SARAKIGATE 2: LET THE TRIAL BEGIN...BLOW BY BLOW @ TODAY'S TRAIL PROCEEDING

Bukola Saraki, the President of the Senate and Nigeria’s number 3-man, has arrived the courtroom of the Code of Conduct Tribunal in Abuja this morning accompanied by not less than 50 Senators  to face trial over a 13-count charge of corruption leveled against him by the Code of Conduct Bureau.

 It will be recalled that the tribunal yesterday made it mandatory for the Senate President to appear this morning and answer the charges. Saraki has been docked and he pleaded not guilty to all the 13-count charges. The chairman of the Code of Conduct tribunal has withdrawn the bench warrant against him.  See more photos below.

Earlier in the day:

It was gathered that the Senate President and his supporters first converged at the National Assembly early on Tuesday morning where his colleagues decided to provide cover for the senate president to prevent him from being arrested or humiliated by the police, from where they took off in a convoy of buses for the tribunal.

9:32 a.m:

 Senator Bukola Saraki arrived the tribunal premises accompanied by “about 50 senators and some members of the House of Representatives”… according to a PREMIUM TIMES reporter at the trial, are Theodore Orji, Sam Egwu, Ike Ekweremadu, Shaba Lafiaji, Aliyu Wamakko, Rafiu Ibrahim, Tayo Alasoadura, Hamma Misau, Samuel Anyanwu, Sabi Aliyu Abdullahi, among others.

10.32 a.m:

The Chairman of the Tribunal came into the courtroom and apologized for the delay in the commencement of proceeding. He said the tribunal was sorting out some matters.

Saraki’s battle to prevent his appearance before Tribunal:

Senate President Bukola Saraki’s battle to prevent his appearance before the Code of Conduct Tribunal (CCT) collapsed yesterday.

His lawyers, Joseph Daudu (SAN) and Adebayo Adelodun (SAN), argued passionately against his appearance at the CCT where he is charged with alleged false declaration of assets, but the tribunal restated its order that the Inspector General of Police and other security agencies should arrest Saraki and produce him before the tribunal at 10am today.

The Court of Appeal, Abuja before which Adelodun argued an ex-parte application for an order setting aside the warrant of arrest issued on Friday against Saraki refused the application. It ordered Saraki to put the respondents on notice and fixed September 29 for the hearing of his substantive appeal.

At the Federal High Court, Abuja where Adelodun equally argued another motion on behalf of Saraki, for an order restraining the CCT and the Ministry of Justice from proceeding with the Senate President’s trial, Justice Ahmed Mohammed refused to grant the order. He adjourned till September 30 for the hearing of Saraki’s pending substantive suit and the objection filed against it by the respondents.

At the resumption of proceedings yesterday before the tribunal, prosecution lawyer Rotimi Jacobs (SAN) on noticing that Saraki was absent, urged the tribunal to inquire from his lawyer, Joseph Daudu (SAN), why his client was absent despite the undertaking he gave on Friday to produce Saraki in court today.

Jacobs said he prevailed on his client not to execute the bench warrant on account of the undertaking by Daudu. He said he was taken aback that Daudu failed to fulfill his promise.

When asked by the tribunal Chairman Justice Danladi Umar why his client was absent despite his (Daudu’s) promise to produce him, Daudu said he was not sure the tribunal actually expected him to produce his client.

He said his client would not appear before the tribunal because he was challenging the tribunal’s jurisdiction to hear the charge and that the tribunal was not properly constituted in view of the absence of one of the three judges.

Daudu argued that since the Code of Conduct Bureau/Tribunal Act (CCB/TA) provided that the tribunal must comprise three judges, including a Chairman, it was illegal for it to sit with just a member and a Chairman.

“Whatever is being done here is illegal. I will not want my client to be part of this illegality. You are sitting illegally. Let us put a stop to this,” Daudu said.

Daudu also urged the tribunal to stay proceedings and await the outcome of an appeal his client filed against the tribunal’s ruling of Friday in which it ordered Saraki’s arrest for not attending proceedings.

