Site icon Nairametrics

Ex- Senate President, Bukola Saraki reportedly arrested by the EFCC

Senate finally releases details of National Assembly’s 2018 budget

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 the Saraki was detained by the EFCC.

They 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.”

News continues after this ad

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.

This is a developing story…

Exit mobile version