Saraki denies EFCC’s claim that he used his aides to launder N3.5 billion Paris Club Loan Refund

Monday, 27 March 2017

The EFCC has reportedly indicted the Senate President, Bukola Saraki and some of his aides in the alleged laundering of up to N3.5 billion from the Paris Club Loan Refund.

According to Channels TV, a source at the antigraft agency says investigation by some of its officials have revealed that some persons with close links to Saraki were used to launder N3.5 billion from the paris club refund.


The EFCC investigation was presented to President Buhari in a reported delieverd on March 10th, 5 days before the senate rejected acting EFCC chairman, Ibrahim Magu. However in a swift reaction, Special Adviser on Media and Publicity to Saraki, Yusuph Olaniyonu, in a statement released yesterday, denied the cliams.

Olaniyonu stated that Magu is using the new allegations to fight against Sarakiand the senate for rejecting hisnomination on March 15th.

“It is obvious that at this point when Mr. Magu believes the Senate President should be blamed for his failure to secure confirmation as Chairman of EFCC by the Senate, he would want to fight back by cooking up reports and masterminding its leakage”