Police grill Saraki over N9.7bn loan

Date: 2012-05-01

Former Governor of Kwara State Bukola Saraki was yesterday a guest of the Special Fraud Unit (SFU) at the Force Headquarters, Abuja where he was quizzed by investigators over a N9.7 billion loan.

The loan was said to have been obtained from the defunct Intercontinental Bank by Joy Petroleum Company, a firm which the former governor is said to have substantial interest.

The senator, who is assisting the police to clear certain grey areas in the said loan which was obtained by Joy Petroleum during his tenure as Governor of Kwara State, was released on bail last night.  

The Special Fraud Unit had declared him wanted last week over his failure to honour an invitation  by the SFU in respect of the loan.

Access Bank, which has taken over Intercontinental Bank, is believed to have initiated the investigation as part of the bank's loan recovery drive. 

It was like a political rally at the Police Special Fraud Unit (SFU)Milliverton Road, Ikoyi Lagos as political associates, party leaders, and supporters of Saraki  from  Kwara  came to show solidarity to the former  governor.

Saraki was supposed to appear at the SFU yesterday morning in Lagos. He later appeared in Abuja. 

It was alleged that the ex-governor used three of his companies to secure the loan, which was later allegedly fraudulently written off by the  management of Intercontinental bank under Mr.  Lai Alabi.

His supporters  were led by Mr. Ishola Fulani, the Kwara State chairman of the Peoples Democratic Party (PDP) . They urged the police to handle the investigation with care and ensure that justice is done.

According to them, Saraki is a transparent man and can never be involved in any fraud.

The supporters, who stormed Ikoyi in over 20 buses from Ilorin,  insisted that the police must treat their political leader fairly.

Mrs. Ebun Owolabi, a member of Kwara State House of Assembly who was part of the protesters warned that police should not allow anyone to use them.

Owolabi said: "I am speaking on behalf of women in Kwara State. Nothing must happen to this man who is a man of integrity and honour. We are not saying that police should not do their job, what we are saying is that he should be treated fairly and that nothing must happen to him."

 Commissioner of Police in charge of SFU, Mr. Tunde Ogunshakin  said  his command would bring all the culprits in the alleged loan scam to book.   

Chief Press Secretary to Governor Ahmed, Alhaji AbdulWahab Oba, yesterday said Kwara government was not paralysed as a result of the solidarity protest held by the ex-governor's supporters for him at SFU.

Oba said: "We want to place it on record that the Kwara State Governor, Alhaji Abdulfatah Ahmed was in Lagos on Sunday 29th of April 2012 with some top government functionaries to interact with Kwara professionals resident in Lagos."

Source

 

Cloud Tag: What's trending

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

ER-KANG     Ariyo     Unicontinental Construction Company     Hamid Bobboyi     National Party Of Nigeria     Abdulrauf Aliyu     Saliu Mustapha     Kwara United     Kemi Adeosun     Voices Of Tomorrow     Iliasu     Oyun     Moremi High School     Mohammed Yisa     Ndakene     Isiaka Saka Opobiyi     Col. Adedipe     Yusuf Lanre Badmus     Hydro-electric Power Producing Areas Development Commission     Yashikira     Babaloja-General     Taofeek Ibraheem     Minimum Wage     LEAH Charity Foundation     Seed Technologies     Tricycle Owners Association Of Nigeria     Salake     Dan Masanin     Bola Tinubu     Tunde Idiagbon Road     ER-KANG Mining     Omotoso Musa     Balogun-Ojomu     Ilorin Airport     Yakubu Mohammed Abdullahi     Tafida Of Ilorin     Ilorin East     National Democratic Congress     Chief Of Staff     Khairat Gwadabe     Iyabo Adewuyi     Yakub Ali-Agan     Kwasu     Goodluck Jonathan     Ayedun     Toun Okewale-Sonaiya     Kale Kawu     SWAN     Muyiwa Oladipo Kanu     Bolakale Kawu     Tayo Alao     Abdulkareem Alabi     Shehu Adaramaja     Aliyu Kora Sabi     Ibraheem Adeola Katibi     Ramadan     Overland     Sanusi Abubakar     Jide Oyinloye     ER-KANG Mining Nigeria Company Limited     Economic And Financial Crimes Commission     Ayodele Shittu     Senate President     Olomu     Funmilayo Oniwa     Ayekale     COVID     Ahmad Olayiwola Kamaldeen     Ophthalmological Society Of Nigeria     Yusuf Lanre Badmas     Bamidele Adegoke Oladimeji     Rotimi Samuel Olujide     Bahago     Tanke     National Association Of Nigerian Students     George Innih     Owode Market    

Cloud Tag: What's trending

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

Ayegbeni     Kulende     Ahmed Bayero     Sulyman Abdulkareem     Umar Bayo Abdulwahab     Ahmed Mohammed Rifun     NaAllah     Galadiman Ngeri     United Nigeria Congress Party     Akeem Lawal     Abdulmumin Yinka Ajia     Marufat Oladosu     BIR     JAAC     Gbemisola Saraki     KwaraLearn     CUTI     Ibrahim Taiwo Road     Kwara TV     Yakubu Gobir     Ajikobi     Olatunde Olukoya     Justina Oha     Kwara State Governor     NSCIA     Hassan Abdulazeez Elewu     Muslim Cementary     Local Government     Ope Saraki     Muhammad Akande Olarewaju Odunade     Michael Nzwekwe     Okedare     Alapado     Ajasse-Ipo     Dauda Adeniran Adeshola     Charcoal     Elesie Of Esie     Aliyu Adebayo     General Tunde Idiagbon International Airport Ilorin     Baruten     Benin Republic     Sayomi     Danhawa     Oba Sulaiman Asude     Bolakale Kawu     David Oyepinola Adedumoye     Nigeria Customs Service     Mohammed Kamaludeen     National Broadcasting Commission     Bond     High Court     Oba Abu     Anilelerin     Okin Biscuits     Samuel Olusegun Adedayo     Kolade Solagberu     Ahmed Dankaya     Kayode Zubair     Mutawalle     Ajike People Support Centre     Oladimeji Thompson     Women Radio     Ita-Nmo Market     Egbejila     Basic Education Certificate Examination     Kwara State Pension Board     Bayo Ajia     Saidu Isa     ARMTI     Yusuf Arowosaye     Adesoye     GRA     Senior Staff Union Of Colleges Of Education     Shettima Of Ilorin     Amule Elementary School     Mohammed Abduraheem     Oke-opin