BETWEEN
THE FEDERAL REPUBLIC OF NIGERIA
AND
1. DR. OLUSOLA SARAKI )
2. ROBERT MBONU )
3. HAFIZ BAKARE )
4. TOYIN IDOWU )
5. G. A. OYENOLA ) ACCUSED PERSONS
6. YINKA FAGBEMI )
7. KENNEDY IZUAGBE )
8. DELE ILUYOMADE )
9. NOAH OLOPOENIA )
10. LANA HAASTRUP )
CHARGE
Count 1
That you Dr. OLUSOLA SARAKI while being Director of Societe Generale Bank Nig. Plc between 2002 and 2003 at Lagos the Lagos Judicial Division of the Federal High Court and having personal interest in the grant of a loan facility accounting to N210,000,000.00 (Two Hundred and Ten Million Naira) granted by the Societe Generale Bank Nig. Plc to People’s Democratic Party (PDP) Kwara State Chapter failed in your duty to declare the nature of your said interest to the Board of Directors of the said Societe Generale Bank Nig. Plc and you thereby committed an offence punishable under Section 18(11) of the Banks and Other Financial Institutions Act Cap B3 Laws of the Federation of Nigeria 2004.
Count 2
That you ROBERT MBONU while being a Managing Director of Societe Generale Bank Plc between 2002 and 2003 at Logos in the Lagos Judicial Division of the Federal High Court granted an unsecured loan amounting to N210,000,000.00 (Two Hundred and Ten Million Naira) to People’s Democratic Party (PDP) Kwara State Chapter in contravention of the bank’s rules and regulations governing same and you thereby committed an offence punishable under Section 18(2) of Banks and Other Financial Institutions Act Cap B3 Laws of the Federation of Nigeria 2004
Count 3
That you DR.OLUSOLA SARAKI while being a Director of General Bank Nig. Plc between 2002 and 2003 at Lagos in the Lagos Judicial Division of the Federal High Court recklessly approved the grant of loan in the sum of N210,000,000.00 (Two Hundred and Ten Million Naira) to the Peoples Democratic Party (PDP), Kwara State Chapter with no collateral in contravention of the bank’s regulation and thereby committed an offence punishable under section 16(1)(a) of the Failed Bank (Recovery of Debts) and Financial Malpractices in Banks Act Cap F2 Laws of the Federation of Nigeria 2004
Count 4
That you DR.OLUSOLA SARAKI while being a Director of Societe Generale Bank Nig. Plc between 2002 and 2003 at Lagos in the Judicial Division of the Federal High Court recklessly connected with the grant of a loan in the sum of N210,000,000.00 (Two Hundred and Ten Million Naira) to the Peoples Democratic Party (PDP). Kwara State Chapter with no security in contravention of the law being in force at the time and thereby committed an offence punishable under Section 16 (1)(a) of the Failed Bank (Recovery of Debts) and Financial Malpractices in Banks Act Cap F2 Laws of the Federation of Nigeria 2004
Count 5
That you DR.OLUSOLA SARAKI while being a Director of Societe Generale Bank Nig. Plc between 2002 and 2003 at Lagos in the Lagos Judicial Division of the Federal High Court negligently connected with approval of a loan in the sum of N210,000,000.00 (Two Hundred and Ten Million Naira) to the Peoples Democratic Party (PDP), Kwara State Chapter with no security in contravention of the law being in force at the time and thereby committed an offence punishable under Section 16 (1)(a) of the Failed Bank (Recovery o f Debts) and Financial Malpractices in Bank Act Cap F2 Laws of the Federation of Nigeria 2004.
Count 6
That you DR. OLUSOLA SARAKI while being a Director of Societe Generale Bank Nig. Plc between 2002 and 2003 at Lagos in the Lagos Judicial Division of the Federal High Court and having personal interest in the grant of a loan facility amounting to N40,000,000.00 (Forty Million Naira) grated by the Societe Generale Bank Nig. Plc to People’s Democratic Party (PDP), Kwara State Chapter failed in your duty to declare the nature of your said interest to the Board of Directors of the said Societe Generale Bank Nig. Plc and you thereby committed an offence punishable under Section 18(11) of the Banks and Other Financial Institutions Act Cap B3 Laws of the Federation of Nigeria 2004.
Count 7
That you DR. OLUSOLA SARAKI while being a Director of Societe General Bank Nig. Plc between 2002 and 2003 at Lagos in the Lagos Judicial Division of the Federal High Court negligently connected with the approval of a loan in the sum of N40,000,000.00 (Forty Million Naira) to the Peoples Democratic Party (PDP) Kwara State Chapter with no security in contravention of the law being in force at the time and thereby committed an offence punishable under Section 16(1)(a) of the Failed Bank (Recovery of Debts) and Financial Malpractices in Banks Act Cap F2 Laws of the Federation of Nigeria 2004.
