Michael Wetkas, a prosecution witness, debunked claims by Senate President Bukola Saraki that he bought his Ikoyi, Lagos property with money he realised from the sale of rice and sugar.
Wetkas, during cross-examination by Paul Usoro, Saraki’s lawyer, said rather Saraki obtained a loan from Guaranty Trust Bank (GTB) with which he bought the property in 2006.
“You (Saraki) falsely declared a property at 17 A and B Ikoyi, Lagos, which you said you bought from the proceeds of rice and sugar whereas it was a loan from Guaranty Trust Bank (GTB),” said Wetkas.
Saraki is being held for false assets declaration during when he was governor of Kwara State, in Nigeria’s North-Central geo-political zone.
It was found that Saraki only declared the controversial property only after winning a second term of office in 2007, but also failed to do same at the conclusion of his term in 2011. The law requires that a public officer declares his assets on, and after their tenure of office.