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Kwara State Governor, Bukola Saraki declares he owns asset worth $2 billion [N250 billion]

March 1, 2007

70 BOURNE STREET, LONDON (Bukola Saraki's 4.5 million Pounds house in London bought in 2002 shortly before the collapse of SGBN) Saharareporters, New York

While the EFCC has so far excluded the name of Governor Bukola Saraki of Kwara State from the list of corrupt persons barred from public office, Saharareporters has received, exclusively, a copy of Governor Bukola Saraki’s Code of Conduct Bureau asset declaration filings which indicated that the former Executive Vice Chairman of the defunct Societe Generale Bank of Nigeria (SGBN) might be one of  the state governors with the largest amount of assets within and outside Nigeria, putting him in the same category as James Ibori of Delta State, Lucky Igbinedion of Edo State, Peter Odili of Rivers State and Governor Saminu Turakin of Jigawa State.

In the CCB filings, the young governor declared that he owned properties in the UK worth 2.9 million pounds and in the US worth $4 million respectively, his assets as declared in the assets declaration forms obtained by Saharareporters are worth $2 billion.

In a particular instance, the governor recorded that he owned a Lagos based property that fetches him N96 million per annum, even though the said property was an uncompleted building.

It will be recalled that since the demise of the Societe Generale Bank of Nigeria the EFCC has promised to bring the Saraki’s to justice for looting investors funds in the bank, funds worth several billions of dollars including life savings of international soccer star, Austin Jay Jay Okocha were looted at the SGBN by the Saraki dynasty, but nothing has so far been done to bring the younger Bukola Saraki to book for the financial crimes committed in the defunct bank.

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