Police declare Bukola Saraki wanted over N21billion loan scam

Date: 2012-04-28

The police say they are fed up with the senator's antics, and have therefore prepared to take him in with "maximum force"

The police in Lagos, Saturday evening, declared Bukola Saraki, the former governor of Kwara state wanted in connection with a N21 billion loan scam.
To legalize the action, the police sought and secured a court order to arrest him on Friday.

This brings to sharp contrast Mr Saraki's prank last Tuesday when he lied that he had a court order restraining the police from investigating and arresting him.

Detectives from the special fraud unit of the Nigerian police, on Friday, told Premium Times they were running out of patience with the lawmaker and  considering use of "maximum force" to bring in Mr Saraki for questioning over the loan scam.

They said Mr Saraki appeared to be abusing his position to elude police invitation.

Over the past two weeks, the former governor, now a senator, has consistently played hide and seek with the police, evading invitation to answer questions in the investigation of the loan scam in which police say he is a key actor in - a crime the police say was committed during his time as governor of Kwara state.

Police believes Mr. Saraki illicitly obtained the loan from the defunctIntercontinental bank plc through a proxy company, Joy Petroleum, owned by his late aide, Matthew Obahor.

"SFU may not hesitate to apply maximum force to bring him (Mr Saraki) in for questioning," Joy Isinume, the special force's spokesperson told Premium Times.
Saraki, through his counsels Saka Isiaku and Lawal Rabana, had filed a suit seeking to restrain the police from arresting him but Justice Gladys Olotu ruled against him, siding with the reasoning of the police counsel, Femi Falana, that regardless of Mr Saraki's rights to liberty, the police has the power to arrest, investigate, and prosecute him upon reasonable suspicion that he has committed a criminal offense.

In press statements, Mr Saraki had repeatedly claimed he had no hand in the said scam and that he had no relationship with the company, Joy Petroleum, used to move the money in contention.

Mr Saraki also argues that he has been over-investigated in the case.

The police, however, insist that records point in the direction of Mr Saraki as a key character in the scam.

The police say they are after Mr Saraki to solve the puzzles in the case, particularly, for the revelations from Joy Petroleum's account which has credit transfers made at time the sole operator of the account, Mr Obahor, a former aide of Mr. Saraki was long deceased.

The police also seeks to understand how a debt of N9.7 billion was dramatically written off the same account that in turn was closed by one Abdul Adamu, who they found out to be an aide of Mr Saraki.

While Mr. Saraki consistently claims he holds no relationship with Joy Petroleum, the police say one of the puzzles he will resolve when in their custody is how the head office of the company on No. 30 Saka Tinubu street, Victoria Island, Lagos belongs to Mr Saraki.

Among other puzzles the police say Mr Saraki will be grilled for is why the names in the bank documentations for the loan included his wife's, Toyin Saraki, and his former commissioner of Finance and current governor of Kwara state, Abdufattah Ahmed.

Mr. Saraki apologists claim he is a victim of state persecution on account of his alleged stance against the removal of fuel subsidy and his presumed ambition to contest for presidency in 2015.

His appologists, however, say nothing of his role in the loan scam and the alleged criminal implications of his role.

Source

 

Cloud Tag: What's trending

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

Shuaibu Yaman Abdullahi     Raimi Iyanda     Wahab Olasupo Egbewole     Towobola Abdulrahman Toyin     Ahmad Belgore     Afolasade Opeyemi Kemi     Tunji Oyawoye     Ejidongari     Aisha Ahman-Pategi     General Tunde Idiagbon International Airport Ilorin     Olaiya Zuberu     Yoonus Kola Olatinwo     Binta Abubakar Mora     Ambassador Kayode Laro     Binta Sulyman     CCT     Lawal Olohungbebe     Public Holiday     Fareedah Dankaka     Lukman Oyebanji Fagbemi     Olatinwo     Abdullah Janet Amudat     Oba Abdulrahim     International Public Sector Accounting Standards     Offorjama     Samari     Egbejila     Trader Moni     Olatunde Jare     Lotus Bank     Suleiman Idris     Ishaq Oloyede     Ahmad Olanrewaju Belgore     Marafan Shonga     Jamila Bio Ibrahim     Hikmah AbdulKareem     Saliu Alamoyo     Akanji     Abdulazeez Arowona     Coronavirus     Democracy Day     Ganmo Electricity Sub-Station     Kupchi Hosea Maxwell     Abdulrazak Shehu Akorede     Abubakar Baba     Afeyin-Olukuta     Kazeem Gbolagade     Umar Sanda Yusuf     Manzuma     ER-KANG Mining Nigeria Company Limited     Babs Iwarere     Nigerian Supreme Council For Islamic Affairs     Mamman Saba Jibril     Kwara Basketball Association     Abdulbaqi Jimoh     Kwara Polytechnic     Oke-Kura     Issa Baba     Elewu     Gbadeyan Gbadura Yomi     Yusuf Abdulkadir     Illyasu Abdullahi     20 Billion Bond     Christopher Ayeni     Peter Amogbonjaye     Saka Saadu     Henry Makinwa     Bisi Kristien     Saka Onimago     Saduki Lafiagi     Abdulwasiu Bolaji Adeyi     Titus Ashaolu     Umaru Saro     Lanre Issa Onilu     Shonga Farm Project     Opaleke Bukola Iyabo     Kawu Baraje    

Cloud Tag: What's trending

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

Musibau Akanji     TVC Female National Debate     Iyeru Grammar School     Malete     Fareedah Dankaka     Ayo Opadokun     Ilesha-Baruba-Gwanara     Junior Secondary School Certificate Examinations     Hameed Oladipupo Ali     T And K FOODS     Abdulmajeed Abdullahi     Gbemisola Saraki     Ganmo     Abdulrazaq Aiyelabegan     Salmon Babatunde Salmon     Yemi Sanni     Lawal Jimoh     KWSUED     Ophthalmological Society Of Nigeria     KWIRS     07039448763     Matthew Babaoye     Adebara     Mohammed Haruna     Suraj Tunji Oyewale     Yusuf Abdulkadir     Muhammad Toyin Sanusi     Emir Of Kano     Doyin Group     Kayode Ogunlowo     Temitope Ogunbanke     Zulkifli Ibraheem     Hussein Olokooba     Hassan A. Saliu     Yahya Mohammed     Baruba     Ibrahim Abiodun     Apaokagi     Femi Oladiji     Sola Saraki Educational Foundation     Babs Iwarere     Awoye     Amule Elementary School     Matthew Okedare     Abdulhakeem Adelaja Amao     Usman Alkali Baba     Olaiya Victor Mobolaji     Ayedun     Quareeb Islamic Association     Illyasu Abdullahi     Ishola Abdullahi     Musa Aibinu     Talaka Parapo     LEAH Charity Foundation     Isiaka AbdulRazaq     Ilorin General Hospital     Khadijat Ayoola Yusuf     Seed Technologies     Ibrahim Oniye     Tanke Road     Shao     Ayobami Akanbi     Afetu Of Alabe     Ayinde Oki     ITP     Mufutau Gbadamosi Esuwoye     Harmony Holdings     Kwara State Sports Commission     Stephen Fasakin     HICA     Olatunji Ibrahim     Aishat Mohammed Lawal     Dele Belgore     Ishaq Salman     Isapa     Amoyo     Sardauna