Toyin Saraki grilled by SFU. Released on bail

Date: 2012-05-22

Impeccable sources within the Special Fraud Unit (SFU) has hinted that former Governor of Kwara State, Dr. Bukola Sraki, would soon be charged to court for his involvement in a N9.7bn loan scam involving former InterContinental Bank. Also yesterday, his wife, Toyin, was grilled and later released on bail by men of the anti-fraud unit of the police in its Lagos office. Saraki has been under investigation since about two months ago in connection with a controversial loan waiver of N9.7bn granted some companies promoted by him, by Intercontinental Bank, while his wife, a director in one of the companies, was being investigated for her involvement in financial deals that has now gone awry.

National Mirror sighted, Toyin, who came into the Miverton Office of the police unit around noon yesterday together with her lawyer, Chief Wole Olanipekun, SAN, urging a lady officer of the unit around 4.20 pm in the ante office of the Commissioner of Police in charge of the unit, to speed up her bail processes.

She finally left the unit's office around 4.45 pm in company of her lawyer and a friend, who was clad in an all-white attire.

Police sources said the amount granted Saraki and his companies represented about 82 percent of the N11.97bn indebtedness granted some companies in February, 2010 by the board of the now defunct Intercontinental Bank Plc under the management of Mahmood Lai Alabi, then the managing director and chief executive officer of the bank.

Police sources have confirmed that the companies that jointly incurred this indebtedness were Joy Petroleum Limited, Skyview Properties Ltd, Dice Trade, and Limkers Nigeria Ltd.

Source

 

Cloud Tag: What's trending

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

Chief Imam Of Lafiagi     NURTW     Ayobola Ipinlaiye     Gabriel Fashanu     Oba Abdulrahim     Abdulmajeed Wahab     Oba-Solagberu     Abdulkadri Ahmad Alaiye     Amusement Park     Baba Adini Of Kwara State     Amule Elementary School     Nigerian Correctional Service     Yahaya A Paniyaro     Bio Ibrahim     Pakata     Muslim Media Watch Group Of Nigeria     Sulyman Abdulkareem     Alore     Saka Onimago     Ekweremadu     Isau     Alanamu     Ethical College     Florence Saraki     NNPP     Apado     Ademola Kiyesola     Shonga Farm Project     HYPPADEC     Aliyu Muyideen     Abdulwahab Olarewaju Issa     Awili Pedro     Ibrahim Akaje     Ubandawaki     Abdulmutalib Shittu     Muslimah Entrepreneurship Forum     Yahaya Seriki Gambari     Neuropsychiatric Hospital     Mahmud Durosinlohun Atiku     Durbar Festival     Akande Idowu Ayoola Muhammed     SGBN     Tunji Folami     Kwara State Internal Revenue Service     Chartered Institute Of Personnel Management Of Nigeria     Alumni Association Of The Federal Polytechnic Offa     Fatimah Abdulkadir     Bamidele Adegoke     Ubandoma Of Ilorin     Kunle Okeowo     Hijaab     Sabi     Saka Balikis Kehinde     Samuel Elizabeth Keatswa     Olabimpe Olani     GAMA     Pategi     Naira Redesign     Ahmed Shuaib Buranga     Sai Kayi     CELF     Kale Belgore     Oro Grammar School     Www.Kwarareports.com     07039448763     Omu Aran     Agbarigidoma     Gambari     Hameed Oladipupo Ali     Ayinde Oki     Yusuf Mubarak     Yeketi     Imam Gambari     High Court     Saad Omo\'ya     Abdulganiyu AbdulAzeez     Sa\'adu Gambari    

Cloud Tag: What's trending

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

Taofeek Sanusi     Kale Kawu     Wahab Egbewole     Saka Aleshinloye     Yusuf Abdulraheem     Usman Rifun     Chemiroy Nigeria Limited     Amosa     Abdulraufu Mustapha     Federal Road Maintenance Agency     Mashood Dauda     Okin Biscuit     T And K FOODS     Oya State     Yaman     Transition Implementation Committee     Ilorin     Police Commissioner     Ayodele Olaosebikan     Okanlawon Taiwo     Sidikat Akaje     Noah Yusuf     Moremi High School     Muhammed Akanbi     Saliu Oluwole     A.O. Belgore     Frootify     Owode Market     Mufutau Gbadamosi Esuwoye     Arinola Fatimoh Lawal     Aliyu Sabi     Buari Edun     Modibo Kawu     Ayoade Akinnibosun     Afin Descendants Union Of Odo-Owa     Abubakar Abdullahi Bata     Kayode Ishola     Shehu Adaramaja     Ahman Patigi     Maigida Soludero Transit     Aliyu Olatunji Ajanaku     Christopher Odetunde     Kazeem Adekanye     Jumoke Monsura Gafar     Abdulrazaq Magaji     Ndama Al-hassan     Sabi     A.E. Afolabi     Ibikunle Ogunleye     IQRA College     Baakini     Laduba     Ishaq Oloyede     Timothy Olatunde Fadipe     Kwara Basketball Association     Tosho Yaqub     Adaramaja     Tunde Saad     Femi Oladiji     Muslimah Entrepreneurship Forum     Hassan Saliu     CUTI     Seed Technologies     Bayer Nigeria Limited     Sulyman Buhari     Valsolar     Mohammed Saidu     Ganmo Electricity Sub-Station     Adanla-Irese     Ridwan Agboola     College Of Arabic And Islamic Legal Studies     Yusuf AbdulRasheed     Ita-Nmo Market     Balogun Ajikobi     Council Of The Wise     Yusuf Badmus     S.O. Opowoye