A Federal High Court sitting in Lagos, on Monday, ordered the interim seizure of properties belonging to the immediate past Senate President, Olubukola Saraki, over his ongoing fraud trial.
Justice Mohammed Aikawa made the order after the Economic and Financial Crimes Commission filed the application.
The commission disclosed to the court that between 2003 and 2011 money laundering in the state treasury by the governor of Kwara State was discovered.
“We received a damning intelligence report, showing monumental fraud perpetrated in the treasury of the Kwara State government between 2003 and 2011.
“Whilst the investigation was ongoing, several fraudulent transactions were discovered.
“I know for a fact and verily believe that our investigation has revealed the following mind-boggling findings, among others:
“That between 2003 and 2011, Dr Olubukola Abubakar Saraki was the Executive Governor of Kwara State.
“That whilst he held the aforementioned position, the common pattern was that after payment of monthly allocation by the Federal Government to the Kwara State government, a cumulative sum of not less than N100 million would be deposited into the Kwara State Government House account.
“That upon the payment of the N100 million, same would, in turn, be withdrawn in cash by Mr Afeez Yusuf from the Kwara State Government House, Ilorin account in bits and brought to the Government House,” EFCC lawyer, Sadiq, stated.