The Chairman of the Presidential
Advisory Committee Against Corruption, PACAC, Itse Sagay, has reacted to the
probe of the Senate President, Bukola Saraki by the Economic and Financial
Crimes Commission, EFCC.
Sagay explained that the
anti-graft agency was investigating Saraki for alleged acquisition of
properties by fraudulent means and not false declaration of assets, which he
had been cleared by the courts.
EFCC had last week sealed off
some properties belonging to Saraki located in Ikoyi, Lagos State while
investigating the period he was governor of Kwara State from 2003 to 2011.
The Senate President, however,
described the action of the anti-graft agency as a witch-hunt, claiming that
the property in question had been investigated by the commission several times
in the past.
However, Sagay, while speaking
with Independent said: “The investigation is not over. The earlier one was the
issue of false declaration of assets. What they are doing now is acquiring
properties by fraudulent means and siphoning money from the state.
“So, it is a totally different
charge. Although, he was cleared up to the Supreme Court on the issue of
declaration of false assets, this one is different.
“That the court declared that a
case is not proved does not mean that there is no guilt. So, this is a second
approach, which permits the agency to actually have the property forfeited
without proving guilt.
“All he has to do is to go
through the first process of temporary forfeiture and then, the owner of the
property (in this case, Saraki) will be invited by the court through an order
to come and justify how he acquired the property, usually by affidavit.
“So, the two parties will come
and if he cannot establish satisfactorily to the court that he earned the money
by which he acquired the property, then he will lose it to the Federal
Government.”
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