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EFCC Pounces on Saraki, Seizes Houses in Lagos

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The Economic and Financial Crimes Commission has seized some houses belonging to Senate President Bukola Saraki, reports SUNDAY PUNCH.

The houses, which are located at 15a, 15b and 17 MacDonald Road, Ikoyi, Lagos, are said to belong to Saraki.

However, the EFCC was said to be unsure of which of the properties that actually belong to the Senate President and decided to place inscriptions and stickers on all of them.

While 15a and 15b were declared by Saraki in his asset declaration form, it is believed that some other houses on the street were bought by the Senate President from the Presidential Implementation Committee for the Sales of Government Property through shell companies.

His relative, who did not want to be named, told The Punch that the houses were seized on Friday.

He said, “The EFCC had been making inquiries into the finances and assets of Saraki for quite some time. They came to inscribe ‘EFCC, Under Investigation’ in red on the walls and the fences. The irony is that even houses that don’t belong to Saraki were marked.

“From what we were told, they are keeping him under strict surveillance ahead of May 29, 2019 when they may invite him.”

The EFCC had, while presenting evidence against Saraki before the Code of Conduct Tribunal in 2016, alleged that he owned houses on MacDonald Road but there were discrepancies in the addresses.

The EFCC witness, Michael Wetkas, had said investigation revealed that House No. 15 MacDonald Road, Ikoyi, Lagos, and Block 15 Flat 1 to 4 on the same street belonged to Saraki.

According to him, the Senate President bought the properties from the Presidential Committee on Sale of Federal Government Landed Properties in Lagos through his companies.

He added that the defendant made a bank draft in the name of TYNITY Company Limited, which he declared in the asset declaration form.

Wetkas noted that when the EFCC investigation team wrote to the presidential committee seeking clarification, the committee said from their records, the only property sold to the company was No. 15 Macdonald Street, Ikoyi.

Wetkas said 75 per cent, which amounted to N123.7m was paid for House No. 15 MacDonald Road, Ikoyi, through a bank draft from the account of one of Saraki’s company called Skyview Properties Limited in Access Bank.

He also said investigation revealed that Saraki made a bank draft through his company TYNITY and paid for House No. 17 MacDonald Road in Ikoyi, Lagos, in the sum of N256.3m.

The witness had said, “My lord, there was a draft of N12.8m and another draft of N20m from Zenith Bank as well as a draft of N4m from GTBank as part of payment for the purchase of House No. 17 MacDonald Street.

“The N20m draft came from Carlys properties and Investment Limited and a draft of 136.1m was made on January 13, 2007 for the purchase of same property.

“Another draft of N180.6m was made through Saraki’s personal bank account in GTB.’’

The EFCC last week announced a probe into the activities of the Senate President dating back to 2003 when he became the governor of Kwara State.

The commission had written a letter to the Kwara State Government House, asking for the details of all of Saraki’s earnings including salaries, allowances and estacode during his eight years as governor.

The Punch

 

 

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Abiola Cannot Be Recognised As Former President; He Was Never Sworn-in – Gen Ishola Williams

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By Eric Elezuo

One of the prime actors of the June 12, 1993 incidents, General Ishola Williams, has said that much as Chief MKO Abiola wrong was created having won the election, and denied victory, he cannot be recognized as a former President of Nigeria.

Gen Williams made his revelation while speaking as a guest on Channels television socio-political programme, Inside Source.

He maintained that only those who were sworn in that recognised as former presidents,  and Abiola was never sworn in.

“Abiola cannot be recognised as former president because he was never sworn in.

The General, who said that he resigned from the army as a result of the wholesome reception given to General Sani Abacha, when he overthrew Chief Ernest Shonekan-led Interim National Government, contrary to expectation, also picked flaws in the narratives given by former Military President Ibrahim Babangida, in his recently launched book, A Journey In Service.

Williams rose in the army to become the Commandant of Army Signals, Commander of Training and Doctrine (TRADOC) and Chief of Defence Training and Planning, from where he resigned.

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Breaking: Supreme Court Recognises Martin Amaewhule As Rivers Assembly Speaker, Orders CBN to Stop Releasing Funds to State

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By Eric Elezuo

The Supreme Court of Nigeria has in its ruling on Friday recognised Hon Martins Amaewhule as the authentic speaker of the Rivers State House of Assembly, mandating him to urgently resume sitting with elected members of the assembly.

The apex court also ordered the Central Bank of Nigeria to stop releasing to the Rivers State government until a proper assembly is constituted.

Details soon…

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Obasa Storms Lagos Assembly with Armed Men, Claims He’s Still Speaker

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Tension escalated at the Lagos State House of Assembly on Thursday as impeached Speaker Mudashiru Obasa made a dramatic return to reclaim his position.

Accompanied by heavily armed men, Obasa stormed the Assembly complex in a bold move that has thrown the State’s legislature into turmoil.

In a stunning turn of events, security details assigned to the substantive Speaker, Rt. Hon. Mojisola Meranda, were abruptly withdrawn on Thursday morning, clearing the path for Obasa’s controversial comeback.

Sources revealed that the Inspector General of Police (IGP) ordered the withdrawal of all security operatives attached to Meranda, leaving her exposed in the midst of an intensifying power struggle.

The Speaker’s Special Adviser on Information, Mr. Victor Ganzallo, expressed concern over the security vacuum created by the withdrawal of personnel.

“In the early hours of Thursday, we woke up to the startling news that all security details assigned to Madam Speaker, Mojisola Meranda, had been withdrawn.

This includes the police and DSS officers, leaving her exposed to threats amid the ongoing speakership crisis,” Ganzallo stated.

He further called on Governor Babajide Sanwo-Olu, as the State’s Chief Security Officer, to intervene urgently to prevent a complete breakdown of law and order within the Assembly.

“The withdrawal of security personnel has left the Assembly naked and vulnerable at a critical time. Urgent action is needed to restore order,” he pleaded.

With the speakership battle taking a dramatic new turn, political watchers are keenly observing how the crisis will unfold in the coming days.

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