SARAKI FACES MASSIVE FRAUD CHARGES…AS EFCC GRILLS HIM TODAY AGAIN
Senator Bukola Saraki who returns to the EFCC today to face further grilling over some alleged fraudulent transactions involving defunct and family-owned Societe Generale Bank of Nigeria (SGBN), is having tons of massive fraud charges hanging on his neck.
Saraki, a former Kwara state Governor, was a guest of the EFCC Monday for several hours, but was released on administrative bail and asked to return Tuesday.
The former governor maintained that he had no cause to be invited, since the issues had been investigated by the agency over the years.
It will be recalled that the commission had, last week, vowed to take all necessary measures to arrest and bring Saraki to justice over his tenure as governor and at the former bank.
The commission was apparently irked when the former governor denied receiving an invitation dated July 25, sent through the Clerk of the National Assembly, for him to appear before it.
EFCC vowed last Friday to take necessary steps to arrest and try him for several fraud-related cases.
EFCC, apparently peeved by the refusal of Saraki to honour its invitation, said that it would use all legitimate means to compel the Senator
The former Nigeria Governors’ Forum chairman allegedly laundered billions of Naira belonging to Inter Continental Bank of Nigeria Plc (now Access Bank).
Saraki also allegedly used fronts like Sintex Ltd, Skyview Properties Ltd, Asam Oil, Quality Packing Ltd, Bastone Ltd, Madison Properties Ltd,
Airline catering Services to launder billions of Naira
The monies, which were given out as loans, were later written off as bad debts.
EFCC investigators looking into Saraki’s fraud also noted that he laundered several billions of Naira that were deducted from
local government allocations to Kwara State over eight years.
It was also discovered that the Kwara State government has been paying N100 million monthly to the former governor as “pension” is
being frustrated by the First City Merchant bank (FCMB), where the fraud was detected