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Tuesday, March 11, 2025

N12 Million Saga: Investigate Saraki for Money Laundering

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Press Statement

saraki (1)

We have waited for umpteenth time thinking the Economic and Financial
Crimes Commission and other anti-corruption agencies in the country
would do the needful.

We are not only suprised that the Senate President, Senator Bukola
Saraki haven admitted that the sum of N12 million was stolen from his
house is still walking around as freeman without undergoing
investigation.

We found the statement credited to the spokesman for the Senate
President, Mr. Yusuph Olaniyonu claiming that the stolen N12 million
was not public funds but a cash belonging to Mr. Saraki as illogical
and open display of incompetence.

For Mr. Olaniyonu to ask whether Mr. Saraki was a poor man before 2003
that he could no longer hold any money is not the answer we demand.

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The question is whether Mr. Saraki as the number three citizen of the
country infriged on Section 1 of the Money Laundering Act 2011 as
amended. The section says, it is a criminal offence for anybody to
accept or make cash payment of a sum exceeding N5 million except
through financial institutions.

Therefore, we make bold to ask what was Mr. Saraki doing with N12
million in his house?

Since Mr. Olaniyonu claimed the stolen N12 million was not public
funds, we dare ask him and his boss to tell Nigerians where is the
source of the money?

Finally, as a responsible Civil Society Organisation, we call on the
Economic and Financial Crimes Commission and other anti-corruption
agencies in Nigeria to start investigating Mr. Saraki for money
laundering and other related offences.

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Signed:

Mr. Brown Justice,

Convener, New Mandate Movement

Email: brownjustice649@gmail.com

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