Court orders Saraki's arrest as EFCC declares his firm MD wanted

Following his refusal to appear before the Code of Conduct Tribunal,Justice Danladi Umar of the Code of Conduct Tribunal has ordered that a bench warrant should be issued on the Senate President, Dr. Bukola Saraki.

He is to answer charges bordering on assets declaration.Security agencies have been ordered to effect his arrest  by Monday! Meanwhile,the Economic and Financial Crimes Commission have declared wanted the man managing Senate President Bukola Saraki’s property company, Mr. Kennedy Izuagbe, for alleged N3.6bn money laundering.He is said to be on the run.

Some allegations contained in the suit filed at the CCT against Saraki include:

alleged failure to declare property on Plot 2A, Glover Road, Ikoyi, Lagos; failure to declare property on No. 1, Tagus Street, Maitama, Abuja (Plot 2482, Cadastral Zone A06, Abuja) and failure to declare property No.3, Tagus Street, Maitama, Abuja (Plot 2481, Cadastral Properties Limited).

Claiming to own property on No 42 Gerard Road, Ikoyi and earning N110, 000,000.00 per annum at a time the said property was under construction; failure to declare N375m GTB loan converted to 1.5m Pound Sterling and used to purchase property in London; operating a foreign bank account; transfer of $3.4m from GTB to foreign bank account during his tenure as governor and failure to declare leasehold interest in No. 42, Remi Fani-Kayode Street, Ikeja.

Code of Conduct Tribunal sitting today