He also argued that the Administartion of Criminal Justice Act (ACJA) 2015, which makes it compulsory for every accused person to first submit himself or herself before a court and take plea before raising an objection to a charge, was not applicable to the tribunal.

Jacobs faulted Daudu’s argument, insisting that the tribunal was properly constituted. He argued that the CCB/TA only provided for the constitution of the tribunal, but that Section 28 of the Interpretation Act,  which has the force of law by virtue of the provision of Section 318 of the Constitution, provides that two members of the tribunal form a quorum.

Jacobs argued that the tribunal could not stop its business just because Saraki filed an appeal. “The Supreme Court has held that where you feel the proceedings are wrong, you do not sit in your house to challenge the propriety or not. You should come before the court,” Jacobs said.

Ruling, Justice Umar said the tribunal disagreed with Daudu’s submissions.

“A cursory look at the 3rd Schedule of the Code of Conduct Tribunal Procedure Sub-Section C17 provides that the Criminal procedure Code (CPC) and the Criminal procedure Act (CPA), are the laws applicable to the tribunal.

“It therefore follows that by the introduction of the Administration of Criminal Justice Act (ACJA), 2015, the tribunal is duty-bound to apply the new ACJA as a law, because it says that the CPC and CPA are no longer valid by the introduction of the ACJA.

“The defence counsel has prayed this tribunal to dispense with the appearance of the accused person and the application of the ACJA on the premise that it is not applicable to the tribunal.

“We have decided to take the position that in the interest of the administration of justice, that the accused person is to be made or compelled to appear before this tribunal consequently. That is the generally acceptable norm – that matters involving criminal element, the accused person must attend court.

“In view of the provision of Section 305(1) of the ACJA  and Section 306 of the same Act,  the application to stay proceedings in this matter due mainly to the filing of an  appeal at the Registry of the Court of Appeal is hereby refused.

“Appropriately, the Inspector General of Police (IGP) and other security agencies, as this tribunal ordered earlier, are still, by the order, to arrest and produce the accused person tomorrow, the 22nd of September 2015 at 10 am prompt, to answer to the charges against him. That is the order of this tribunal,” the judge said.

The tribunal consequently adjourned till 10am today.

After listening to Adelodun move the ex-parte application, the Court of Appeal declined Saraki’s prayer for an order staying the execution of the bench warrant issued against him by the CCT. The appellate court, in a ruling read by Justice Moore Adumein, held that it was not in its character to entertain ex-parteapplications, and to interfere with proceedings in the lower court. It ordered that the respondents be put on notice and for parties to return on September 29 for hearing of the motion on notice.

The Court of Appeal wondered why Saraki was reluctant to appear before the CCT, noting that “to appear before the Code of Conduct Tribunal is not a death sentence.” The appellate court said by its rule, it does not grant interim injunction, but that every motion before it must be on notice.

At the Federal High Court, Justice Ahmed Mohammed entertained arguments from lawyers to Saraki, the CCT, the Code of Conduct Bureau and the Federal Ministry of Justice on the motion by Saraki seeking an interim injunction against the CCT, CCB and the Ministry of Justice, restraining them from proceeding with his (Saraki’s) trial before the CCT.

Justice Mohamed noted that since the respondents had responded to all the processes filed, filed a preliminary objection, and the parties joined issues, he would prefer not to waste time, considering interlocutory applications.

The judge said in view of the constitutional and radical issues raised by the respondents in their objection, it was better to hear the substantive suit with the objection, he adjourned till September 30.

ALLEGED RAPE: DISOWNED RANDY UNILAG LECTURER BEGS MAGISTRATE FOR PROTECTION FROM 'HOSTILE' REPORTAGE

Afeez Baruwa , 42,  disowned part-time lecturer in the Department of Accounting‎, at the University of Lagos who was accused of raping an 18-year-old teenager in July, as she sought help to get admitted into the university  has told the court through his lawyer, Kunle Abimbola, that media houses were reporting the case wrongly.