Count 8
That you ROBERT MBONU while being a Managing Director of Societe Generale Bank Nig. Plc between 2002 and 2003 at Lagos in the Lagos Judicial Division of the Federal high Court granted an unsecured loan amounting to N40,000,000.00 (Forty Million Naira) to People’s Democratic Party (PDP). Kwara State Chapter in the contravention of the bank’s rules and regulations governing the same and you thereby committed an offence punishable under Section 18(2) of Banks and Other Financial Institutions Act Cap B3 Laws of the Federation of Nigeria 2004
Count 9
That you DR. OLUSOLA SARAKI of …………………………Cameroon Road, Ikoyi, Lagos between 2002 and 2003 at Lagos in the Lagos Judicial Division of the Federal High Court did Transfer funds totaling $35,000,000.00 (Thirty Five Million US Dollars) from London to Nigeria without reporting the said transfer to the Central Bank of and thereby committed an offence punishable under Section 15(2) (a) of the Money Laundering Act, Cap. M18 Laws of the Federation of Nigeria 2004.
Count 10
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank Nig. Plc between 2002 and 2003 at Lagos in the Lagos Judicial Division of the Federal High Court failed to take all reasonable steps to ensure that proper books f account are kept for the Bank and thereby committed an offence punishable under section 24(5) of the Banks and Other Financial Institutions Act Cap B3 Laws of the Federation of Nigeria 2004
Count 11
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank Nig. Plc on or about July 22nd 2003 at Lagos in the Lagos Judicial Division of the Federal High Court did not take all reasonable steps to secure the correctness of the management account submitted by the said bank to the Central Bank of Nigeria and thereby committed an offence punishable under section 50(b) of the Banks and Other Financial Institutions Act Cap B3 Laws of the Federation of Nigeria 2004
Count 12
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank Nig. Plc on or about 7th April, 2003 at Lagos in the Lagos Judicial Division of the Federal High Court without prior written approval of the Central Bank of Nigeria permitted to be outstanding, an unsecured loan of an aggregate amount in excess of N50,000,000.00 to wit: the sum of N25,000,000.00 (Twenty five Million Naira) to T. A. N. Salami, a Director of Societe Generale Bank Nig. Plc and thereby committed an offence punishable under Section 20(7) of the Banks and Other Financial Institutions Act Cap B3 Laws of the Federation of Nigeria 2004
Count 13
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank Nig. Plc about 30th July, 199 at Lagos in the Lagos Judicial Division of the Federal High Court without the prior written approval of the Central Bank of Nigeria permitted to be outstanding an unsecured loan of an aggregate amount in excess of N50,000.00 to Wit: the sum of N16,400,000.00 (Sixteen Million, Four Hundred Thousand Naira) to Iluyomade J. B. an officer of Societe Generale Bank Nig Plc and thereby committed an offence punishable under Section 20(7) of the Banks and Other Financial Institutions Act Cap B3 Laws of the Federation of Nigeria 2004
Count 14
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank Nig. Plc on or about August, 1999 at Lagos in the Lagos Judicial Division of the Federal High Court without the prior written approval of the Central Bank of Nigeria permitted to be outstanding an unsecured loan of an aggregate amount in excess of N50,000.00 to wit: the sum of N6,611,11.12 (Six Million, Six Hundred and Eleven Thousand, One Hundred and Eleven Naira, Twelve Kobo) to Oyenuga P. A. an officer of Societe Generale Bank Nig. Plc and thereby committed an offence punishable under Section 20 (7) of the Banks and Other Financial Institutions Act Cap B3 Laws of the Federation of Nigeria 2004.
Count 15
That you DR.OLUSOLA SARAKI while being a Director of Societe Generale Bank Nig. Plc on or about 31st December, 1999 at Lagos in the Lagos Judicial Division of the Federal High Court recklessly connected with the grant of a loan in the sum of N52,080,342.27 (Fifty Two Million, Eighty Thousand, Three Hundred and Forty Two Thousand, Twenty Seven Kobo) to one Arovuelen Mercy with no security in contravention of the law being in force at the time and thereby committed an offence punishable under Section 16(1)(a) of the Failed Bank (Recovery Debts) and Financial malpractices in Banks Act Cap F2 Laws of the Federation of Nigeria 2004.
