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.

Offa Descendants Union     Ajakaye     Vasolar Consultoria     S.O. Opowoye     Lateef Fagbemi     Sebastine Obasi     Yahaya Seriki     Benin Republic     Olabode George Towoju     Yusuf Babatunde Abdulwahab     SUBEB     Coronavirus     Olawuyi     Charles Ibitoye     Ayodele Kuburat Olaosebikan     Isiaka Danmeromu     International Public Sector Accounting Standards     Kwara     Garba Ayodele Wahab     Old Oyo     Ilorin Emirate Stakeholders Forum     Onilorin     Awoye     Oba Sulaiman Asude     Yahya Mohammed     Aishat Sulu-Gambari     PAACO-PCL Consortium     Haliru Dantoro     Baaziki Sulaiman     NAWOJ     Ilorin.Info     Dan Masanin     Erubu Oba Zubair     Musa Yeketi     Grillo     Alloy Chukwuemeka     Transition Implementation Committee     Shoprite     Aliyu Sabi     Shaaba Lafiagi     Abdullahi Dasilva Yussuf     Adewuyi Funmilayo     Kwha.gov.ng     Oloye     Maja     Teachers Specific Allowance     Admiralty Villa     Federal Polytechnic Offa     Demola Banu     Doyin Group     Borgu     Ridwan Agboola     Sulyman Age AbdulKareem     Wahab Egbewole     AGILE Programme     Yusuf Arowosaye     Segun Abifarin     Adesoye     Abubakar Imam     Arandun     Halimat Yusuf     Labaeka     Jeunkunu-Malete-Bani     PPS     Sambo Murtala     Sabi     Taibat Ayinke Ahmed     Kwara Teaching Service Commission     Dapo Teni Nig Enterprise     Elekoyangan     ASKOMP     John Kehinde Salako     Saka Aleshinloye     AbdulHamid Adi     Sherif Shagaya     AGM Professional Services     Lasiele Alabi Yahaya    

Cloud Tag: What's trending

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

Budo Egba     Frootify     The Herald     Hamidat Sulyman-Yusuf     Colleges Of Education Academic Staff Union     ENetSuD     Odogun Olushola Gabriel     College Of Health     Offorjama     Gabriel Fashanu     Abdulkadir Orire     Mohammed Lawal Bagega     Amada Jidda     Yahya Mohammed     Olokoba Abdullahi Ayinla     Opobiyi     Abdulganiyu AbdulAzeez     Hussein Olokooba     Kola Bukoye     Aliyu Sabi     Oluranti Idowu     Abdulmumini AbdulRazaq     Ilofa     Press Release     Ibrahim Oloriegbe     Kwara State University Of Education     JSSCE     Michael Nzwekwe     David Adesina     Taofik Abdulkareem     Kunle Akogun     Moshood Bakare     Umar Adelodun     Islamic Development Bank     Oniyangi     Elerin Of Adanla Irese     Bond     Mufutau Gbadamosi Esuwoye     Vishvas KOZ Tractors     Clara Nwachukwu     Ibrahim Taiwo Road     Umar Sanda Yusuf     Sulaiman Gado     Shola Odetundun     Ayodele Kuburat Olaosebikan     Muhammadu Gobir     Chief Of Staff     Hikmah AbdulKareem     Radio SBS     Modibo Kawu     Aso-ofi     Musa Alhassan Buge     Inside Kwara     Bolaji Abdullahi     Olabanji Orilonishe     Babaita     Monthly Sanitation Exercise     Abioye Bello     Sabi     Folashade Omoniyi     Shuaibu Yaman     Maryam A. Garuba     Ahmed Alhasssan     Okeose Christian Cementary     Mashood Dauda     Isiaq Khadeejah     Jamila Bio Ibrahim     Kulende-UITH     Ayobami Seriki     Mahmud Durosinlohun Atiku     Saka Saadu     Sidikat Akaje     Ilesha Gwanara Road     Abdulrahman Onikijipa     Ilorin West     Yunus Oniboki     Funmilayo Braithwaite