                                 

The accused University of Lagos lecturer, Afeez Baruwa, who is standing trial before a Lagos state magistrate court for allegedly raping an 18 year old girl has asked for protection from “hostile” media reportage.

“It has come to a case where we have to seek the ultimate protection of the defendant from the press, he is still presumed innocent until proven guilty. On the last adjourned date, it was stated that the defendant was ill. The next day, Punch went to town with the headline ‘‎UNILAG lecturer stays in prison, shuns court.

“On the 15th of August, 2015, Saturday Punch published the story ‘UNILAG lecturer: Asthma saved me from being raped, says another victim. On the 22nd of August, 2015, Saturday Punch carried an interview with the Dean at the faculty where the defendant worked and he called the defendant a rapist.

“The defendant is being tried and convicted in the media which runs against Section 36(5) of the 1999 Constitution of the Federal Republic of Nigeria. It still remains an allegation, the defendant is still presumed guilty,” Mr. Abimbola was quoted by Premium Times.

On his part, ‎magistrate Tajudeen Elias said the case is an “exceptional circumstance” and told media to report the proceedings accurately.

“It is incumbent for the press to report accurately as unnecessary comments will amount to subjudice,” he said as he adjourned the case till November 13.

 The head of the Information Unit of the university, Olagoke Oke, who spoke with a Punch reporter said Dr Baruwa is not on the university’s employee list whether teaching or non-teaching

NOSTALGIA: 'DOCTOR' ISHOLA OYENUSI UNCROWNED EMPEROR OF NIGERIAN ROBBERS

‘Doctor’ Ishola Oyenusi is a name etched in the history of Nigeria as one of the most violent armed robbers, a criminal who unleashed boundless terror on many Nigerians.

OYENUSI: The last moments
Ishola Oyenusi (he called himself Dr. Oyenusi even if he never finished the secondary school), was terrorising all of Lagos, Nigeria’s largest commercial centre.

There was a story of how he snatched his first car on Herbert Macaulay Road in Yaba, Lagos. Why? His girlfriend was broke. He eventually sold the car for N400 but the sad part was that in the process of stealing the car, the poor owner was shot dead. He actually snatched the first car he saw on the road. Such was the ferociounature of his audacity.

Oyenusi’s arrogance was also legendary. In 1970, he was arrested and handcuffed by a police officer. As the policeman was ordering him around, Oyenusi blasted him and thundered: ‘People like you don’t talk to me like that when I am armed. I gun them down.’

Hmmm, but that was not all. Oyenusi was so feared that when the famed movie director, Chief Eddie Ugbomah made a film titled ‘The Rise and Fall of Dr. Oyenusi’ in 1977, there was no one bold enough to come forward to act the role of the armed robber because they feared his members would show them shege. Ugbomah had no other option but to act the role himself with the feature film depicting the senseless violence of armed robberies and the absolutely atrocious manner by which lives of innocent Nigerians were snuffed out.

Actually, Ugbomah was threatened. He received a letter from thieves who invaded and looted his provision store, carting away allthey could. In the letter, they promised to return his goods if he would only stop shooting the film in which he exposed the support received by the armed robbers from their ‘godfathers’ and even high-ranking officers in the Nigerian Armed Forces.

In the 1970s, Oyenusi was no doubt the uncrowned emperor of Nigerian robbers and he is described as the ‘first celebrated armed robber in Nigeria’. He is regarded by some as the pioneer of conventional armed robbery in Nigeria.

 When Oyenusi reigned at the height of his regal confidence, he declared:‘The bullet has no power.‘ As at that time, armed robbers were
condemned to death and thousands joyfully came out to ‘enjoy’ the grisly public executions before the firing squad on the pristine beaches of Lagos.

