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.

Afusat Nike Ibrahim     Abdulmajeed Wahab     Bola Olukoju     Kwara NIPR     Niyi Osundare     Aliyu U. Tilde     Micheal Imoudu     Kamaldeen Gambari     Aliyu Kora-Sabi     Ibrahim Mashood     NYSC     Ilorin Talaka Parapo     Al-Ilory     Balikis Jawondo     IPSAS     ANCOPPS     Muhammad Mustapha Suleiman     Niyi Ogundiran     Yaman     Dele Belgore     Sola Saraki University     Rasheed Jimoh     Saliu Ajia     Ilorin Airport     Isiaka Gold     Danhawa     Olusola Saraki     Amos Sayo     Galadiman Ngeri     Kwara State Geographic Information Service     Asiwaju Bola Tinubu     JSSCE     Sobi     Grillo     Kpotum Mohammed Baba     Alfa Modibo Belgore     Lithium Deposit     IsDB     Yahaya Oloriegbe     Kisira     Lola Olabayo     Kayode Issa     AbdulRasaq Abdulmajeed Alaro     Shaaba Lafiagi     Abubakar Usman Jos     Abdulrasheed Akogun     KWASEIC     Abdullahi G. Mohammad     Bukola Saraki     Aremu Odolaye     Ahmed Bayero     March 18     Rafiu Ajakaye     Chief Imam Of Lafiagi     Oloriegbe     Isiaka Danmeromu     Hassanat Bello     Funmilayo Braithwaite     Kwara 2015     Bashir Badawi     Fatimoh Lawal     Saheed Alakoso     Suleman Abubakar     Alaiye     CCB     Ajeigbe     Mahmud Durosinlohun Atiku     Salmon Babatunde Salmon     Valsolar Consortium     Wahab Olasupo Egbewole     Abraham Ojo     Salman Alada     Kwarareports.com     Joseph Offorjama     Lawan     Abikan     QuickWin    

Cloud Tag: What's trending

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

Hamidu Olowo     CKNG     Muhammad Akande Olarewaju Odunade     Amos Bajeh     Dele Belgore     Galadima     Noah Yusuf     Michael Nzekwe     National Party Of Nigeria     Henry Makinwa     Col. Taiwo     Kunle Suleiman     Ibrahim Gambari     Saka Asiat Ayinke     Nurudeen Muhammed     Kola Olota     Muhammed Danjuma     Turaki Of Ilorin     Pacify Labs     Patigi Regatta     Jimba Babatunde     Muhammed Mahe Abdulkadir     Odogun Olushola Gabriel     Abubakar Lah     Is\'haq Modibbo Kawu     Osuwa     Iyabo Adisa Ibiyeye     Raji AbdulRasaq     Kwarareports.com     Bamikole Omishore     PharmAccess Foundation     Muritala Awodun     James Kolo     Ifelodun     LEAH Charity Foundation     Tsaragi-Share     David Adesina     Dar-Al-Handasah Consultants     Nnazua     Abdullahi Biffo     Kola Adesina     Kwara State Council Of Chiefs     Bello Taoheed Abubakar     Yusuf Mubarak     Moses Rahman Popoola     Sidikat Alaya     Summit University     Chemiroy Nigeria Limited     Kwara Politics     Baba Issa Awoye     Okoolowo     Olatomiwa Williams     Olomu     Ibrahim Abiodun     Moro     Amuda Aluko     Bayer AG     Vasolar Consultoria     Erubu     Agbarigidoma     V.O. Abioye     College Of Education     Sunday Fagbemi     Ramat Oganija     Kwara 2015     Oba Sulaiman Asude     Opaleke Bukola Iyabo     ER-KANG Mining Nigeria Company Limited     Jamiu Oyawoye     Oju Ekun Sarumi     Salman Suleiman     Abdulwahab Oba     Bayo Mohammed Onimode     Salihu S. Yaru     Association Of Kwara State Online Media Practitioners     Rapheal Ashaolu     Abdulkadir Bolakale Sakariyah