The Economic and Financial Crimes Commission (EFCC) has arrested former Nigerian Senate President Bukola Saraki over fresh allegations of corruption.
SUNRISE NEWS gathered from sources close to ex-Senate President that he was arrested on Saturday afternoon on charges of theft and money laundering.
He is still in EFCC custody as at this evening.
Between 2015 and 2019, Saraki served as Senate President, during which time he was accused of corruption and false asset declarations. The Supreme Court acquitted him in June 2018.
However, according to source, in his new case with the EFCC, Saraki is expected to answer questions about alleged theft and laundering of public funds through a network of cronies and proxy companies.
The alleged proxies who allegedly carried out purported contracts for Kwara State under Saraki allegedly made returns to the former governor for many years, forming a well-organized network of dirty money flow.
According to sources, the funds involved totaled hundreds of millions of naira and hundreds of thousands of dollars at various times.
It was gathered that the anti-graft investigators obtained a list of the proxy companies involved and analysed a pattern of suspicious transactions between them and Saraki.
According to PREMIUM TIMES ‘investigation based on interviews with people familiar with the property, one of them has been allegedly responsible for funding Mr Saraki’s lifestyle, including paying over a hundred million to settle bills for rent and renovation of Mr Saraki’s Maitama residence.