Although Nigeria no longer has very ‘famous’ bandits and thieves like Anini (at the age of 26, Lawrence Nomayagbon Anini was the most notoriousrobber in Nigeria), Babatunde Folorunsho, Monday Osunbor, Shina Rambo, Buraimoh Jimoh, Oyenusi, ‘Mighty Joe’, ‘Captain Blood’ and George Iyamu (a former Deputy Superintendent of Police who was Anini’s collaborator), armed robbery is nonetheless a major problem in the nation.

THE END

In March 1971, Oyenusi was nabbed by the Nigerian Police after he organized a robbery in which $28,000 (value as at that time) was stolen. They killed a police constable in the process.

 Although the first public execution of robbers had taken place in April 1971, that of Oyenusi and his criminal allies was a special case and the Lagos government took time to prepare the grounds at the Bar Beach.

DOCTOR-ISHOLA-OYENUSI-EXECUTION @ BAR BEACH

By 8.am, officials were already at the execution arena to check the whole place just to ensure that everything went on ‘well’. A combined team of police officers and soldiers struggled to contain the surging crowd of thousands of excited spectators.

At about 9.15 am, a team of Lagos City Council workers came to the execution arena with empty mock coffins which they calmly laid behind the execution stand.

About half an hour later, eight robbers were led to the execution stand… over 30,000 Nigerians trooped to the famous Bar Beach .

While some in the crowd jeered and booed Oyenusi and his Gang of Seven, some of his friends and family members present could not hold back their tears.

As for Oyenusi, he was smiling, smiling to the last but the agony on his face too was unmistakable. But just few minutes before his body was riddled with hot-leaded bullets from stern-faced soldiers of the Nigerian Army, he finally confessed saying: ‘I am dying for the offence I have committed.‘

The soldiers came to a screeching halt and stood at attention by the van. All of a sudden, one of them let out a shrill command! The door was flung open and slowly, Oyenusi appeared from within the darkness of the Black Maria.

 Oyenusi was cloaked in a dark long-sleeved shirt and his hands were tied behind his back. He spotted a pair of dark loafers and his trousers were wrinkled.

As the soldiers grabbed and tied him to the pole, he was still scanning through the crowd. One of the giggling spectators in the crowd whispered to the next ‘Who is he looking for?‘.
Smartly, seven soldiers formed a lethal line in front of Oyenusi. A soldier let out a fierce command to the sharpshooters. All of them took aim at Oyenusi. The next voice reverberated all over Nigeria: ‘Fire!’

Like an electrocuted being, his body shook vigorously as he slumped and went limp around the pole that held his remains.
For a man who said bullets had no power to penetrate his skin, he slumped in seconds, surrendering to the high-velocity missiles directed at his mortal vessel.

However, Oyenusi, who confessed that he joined the armed robbery business in 1959,was not to die alone. He was to end his journey on earth with six of his other gang members whom he had led to their last robbery at the WAHUM factory at Ikeja, Lagos on the 27th March, 1971.

CULLED

 

LATEST ON CHIEF OLU FALAE: ABDUCTORS DEMAND N100 MILLION RANSOM

The abduction of the former Secretary to the Government of the Federation (SGF), who is the traditional ruler of Ilu-Abo, is the latest in the series of high profile kidnappings that have taken place in the state in recent time.

A close family source, who disclosed this to reporters, said Chief Olu Falae was in his farm in Ilu-Abo a suburb of Akure, the state capital, when some suspected herdsmen stormed the farm and took him to an undisclosed destination.

This is coming barely two years after he lost his son, Deji in the Associated Airlines plane crash in Lagos.

However, in his own statement,Femi Fani-Kayode, said:
“The abduction of Chief Olu Falae is not only unacceptable but it also an exceptionally dangerous development. I say this because he is not only an elder-statesman of our country but he is also one of the most revered leaders of Afenifere and the south-west. We cannot sit by idly and watch our leaders and elders being endangered, shamed and humiliated in this way.

