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BREAKING:Real Reason EFCC Is Investigating Saraki – Sagay


The Chairman of the Presidential Advisory Committee Against Corruption (PACAC), Prof Itse Sagay, has said the EFCC was investigating Senate President Bukola Saraki for alleged acquisition of properties by fraudulent means and not false declaration of assets.

EFCC had last week sealed off some properties belonging to Saraki located in Ikoyi, Lagos State while investigations the period he was governor of Kwara State from 2003 to 2011.

Reacting, Saraki described the action of the anti-graft agency as a witch-hunt, claiming that the property in question had been investigated by the commission several times in the past.

Speaking with Independent, Sagay said: “The investigation is not over. The earlier one was the issue of false declaration of assets. What they are doing now is acquiring properties by fraudulent means and syphoning money from the state.

“So, it is a totally different charge. Although he was cleared up to the Supreme Court on the issue of declaration of false assets, this one is different.

“That the court declared that a case is not proved does not mean that there is no guilt. So, this is a second approach, which permits the agency to actually have the property forfeited without proving guilt.

“All he has to do is to go through the first process of temporary forfeiture and then, the owner of the property (in this case, Saraki) will be invited by the court through an order to come and justify how he acquired the property, usually by affidavit.

“So, the two parties will come and if he cannot establish satisfactorily to the court that he earned the money by which he acquired the property, then he will lose it to the Federal Government.”


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