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LequteMan
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Nigeria's Senate President Bukola Saraki, has revealed why he didn't declare some assets reportedly owned by his wife to the Code of Conduct Bureau.
At least four assets belonging to the wealthy and famous Saraki family of Nigeria, all tucked away in secret offshore territories, were leaked by a Panama law firm.
Related: LIST of Hidden Assets Saraki Failed to Declare to Code of Conduct Bureau
Saraki is mandated to declare assets owned by himself, his wife, and children under 18 years according to the constitution. However, the properties uncovered by the Panama firm weren't declared by the Senate President.
Reacting, Saraki said the property in question "forms part of Dr Saraki’s wife’s family asset,”
“It is public knowledge that Mrs. Saraki comes from a family of independent means and wealth with numerous and varied assets acquired over decades in family estates and investments
“Furthermore, the law only requires a public officer to declare both his own assets and those held by his spouse and his children under 18 years of age. The law does not require a public officer to declare assets held by the spouse’s family.
“It is not expected by the law that a public officer should declare such assets held in the spouse’s family estate. Indeed, the Code of Conduct form does not make provision for declaration of spouse’s family assets,” he stated.
Indeed, Toyin Saraki hails from the rich and famous Ojora family of Lagos. She married Bukola Saraki in 1991.
According to Premium Times, the hidden properties in offshore territories the Senate President failed to declare were acquired in 2004 and 2011 respectively. They are not part of the Ojora’s family estate and were not acquired through inheritance.
At least four assets belonging to the wealthy and famous Saraki family of Nigeria, all tucked away in secret offshore territories, were leaked by a Panama law firm.
Related: LIST of Hidden Assets Saraki Failed to Declare to Code of Conduct Bureau
Saraki is mandated to declare assets owned by himself, his wife, and children under 18 years according to the constitution. However, the properties uncovered by the Panama firm weren't declared by the Senate President.
Reacting, Saraki said the property in question "forms part of Dr Saraki’s wife’s family asset,”
“It is public knowledge that Mrs. Saraki comes from a family of independent means and wealth with numerous and varied assets acquired over decades in family estates and investments
“Furthermore, the law only requires a public officer to declare both his own assets and those held by his spouse and his children under 18 years of age. The law does not require a public officer to declare assets held by the spouse’s family.
“It is not expected by the law that a public officer should declare such assets held in the spouse’s family estate. Indeed, the Code of Conduct form does not make provision for declaration of spouse’s family assets,” he stated.
Indeed, Toyin Saraki hails from the rich and famous Ojora family of Lagos. She married Bukola Saraki in 1991.
According to Premium Times, the hidden properties in offshore territories the Senate President failed to declare were acquired in 2004 and 2011 respectively. They are not part of the Ojora’s family estate and were not acquired through inheritance.
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