Count 16
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank
The Aborted Trial of the Sarakis and Looters of SGBN- FULL CHARGESLast View on Tue 17th March, 2009
Last Modified on Mon 07th July, 2008 9:10:30 am
Author: Posted By Admin Sahara
Nig. Plc about 28th June, 2000 at Lagos in the Lagos Judicial Division of the Federal High Court recklessly connected with the grant of a loan in the sum of N6,227,603.74 (Six Million two Hundred and Twenty Seven Thousand, Six Hundred and Three Naira, Seventy Four Kobo) to TEKISVIC SERV. LTD. To one TEKISVIC SERV LTD with no security in contravention of the law being in force at the time and thereby committed an offence punishable under Section 16(1) (a) of the Failed Bank (Recovery of Debts) and Financial Malpractices in Banks Act Cap F2 Laws of the Federation of Nigeria 2004
Count 17
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank Nig. Plc on or about 18th March, 2003 at Lagos in the Lagos Judicial Division of the Federal High Court recklessly connected with the grant of a loan in the sum of N160,516,339.90 (One Hundred and Sixty Million, Five Hundred and Sixteen Thousand, Three Hundred and Thirty Nine Naira, Ninety Kobo) to Reynolds Construction (H/O) with no security in contravention f the law being in force at the time and thereby committed an offence punishable under Section 16(1)(a) of the Failed Bank (Recovery of Debts) and Financial Malpractices in Bank Act Cap F2 Laws of the Federation of Nigeria 2004.
Count 18
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank Nig. Plc on or about 8th March, 2003 at Lagos in the Lagos Judicial Division of the Federal High Court recklessly connected with the grant of a loan in the sum of N13,997,769.32 (Thirteen Million, Nine Hundred and Ninety Seven Thousand, Seven Hundred and Sixty Nine Naira, Thirty Two Kobo) to Ankh Nig. Ltd. With no security in contravention of the law being in force at the time and thereby committed an offence punishable under Section 16(1) (a) of the Failed Bank (Recovery of Debts) and Financial Malpractices in Banks Act Cap F2 Laws of the Federation of Nigeria 2004.
Count 19
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank Nig. Plc on or about 26th July, 2000 at Lagos in the Lagos Judicial Division of the Federal High Court recklessly connected with the grant of a loan in the sum of N5,031,162.59 (Five Million, Thirty One Thousand, One Hundred and Sixty Two Naira, Fifty Nine Kobo) to Al-Makura Nig. Ltd. With no security in contravention of the law being in force at the time and thereby committed an offence punishable under Section 16(1)(a) of the Failed Bank (Recovery of Debts) and Financial malpractices in Banks Act Cap F2 Laws of the Federation of Nigeria 2004.
Count 20
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank Nig. Plc on or about 9th august, 2000 at Lagos in the Lagos Judicial Division of the Federal High Court recklessly connected with the grant of a loan in the sum of N5,025,111.15 (Five Million, Twenty Five Thousand, One Hundred and Eleven Naira, Fifteen Kobo) to Selratic Ventures with no security in contravention of the law being in force at the time and thereby committed an offence punishable under Section 16(1)(a) of the Failed Bank (Recovery of Debts) and Financial Malpractices in Banks Act Cap F2 Laws of the Federation of Nigeria 2004.
Count 21
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank Nig. Plc on or about 12th May, 2000 at Lagos in the Lagos Judicial Division of the Federal High Court recklessly connected with the grant of a loan in the sum of N88,162,144.02 (Eighty Eight Million and Sixty Two Thousand, One Hundred and Forty For Naira, Two Kobo) to DTM with no security in contravention of the law being in force at the time and thereby committed an offence punishable under Section 16(1)(a) of the Failed Bank (Recovery of Debts) and financial malpractices in Banks Act Cap F2 Laws of the Federation of Nigeria 2004.
