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Monday, 7 November 2016

How Saraki Lied About His Acquired Property in Lagos – Witness Tells CCT

A witness in the trial of the Senate President, Bukola Saraki, at the Code of Conduct Tribunal, CCT, for alleged false declaration of assets, said Saraki borrowed money to buy a piece of property in Lagos, but claimed the money was from the sale of rice and sugar.
The witness, Michael Wetkas, a detective of the Economic and Financial Crimes Commission, EFCC, made the claim on Monday, November 7, at the resumption of the trial.

Wetkas, while being cross-examined by Saraki’s lawyer, Paul Usoro, on counts two and three of the 16-count charge of false asset declaration against the senate president at the CCT, said the defendant borrowed the money from Guaranty Trust Bank (GTB).

Acknowledging the charge which read in part: “You (Saraki) falsely declared a property at 17 A and B Ikoyi, Lagos, which you said you bought from the proceeds of rice and sugar whereas it was a loan from Guaranty Trust Bank (GTB),” Wetkas insisted that it was‎ valid.

The EFCC detective said Saraki bought the property in 2006 from a loan of N400m from GTB, but that he allegedly did not declare it in 2011 at the end of his eighth term as governor of Kwara state.

‎Saraki had made several attempts to halt his trial at the CCT, but he failed at every turn.

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