SFU to quiz Saraki today
Former Kwara State Governor Bukola Saraki is expected at the Special Fraud Unit of the Nigeria Police in Lagos on Monday (today) following allegations of an N11bn loan scam preferred against him.
Saraki was invited by the SFU to appear before the unit on Friday but pleaded for an extension of time till Monday on the grounds that he had to attend a funeral of a relation.
In a statement by the spokesperson for the SFU, Ngozi Isintume, a group of companies - Joy Petroleum Limited, Skyview Properties Ltd, Dicetrade, and Limkers Nigeria Ltd - were given loans by the bank under the management of Mr. Erastus Akingbola.
The said loans were allegedly promoted by Saraki between 2004 and 2009 when he was a governor.
The SFU noted that the loans/facilities were used to purchase shares of blue chip companies and choice landed properties in Lagos and Abuja, some of which were used to secure the loans.
However, Akingbola's successor after a shake up by the Central Bank of Nigeria, Mr. Mahmood Alabi, allegedly granted a waiver of N9.97bn, representing about 82 per cent of N11.97bn indebtedness.
Also, the landed properties worth billions of naira used to secure the loans were curiously released after payment of only N2.3bn out of the N11.97bn jointly owed the bank by the companies.
Last week, Alabi was arrested by the SFU and interrogated but was subsequently released on bail.
The Commissioner of Police, SFU, Mr. Tunde Ogunsakin, told our correspondent on the telephone on Sunday that Saraki had promised to report on Monday.
"We are expecting Saraki on Monday (today)," he said.
Ogunsakin, however, denied reports that the current Kwara State governor, Mr. Abdulfatai Ahmed, who was Commissioner for Finance when Saraki obtained the loans, would be invited to the SFU.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Idris Amosa Saidu Lanwa Kwara Yoonus Kola Olatinwo Odo-Owa Sadiq Umar Khadijat Ayoola Yusuf Muhammad-Mustapha Suleiman Aliyu Salihu Solomon Edojah Olayinka Oladapo Jogunola Abdulraheem Yusuf Sola Saraki Educational Foundation NURTW Abdulazeez Arowona Aisha Gobir Moses Salami Olawuyi Abdulraheem Olesin Yusuf Lanre Badmus Ajia-Bako Oye Tinuoye Binta Abubakar-Mora Ayekale Ibrahim Mohammed Tsaragi/Share Wale Oladepo Salihu Ajia Bello Taoheed Abubakar AbdulGaniyu Kareem Umaru Saro Dapo Teni Nig Enterprise All Confederation Of Principals Of Secondary Schools Adanla-Irese Imodoye Writer’s Enclave Eleja Oyun Ola Falade Ilorin Emirate Stakeholders Forum Yinka Aluko Baba-Isale Medview Airlines Shao Elerin Of Adanla Irese Ilorin South Constituency Bashiru Makama Shade Omoniyi Bature Bello Peter Obi Col. Ibrahim Taiwo Kwara State Coalition Of Business And Professional Associations Abdulwahab Ololele Rasaq Jimoh Joseph Bamigboye Falokun-Oja Village Alive Development Association Kwara United Raheem Adaramaja Dairo Kunle Paul Dogara Mohammed Yahaya Barki Garment Factory Oro Grammar School Old Students Association Convocation Ceremonies Balogun-Ojomu Nigeria Association Of Women Journalists Saad Omo Iya Siddiq Adebayo Idowu Salawu Abdul Jimoh Mohammed Musa Abdullahi Micheal Imodu-Ganmo Road Abdullahi Atanda Omotoso Tunde Yusuf Apado Solomon Edoja Aisha Ahman Pategi