Count 22
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank Nig. Plc on or about 31st July 2000 at Lagos in the Lagos Judicial Division of the Federal High Court recklessly connected with the grant of a loan in the sum of N 7,867,043.77 (Seven Million, Eight Hundred and Sixty Seven Thousand , forty Three naira, Seventy Seven Kobo) to National Assembly Senator with no security in contravention of the law being in force at the time and thereby committed an offence punishable under Section 16(1)(a) of the Failed Bank (Recovery of Debts) and Financial Malpractices in Bank Act Cap F2 Laws of the Federation of Nigeria 2004
Count 23
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank Nig. Plc on or about 1st August, 2000 at Lagos in the Lagos Judicial Division of the Federal High Court recklessly connected with the grant of a loan in the sum of N46,039,341.32 (Forty Six Million, Thirty Nine Thousand, Three Hundred and Forty One naira, Thirty Kobo) to Subtle Ltd. With no security in contravention of the law being in force at the time and thereby committed an offence punishable under Section 16(1)(a) of the Failed Bank (Recovery of Debts) and Financial malpractices in Banks Act Cap F2 of the Federation of Nigeria 2004
Count 24
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank Nig. Plc on or about 4th May, 2000 at Lagos in the Lagos Judicial Division of the Federal High Court recklessly connected with the grant of a loan in the sum of N27,924,114.43 (Twenty Seven Million, Nine Hundred and Twenty Four Thousand, One Hundred and Fourteen Naira, Forty Three Kobo) to Inter Allied Resources with no security in contravention of the law being in force at the time and thereby committed an offence punishable under Section 16(1)(a) of the Failed Bank (Recovery of Debts) and Financial Malpractices in Banks Act Cap F2 Laws of the Federation of Nigeria 2004
Count 25
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank Nig. Plc on or about 12th November, 2002 at Lagos in the Lagos Judicial Division of the Federal High Court recklessly connected with the grant of a loan in the sum of N13,247,928.81 (Thirteen Million, Two Hundred and Forty Seven Thousand, Nine Hundred and Twenty Eight Naira, Eighty One Kobo) to ED. and F. Man. Nig. LTD. With no security in contravention of the law being in force at the time and thereby committed an offence punishable under Section 16(1)(a) of the Failed Bank (Recovery of Debts ) and Financial Malpractices in banks Act Cap F2 Laws of the federation of Nigeria 2004.
Count 26
That you DR. OLUSOLA SARAKI, ROBERT MBONU, HAFIZ BAKARE, TOYIN IDOWU, G. A. OYENOLA, YINKA FEGBEMI, KENNEDY IZUAGBE, DELE ILUYOMADE, NOAH OLOPOENIA and LANA HAASTRUP while being Directors of Societe Generale Bank Nig. Plc on or about 18th August, 1999 at Lagos in the Lagos Judicial Division of the Federal High Court recklessly connected with the grant of a loan in the sum of N6,407,254.00 (Six Million, Four Hundred and Seven Thousand, Two Hundred and Fifty Four Naira) to Oludeyi S. O. with no security in contravention of the law being in force at the time and thereby committed an offence punishable under Section 16(1)(a) of the Failed Bank (Recovery of Debts) and Financial Malpractices in Banks Act Cap F2 Laws of the federation of Nigeria 2004
Count 27
That you ROBERT MBONU while being an officer of Societe Generale Bank Nig. Plc between 2002 and 2003 at Lagos in the Lagos Judicial Division of the Federal High Court made a donation in the sum of N1, 000,000.00 (One Million Naira) to Governor Attah of Akwa Ibom State for political purposes and thereby committed an offence punishable under Section 38(2) of the Companies And Allied Matters Act Cap C20 Laws of the Federation of Nigeria 2004.
Count 28
That you DR. OLUSOLA SARAKI while being an officer of Societe Generale Bank Nig. Plc between 2002 and 2003 at Lagos in the Lagos Judicial Division of the Federal High Court did vote for a donation in the sum of N1, 000,000.00 (One Million Naira) to Governor Attah of Akwa Ibom State for political purposes and thereby committed an offence punishable under Section 38(2) of the Companies And Allied Matters Act Cap C20 Laws of the Federation of Nigeria 2004.
Count 29
That you DR. OLUSOLA SARAKI and ROBERT MBONU, while being officers of Societe Generale Bank Nig. Plc between 2002 and 2003 at Lagos in the Lagos Judicial Division of the Federal High Court did vote for a donation in the sum of N1, 000,000.00 (One Million naira) to Chief Audu Ogbe for political purposes and thereby committed an offence punishable under Section 38(2) of the Companies And Allied Matters Act Cap C20 Laws of the Federation of Nigeria 2004.
Count 30
That you DR. OLUSOLA SARAKI and ROBERT MBONU, while being officers of Societe Generale Bank Nig. Plc between 2002 and 2003 at Lagos in the Lagos Judicial Division of the Federal High Court did vote for a donation in the sum of N25, 000,000.00 (Twenty Five Million Naira) to Dr. Bukola Saraki for political purposes and thereby committed an offence punishable under Section 38(2) of the Companies And Allied Matters Act Cap C20 Laws of the Federation of Nigeria 2004googletag.cmd.push(function() { googletag.display('comments'); });
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