Saraki failed to declare £1.5 London mortgage, properties – CCB official insists

Saraki failed to declare £1.5 London mortgage, properties – CCB official insists

An official of the Code of Conduct Bureau, Mr. Samuel Madojemu, insisted on Wednesday that the Senate President, Dr. Bukola Saraki, failed to declare a London property which he acquired through mortgage in 2010.

Madojemu, who is the Head, Intelligence Unit of the CCB, is the third prosecution witness in the Senate President’s ongoing trial on 16 charges of false asset declaration and breach of Code of Conduct for Public Officers.

The trial is ongoing before the Danladi Umar-led Code of Conduct Tribunal in Abuja.

In Count 14 of the charges, the defendant was accused of giving instruction to his banker, the Guaranty Trust Bank Plc, in 2010, to transfer £1,516,000 within two days to, Fortis Bank in London for mortgage redemption.

The defendant was said to have failed to declare the London mortgage and the property he acquired through it.

Under cross-examination by defence lawyer, Mr. Paul Erokoro (SAN), Madojemu had identified a property at 70 Bourne Street, South-West London valued at $4,800,000 which Saraki had declared that he acquired through proceeds of sales of rice and sugar/loan in January 2002.

But under re-examination by the lead prosecuting counsel, Mr. Rotimi Jacobs (SAN), on Wednesday, Madojemu said the London property which Saraki declared that he acquired in 2002, was not the one he acquired through mortgage in 2010.

The witness said, “It was not stated that there was London property.

“He also did not declare any mortgage from 2002 to2011.”

Madojemu also said Saraki failed to declare a card with debit of $3.4m.



  1. It’s so sad that some judges and some SANs in Nigeria are doing everything to frustrate government efforts to send those corrupt politcians to jail
    The politcians storm the courts in their numbers to influence and intimidate the judges into buckling and cowing away
    The corruption by the politicians and their associates, the top civil servants and some business leaders goes right on and the misery of the poor masses continues

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