The Economic and Financial Crimes Commission has held a former President of the Nigerian Senate, Bukola Saraki, in its custody over allegations of theft and cash laundering.
SaharaReporters learnt that Saraki was arrested on Saturday and was being interrogated on the Abuja workplace of the EFCC.
“Yes, Saraki has been arrested. He is going to be released later tonight and ordered to return again tomorrow. He is being interrogated at the Abuja office,” an authoritative supply instructed SaharaReporters.
As Senate president between 2015 and 2019, Mr Saraki spent a substantial time going through allegations of corruption and false declaration of belongings. He was acquitted by the Supreme Court in June 2018.
However, in his new case with the EFCC, Saraki is to reply questions over alleged theft and laundering of public funds utilizing a community of cronies and proxy corporations.
The suspected proxies, who executed purported contracts for Kwara State below Saraki, allegedly made returns, for a few years, to the previous governor, forming an organised community of soiled cash stream.
The funds concerned have been enormous, working into a whole lot of hundreds of thousands in naira and a whole lot of hundreds in foreign currency at varied occasions, sources mentioned.
Anti-graft investigators have obtained a listing of the proxy corporations concerned and analysed a sample of suspicious transactions between them and Saraki.
One of them has been reportedly liable for funding Saraki’s life-style, together with paying over N100million to settle the payments for hire and renovation of Saraki’s Maitama residence.