It is the governments job to keep us all safe and secure and they are failing in that duty. I call on the President and our security agencies to effect the expeditious and immediate release of Chief Olu Falae. They must rescue him from these vagabonds and vandals as soon as possible before things get out of hand. Let it be clearly understood that if anything happens to him and if he doesn't come home hale and hearty we will hold the Federal Government responsible and there will be consequences. Those that are in power would do well to take what I have said very seriously.” 

POLICE RESCUE KIDNAPPED BUSINESSMAN IN IBADAN

  Lagos-based businessman, Alhaji Abdul Akeem Amoo, 54, who was kidnapped by some yet-to-be-identified kidnappers around the Oluyole Local Government Area of Ibadan, Oyo State has been rescued by Oyo State Police Command.

He was on Sunday afternoon rescued by a police patrol team at Idi-Ayunre in the same local government area of the state.

According to police sources, Alhaji Amoo was kidnapped during a visit to his quarry and mining firm located at Ese-Apata via Abanla in the area. He had gone to the site with a view to paying some of his staff at the quarry and some of the contractors supplying him diesel and those rendering him supplementary services.

Read More  HERE

"POLICEMAN DEMENDED SEX IN EXCHAGE FOR ACCESS TO MY HUSBAND"

Joy Bassey, a mother of four has narrated the disappearance of her husband since February 2015, after her he was arrested by operatives of the Special Anti-Robbery Squad (SARS), Ikeja Lagos Command and later disappeared while in SARS’s cell.
  
Till date, she hasn’t set eyes on her husband and her children have been asking questions; questions she lacks answers to. Joy, said the unknown policemen had been threatening to kill her if she persisted in asking for the whereabouts of her husband, Mr. Bassey Ekpo Ekpeyoung. She wondered aloud how to break the news to Bassey’s parents that their son had gone missing. She wailed: “I’ve not told Bassey’s parents that I can’t find him!

I don’t know what to tell them. People told me that Bassey might have been killed in SARS custody, but I don’t believe that! The police have no right to kill a suspect in their custody! Right now, I’m worried and desperate. These days, I hardly sleep. I think too much. I have no home. I and my children roam about, seeking where to sleep and eat.

“Our landlord kicked us out after SARS men came to our home with Bassey in handcuffs. My children are no longer going to school because I don’t have money to pay their fees. I just want the police to produce my husband dead or alive! I need to know what has become of him!”
Joy, now a shadow of herself, said she stopped going to SARS, to locate her husband after a senior policemen harassed and attempted to intimidate her to have sex with him in exchange for access to Bassey. She explained that when the policeman, who posed as a Good Samaritan, realised she was sincerely shocked at his sexual advances, he had reaffirmed his love, promising to marry her and make her his second wife.

He categorically told her, “Forget your husband! He’s a closed chapter!” The woman, who had been married for over 13 years, with her first child being 13 and the youngest just a year-old, said that the mere suggestion of the affair filled her with revulsion.She turned down the offer, but persisted in trying to locate her husband. She however finally gave up the efforts and went underground when the threat from mysterious callers became too much. She felt it was sensible to be alive and take care of her four kids.

 It would be recalled that, Bassey, 39, along with Senator Nwobodo Princewill Eze, 55, Amira Abdallahi 32, Daniel Okpara 30, Paul Irior 37 and Royal Nwabuike 32, was arrested by SARS operatives for using Economic and Financial Crimes Commission reflective vests to allegedly rob and dupe unsuspecting Nigerians.(Read story here )

Nwobodo, said to be the ring leader, allegedly has houses spread across the nation, including a hostel in Ambrose Alli University, Edo State. Police said Nwobodo had been arrested several times for robbery, but always seemed to escape conviction whenever he was charged to court. Police said that the gang had used EFCC uniforms, handcuffs and guns to rob bureau de change operators in Abuja and Lagos State of foreign currencies.

Allegedly recovered from them were a Bryco 59 pistol with serial no. 930945, with six rounds of 5.56mm live ammunition, single barrel pistol cut to size with four live cartridges, and three Toyota Highlander jeeps. The police alleged that Bassey was charged by SARS with kidnapping in 2012 and recently arrested for impersonation.

