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EFCC grills Saraki over alleged fund misappropriation
Reports say Nigeria’s former Senate President and the former Governor of Kwara State, Bukola Saraki has been arrested by the Economic and Financial Crimes Commission over allegations of theft and money laundering.
This was disclosed in an exclusive report by Premium Times on Saturday afternoon. The report claimed that Saraki was detained by the EFCC.
It said Mr Saraki is to answer questions over alleged theft and laundering of public funds using a network of cronies and proxy companies.
“The suspected proxies, who executed purported contracts for Kwara State under Mr Saraki, allegedly made returns, for many years, to the former governor, forming an organised network of dirty money flow.”
READ ALSO: Saraki is blocking us from probing him, EFCC tells the court
The report added that funds involved in the alleged transactions run into hundreds of millions in naira and thousands in foreign currencies, citing that some of the proxy companies have been used to finance the ex-Senate President and even renovate an Abuja home.
Saraki has been having a running battle with the EFCC over alleged misappropriation of funds during his tenure as governor of Kwara State.
He had faced allegations of corruption and false declaration of assets during his tenure as Senate President. He was acquitted by the Supreme Court in June 2018.
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