Connect with us

Headlines

EFCC Pounces on Saraki, Seizes Houses in Lagos

Published

on

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

 

 

Continue Reading
Advertisement


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

2027: In spite of Court Ruling, Atiku Takes ADC Campaign to Kebbi

Published

on

The African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has pledged to restore fuel subsidy, improve security and create employment if elected president in 2027.

Atiku made the pledge on Thursday during a campaign rally in Kebbi State, where he called on voters to support the ADC, describing it as the only party committed to addressing the three issues.

“The people of Kebbi State, let me ask you a few questions. Do you want the return of subsidy? Do you want security? Do you want employment? Therefore you have no option other than the ADC. ADC is the only political party that is committed to these three objectives and more to bring about prosperity, unity and peace to the people of our country,” he said.

The former Vice President and his running mate also criticised some projects being presented as achievements of the President Bola Tinubu administration, describing them as legacies of the late President Muhammadu Buhari.

Supporters of the ADC gathered at the party’s secretariat in Birnin Kebbi to welcome Atiku and other party chieftains ahead of the rally.

Speaking at the event, the Director-General of the ADC Presidential Campaign Council, Senator Austin Akobundu, commended party faithful for what he described as their resistance to intimidation by the state government.

Akobundu said the 2027 general elections would be a referendum between suffering Nigerians and the Federal Government under President Tinubu.

The ADC National Chairman, in his remarks, described the party as a moving train that no amount of intimidation could stop.

He called on the people of Kebbi State to vote for Atiku as president, Abubakar Malami as governor and other ADC candidates in the 2027 general elections.

The rally ended with the ADC National Chairman formally presenting the party’s flag to Malami as the party’s governorship candidate for the 2027 election.

The campaign in Kebbi came hours after a Federal High Court in Abuja nullified the leadership of the Senator David Mark-led ADC and voided the actions taken by the party’s executives, including the process that produced Atiku as its presidential candidate.

Justice Peter Lifu delivered the judgment in a suit filed by Nafiu Bala Gombe, a former National Deputy Chairman of the party, who challenged the emergence of the Mark-led leadership.

Atiku rejected the ruling, describing it as an attempt to weaken his political support and frustrate his campaign. He said he would challenge the judgment at the Court of Appeal.

The ADC also rejected the decision, accusing the ruling All Progressives Congress (APC) of attempting to cripple the opposition and vowing to challenge the judgment through all available judicial processes.

Continue Reading

Headlines

Atiku Condemns Judgment Nullifying Mark’s ADC Leadership, Says the Panic is Real

Published

on

The Presidential Candidate of the African Democratic Congress (ADC), Atiku Abubakar, has condemned Thursday’s court judgment purporting to remove Senator David Mark’s leadership of the party, describing it as a calculated attempt to weaken the ADC and frustrate his candidacy.

In a statement issued by Phrank Shaibu, Director of Strategic Communication of the ADC Presidential Campaign Council, Atiku said the timing of the judgment was telling. It came barely a day after a mammoth crowd turned out in Sokoto to welcome him and attend the launch of the ADC campaign.

“The people of Sokoto came out in their thousands because they are hungry for change and believe in our promise to make life affordable again. What we witnessed in Sokoto is only the beginning. The people of Kebbi will have their say, and so will Nigerians across the country as our campaign moves forward.

“My roots are in Northern Nigeria, but my candidacy belongs to all Nigerians. There is a difference between being from the North and being a candidate only for the North. Hunger and hardship do not respect regional boundaries. Nigerians across the country are suffering under this government, and they deserve a leader with a credible plan to make life affordable again.

“The timing of this judgment is no coincidence. It is part of a strategy to weaken my support in the North and frustrate a campaign whose message is resonating across the country. But the ruling party’s greatest miscalculation is to assume that my support ends in the North. What we saw in Sokoto, what we will see in Kebbi and across the country, is the strength of a national movement.”

Atiku said the judgment also raises serious legal concerns.

“Justice Musa Liman of the same Federal High Court had already dismissed the challenge to the David Mark-led leadership in Suit No. FHC/ABJ/CS/1637/2025. The court upheld the defendants’ objections on jurisdiction, standing and the failure to exhaust internal party remedies, and resolved the substantive issues in their favour. Why, after that judgment, was another case filed to reopen the same dispute? This is a calculated attempt to circumvent a subsisting judgment. We will challenge this judicial manoeuvre at the Court of Appeal.”

Atiku urged ADC supporters to remain calm and law-abiding and not to let the judgment weaken the momentum generated in Sokoto. The campaign train is already in Kebbi and will continue across the country.

“Our journey to rescue Nigeria from the hardship imposed by the APC government is a long one. Our Affordable Life campaign will continue because Nigerians deserve relief from this crushing cost-of-living crisis. We urge our supporters to remain resolute, take our message from house to house and door to door, and stay peaceful and focused. There is no shaking.”

Continue Reading

Headlines

Tinubu Seeks Senate Approval for $7.7bn External Borrowing

Published

on

President Bola Tinubu has requested the Senate to approve the implementation of an external borrowing plan of $7.7 billion.

At an exchange rate of N1,400 to the dollar, the money amounts to about N10.79 trillion

The President said the funds are to part-finance the N20.2 trillion budget deficit.

The new request, according to the Senate President, replaces the $20.52 billion loan request presented last week.

The request has been referred to the Committee on Local and Foreign Debts for further legislative action.

Continue Reading