Saraki on the Run as FG Orders Arrest

by on September 18, 2015

By Kayode Sesan

The Federal Ministry of Justice on Friday asked the Code of Conduct Tribunal to issue bench warrant for the arrest of the Senate President, Bukola Saraki.

According to media reports, Mr. M.S Hassan, a deputy director in the office of the Attorney General of the Federation, applied for the warrant of arrest, following the Senate President’s refusal to appear before the tribunal on Thursday.

The Code of Conduct Bureau has filed a 13- count corruption charge against Saraki for failing to properly declare his assets.

In a similar development, Kennedy Izuagbe, a former director of the defunct Societe Generale Bank Nigeria Plc and managing director of Carlisle Properties and Investment Limited, a company allegedly owned by Senate President, Bukola Saraki, has been declared wanted by the Economic and Financial Crimes Commission, EFCC.

The Saraki family also held majority shares in Societe-Generale bank which went under due to bad management.

Izuagbe, 45, who is being investigated in a case of conspiracy and money laundering to the tune of over N3.6 billion, has gone into hiding and all efforts to reach him have proved abortive, the EFCC said in a statement by spokesman, Mr. Wilson Uwajaren, adding that Izuagbe is linked to the several shady deals and gross financial misconducts that took place in the bank, in which several millions of naira were granted as loan without due diligence.

The suspect, who is believed to have fled the country, is a native of Iviukhua village, near Agenebode, Etsako East Local Government Area of Edo State.

The whereabouts of the Senate President, Bukola Saraki are unknown as at the time of filing this report. Informed security sources who spoke to BREAKING TIMES on Friday disclosed that relevant security agents have been put on notice to effect the arrest of Nigeria’s number 3 citizen.

Leave a reply »


Leave a Response