The syndicate was later charged to court and remanded in prison, awaiting trial. But surprisingly, Bassey was not among those charged to court. Joy didn’t know what had become of Bassey, but she said SARS men would know. Joy said that after the gang was remanded in prison, she went there, but Bassey wasn’t among them.
Joy, who said that her husband used to work as a barman in a hotel in Abuja, wept silently: “Is it the right of the police to pass judgment on any suspect they arrest? They called and were threatening that they would detain me. They usually call me with hidden numbers. They said I should stop coming to SARS to ask for my husband.

They are doing this to me and threatening my life because I don’t have anybody.” She recalled that before the matter was charged to court, she had gone to meet a female friend, to assist her, so that she could see her husband. The lady’s father is a retired soldier. The friend’s father directed her to the senior police officer, who was supposed to be her Good Samaritan, but he ended up making her miserable.
She said: “I went to meet my friend, whose father is a retired soldier. The father said he had somebody in SARS who could be of assistance. He invited the policeman. The supol asked the retired soldier how much I had so that I could settle him. I told him that I didn’t have a dime.
To eat during that period was a problem for me and my kids. He said I should go and look for money. He said that I should call my family. I still told him I didn’t have any money. He now said he would try to assist me anyway he could.”

When the police officer realized that Joy truly didn’t have any money to offer, he allegedly decided to get his ‘payment’ in another way. When she poured out her heart to the retired soldier, disclosing the sexual advances of the policeman, the old military man smiled and said: “If you don’t have money to pay, you should pay in kind!” Ironically, the woman still wasn’t allowed to see her husband even while these sexual negotiations were going on.

She narrated: “The officer started demanding sex from me. I complained to my friend. She said there was nothing wrong in having sex with the policeman. She said it didn’t mean anything to have an affair with the man; she said I wasn’t a kid. She said I should just embark on the relationship. I said never!
“I thought the policeman wanted to help me. He assisted me when the police wanted to detain me. He made sure they didn’t detain me. “But then he wanted to sleep with me. He said that he wanted to take me as his second wife. How can he want to take me as a second wife?
He detained my husband, called him a criminal! What is he now? Is he not also a criminal? He wants to sleep with a criminal’s wife! If that was the kind of help the policeman wanted to render to me, I didn’t want it!
Let him go to hell with his help! Let the will of God be done!” Remembering how Bassey was arrested, Joy said: “I was in Lagos, while he was in Abuja. He was working there. I went out one day with the kids.
since

Another part of help that the said officer rendered was to go to his superiors, said Joy. She said she didn’t know what they discussed, but he returned and instructed her to bring Bassey’s property.
“They said I should bring the things my husband gave me to keep. But my husband didn’t give me anything. They went to ask him, he told them the same thing. He told them that the last money he gave to me, which was N500, 000, was collected from me by him when he was leaving for Abuja,” said Joy. She continued: “They said I should bring my husband’s car. They said Bassey bought the car with the money he made from the businesses they arrested him for. I handed the car over to them. They took the car and said I should keep the landed property..”

When Sunday Telegraph contacted the spokesman for the Lagos State Police Command, Mr. Joe Offor, on Thursday on the matter, he promised to get back to our correspondent. When he was contacted a second time on Thursday night, he said the officer- in- charge of SARS was not available. He had not reached our correspondent as at press-time

 READ MORE HERE

SARAKIGATE; APPEAL COURT DISMISSED HIS EX-PARTE APPLICATION....SEE THE LIST OF THE HIS HIDDENPROPETIES...

The Court of Appeal has dismissed the ex-parte application by Senate President, Bukola Saraki, seeking to set aside the order made on Friday by the Code of Conduct Tribunal (CCT) issuing bench warrant for Saraki’s arrest.

It said it cannot interfere with the proceedings pending at the lower court. It will be in the interest of notice for the respondents to be put on notice.

Consequently the ex-parte application refused and the motion on notice set down for hearing on September 29 Justice Armed Mohammed of the Federal High Court, in another ruling just delivered, refused a similar application by Saraki.

