshinloye     Coronavirus     Kwara Muslim Pilgrims Welfare Board     Ojo Fadumila     Olupako     Idofin     Micheal Imodu-Ganmo Road     Abdulmumini Jawondo     Kwasu     Onikijipa     Oloje     Khairat Gwadabe     Kazeem Adekanye     NIPOGA     New Model Police Station     Jide Ashonibare     MAI Akande     KWATMA     The Herald     Shaykh Luqman Jimoh     Gbemisola Oguntimehin     Volunteers Of Ilorin Community And The Emirate     Lawal Arinola Kudirat     Yusuf Mubarak     AbdulKareem Yusuf Danhawa     Salihu Alhaji Musa     SWAN     Salman Alada     Elesie Of Esie     Mashood Abdulrafiu Agboola     Magaji Are     Ahmad Lawan     Oluwole Dupe     Zaratu Umar     Kaosarah Adeyi     Principal Private Secretary     Zulkifli Ibraheem     Yakubu Shaaba     Dorcas Afeniforo     Joana Nnazua Kolo     Gbenga Awoyale     Olufolake Abdulrazaq     Haruna Tambiri Mohammed     Raji AbdulRasaq     Lithium Deposit     Azeez Salawu     Femi Agbaje     Taofeek Ibraheem     Musbau A. Akanji     Kayode Yusuf    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Adedayo Yusuf Abdulkareem     Binta Sulyman     NYSC     Dumagi     Lanre Jimoh     Ishak Mohammed Sabi     Isaac Gbenle     BECE     Mufti Of Ilorin     Issa Oloruntogun     Quareeb Islamic Association     Edu     Agor Market     Harafat E. Mukadam     Olosi Of Osi     Abdulkadir Bolakale Sakariyah     Presidential Election     Bola Sagaya     Falokun-Oja     Saadu Gbogbo Iwe     Abdulganiyu Oladosu     Jide Oyinloye     Tayo Alao     Adam Abdullahi Al-Ilory     Sabi     Kisra     Bahago     Jumoke Monsura Gafar     Jimoh Akani     Abdulrasheed Na\'Allah     Kola Adesina     Modibo Kawu     Old Oyo     Split Diamond Interchange     Shettima Of Ilorin     Muritala Olarewaju     Musa Abdullahi     Bukola Saraki     Yusuf A. Usman     Alfa Belgore     Onilorin     Dogara     Yakubu Danladi     Chartered Institute Of Personnel Management Of Nigeria     Abdulraheem Yusuf     Yahaya Abdulkareem     Henry Olaosebikan     Shehu Raheem Adaramaja     Adesina Simon Sodiya     Rafiu Ajakaye     Salihu Alhaji Musa     State Bureau Of Internal Revenue     Maimunat Oloriegbe     Kola Olota     Iyaloja-General     Yusuf Ali     Danhawa     Oasis Muslim Care Foundation     Ibrahim Taiwo     Offa     Abdulmumin Yinka Ajia     Fatai Olodo     Kayode Ogunlowo     John Olajide Adedipe     QuickWin     Issa Baba     Ladi Hassan     Borgu     Mazars Consulting     George Funsho Adebayo     Kwara State Coalition Of Business And Professional Associations     Ayodele Olaosebikan     Third Estate     Saduki Lafiagi     Oro Grammar School     Adedipe     Aliyu Adebayo