Senate President Bukola Saraki has said that the controversy surrounding the recovery of N13.3 billion ($43.3 million) from an apartment in Ikoyi, Lagos, by the Economic and Financial Crimes Commission (EFCC) has been poorly managed by the anti-graft agency and the parties involved.
\nHe also said the EFCC has a responsibility to tell Nigerians who the money belongs to, as it had become embarrassing that up till now there was no clarity on the ownership of the money.
\nSaraki\u2019s remarks on the cash discovery were made yesterday on Arise News, a current affairs programme on Arise News Network, a sister broadcast station, just as it was gathered that the EFCC has obtained a warrant from a court to search all the apartments in Osborne Towers where the cash was discovered.
\nThe Senate President said what was presently going on was not good for the image of the country, and the National Assembly, as a last resort, might step in if the parties involved are unable to resolve it and tell Nigerians what is going on.
\n\u201cI believe this is something simple that the organisation (EFCC) should manage, even before the speculation started coming out. The circus has to come to end as to whether it belongs to individuals, companies, agencies or a state government.
\nWhen asked if it was a failure of law enforcement that the EFCC did not monitor the Ikoyi apartment, Saraki said: \u201cI would rather not comment and prejudge them because they might come before us.
\n\u201cBut clearly, Nigerians must know, to save us this embarrassment. I believe they should come out and tell us who owns the money. I believe an agency like this should monitor and clear this mess.\u201d
\nAlso speaking on the face-off between the executive and the National Assembly, Saraki said he has often explained that the relationship between the two arms of government was cordial, and was far better than it was in 2016.
\n\u201cWhat we have now is very cordial. If you look at the confirmation of nominations from the executive, we have cleared over 90 per cent. If you look at the national budget, the process is much better than in 2016. In a few weeks, we will be done with the process.
\n\u201cI think people just sensationalise situations. The fact that one person\u2019s nomination was rejected does not mean there is controversy between the executive and the House.
\n\u201cWe don\u2019t define democracy based on individuals. We follow processes, and that is exactly what we have done. By virtue of our presidential system of checks and balances, there is bound to be one off frictions. That is what democracy is all about,\u201d he added..
\nMeanwhile, the EFCC, our source gathered, has obtained a warrant from a court to search all the apartments in Osborne Towers, where the N13.3 billion was discovered.
\nAccording to sources in the commission, the EFCC at the weekend wrote to all the occupants of the building notifying them that its operatives will carry out a search of all the apartments.
\nThe Tide learnt that the reason for the search arose from the suspicion that there might be more cash hidden in another apartment at Osborne Towers, other than Flat 7B.<\/p>\n","protected":false},"excerpt":{"rendered":"
Senate President Bukola Saraki has said that the controversy surrounding the recovery of N13.3 billion ($43.3 million) from an apartment in Ikoyi, Lagos, by the Economic and Financial Crimes Commission (EFCC) has been poorly managed by the anti-graft agency and the parties involved. He also said the EFCC has a responsibility to tell Nigerians who […]<\/p>\n","protected":false},"author":1,"featured_media":149868,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76,26],"tags":[],"class_list":["post-149864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-front-pix"],"_links":{"self":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/149864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=149864"}],"version-history":[{"count":0,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/149864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/media\/149868"}],"wp:attachment":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=149864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=149864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=149864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}