He adjourned to September 30 for the hearing of the substantive suit by Saraki, challenging the competence of charge before the CCT and the preliminary objection filed by the CCT, Code of Conduct Tribunal and Federal Ministry of Justice.

Justice Mohammed held that, in view of the constitutional and radical nature of the issues raised in the respondents’ objection, it was reasonable for the court not to waste time on interlocutory applications.

·         

BUKOLA SARAKI’S ASSETS are N120 million and $224 million incomes as annual rent from his landed properties in Nigeria and London.

·        HIS LANDED PROPERTIES IN NIGERIA & ITS VALUES :Plot 212 Musa Yar'Adua Street, Victoria Island, N700 million.
Others are a plot of land on Lekki Phase (block 72), N7 million
Ibafo near Ajah, N5 million; Buildings on number 42 Gerrard Road, Ikoyi, N750
million; 19 Roxton Road, Ikoyi, N500 million; 62 Awolowo Road, Ikoyi, N100 million;
15A & B MacDonald, Ikoyi, N160 million ;6 Vulga Street, Maitama, Abuja, N60 million.

·        HIS LANDED PROPERTIES OUTSIDE NIGERIA & ITS VALUES:
123A, Ashley Gardens, Thirleby Road, London, valued at $750,000. (N120 Million Naira)
56 Cheyne Court, SW 3, London, $900,000; (N144 Million Naira)
54 Ashley Gardens, Ambrasden Avenue, London, $2.5 million; (N400 Million Naira)
141 Ashley Gardens, Thirleby Road, London, $600,000;
(N96 Million Naira)
Nell Gwynn House, Sleave Avenue, London, $400,000;
(N64 Million Naira)
Ormond House, Ormond Street, S/London, $400,000;
(N64 Million Naira)
53 Ashley Gardens, Ambrasden Avenue, London, $2.5 million, (N400 Million Naira)
70 Bourne Street, S/W London, valued at $4.8 million.
(N768 Million Naira)

·        HIS MOVABLE PROPERTIES
Mercedes S320, N16 million; 
Mercedes S500, N20 million;
Mercedes G500, N18 million;
Mercedes V220, N6 million
Mercedes 300E, N2 million.
Mercedes ML 240, N8.5 million;
Mercedes CLK 320, N9 million;
Mercedes E320, N11 million;
Mercedes G500 bullet-proof, N45 million
Mercedes S500 bullet-proof, N30 million.
Ferrari 456 GT N25 million;
Navigator, N15 million;
Peugeot 406, N2 million,
Lexus Jeep bullet-proof, N30 million
Lincoln Navigator bullet-proof, N25 million.

·        HIS CASH DEPOSITS IN DIFFERENT BANK
ACCOUNTS
NIGERIA
Societe Generale; N11 million
Ecobank, Broad Street, Lagos, N350, 000;
Citizens Bank, Broad Street, Lagos, N390, 000;
Citizens Bank, Broad Street, Lagos, N600,000;
Ecobank Nigeria plc, Broad Street, N10.3 million,
Guaranty Trust Bank, Adeyemo Alakija Street, Lagos,
N2.9 million.
Societe Generale Bank, Oke Arin Street, Lagos, N23
million
Guaranty Trust Bank, Adeyemo Alakija Street, Lagos.

·        FOREIGN BANK ACCOUNTS
Coutts & C, 440 Strand, London, £905,000; (N235.3
Million Naira)
Northern Trust International Banking Corporation,
Merrillynch Piece Fender, $400,000 (N64 Million Naira)
Fortis Bank, Camoile Street, London, £2 million. (N520
Million Naira)

·        HIS FOUR CHILDREN
His four children Tosin, Seni, Teniola and Teniayo, are
worth N741.89 million in cash,

·        HIS WIFE
Toyin Saraki, had a net asset of N1.49 billion as at 29
May 2003.

Source: SAHARA REPORTERS