The Code Of Conduct Tribunal prosecuting the Senate President, Dr. Bukola Saraki, on false asset declaration has been told that it is lawful for the Senate President to own shares in companies like any other public officers in the country as allowed by law.
A prosecution witness in the trial, Mr.
Samuel Madojemu, told the tribunal that Saraki as a former governor of
Kwara State, was not prevented by any law from owning shares in any
company while he was the Kwara State Governor.
Under cross-examination by Mr. Paul
Erokoro (SAN) who is a counsel to Saraki, the witness who is the Head of
Investigation at the Code of Conduct Bureau (CCB), admitted that public
officers were allowed to own shares in companies in addition to owning
farms for agricultural purposes.
The witness told the tribunal that there
was no law in the country at the moment that forbids public officers
from having even majority or controlling shares in any company.
Specifically, the witness said the
Senate President has the right to own shares in any company that trades
in Rice and sugar commodities and any other materials.
Under further cross-examination,
Madojemu said he never asked the senate president during investigation
on whether he had shares in any company trading in rice and sugar or
nut.
The witness also admitted that he did not see any audited account of any company linked to Saraki who was accused of false asset declaration by the federal government.
The witness also admitted that he did not see any audited account of any company linked to Saraki who was accused of false asset declaration by the federal government.
The senate president is charged with 18-count further amended charges and had denied any wrong doing.
The prosecution witness had earlier testified that Saraki in one of his asset forms claimed to have acquired properties at No. 15a and 17 a Macdonald Street Ikoyi Lagos from proceeds of rice and sugar commodities.
The prosecution witness had earlier testified that Saraki in one of his asset forms claimed to have acquired properties at No. 15a and 17 a Macdonald Street Ikoyi Lagos from proceeds of rice and sugar commodities.
According to him engaging personally in rice and sugar commodities business is unlawful for any public officer.
The witness also said contrary to his
averment in his asset declaration form, the senate president did not
acquire the said properties from the Presidential Committee on sales of
federal government properties, but from another company G & C real
estate property and investment company.
However, under cross-examination, the
witness claimed that he did not know the year the senate president
assumed office as governor of Kwara State and that he never met the
senate president in person before he became governor.
As the Head of Investigation unit of the
Code of Conduct Bureau, the witness admitted that he never treated any
letter from the Senate President to the CCB and that he had no knowledge
of Saraki’s handwriting other than the one on his asset declaration
form.
The witness said most of the documents
tendered as exhibits were obtained by the Economic and Financial Crimes
Commission (EFCC) operatives and not by his own team.
He recalled that on September 14, 2015, he swore to an affidavit at the CCT and that he knew that the affidavit was going to be used by the federal government to file the present charge against the senate president.
He recalled that on September 14, 2015, he swore to an affidavit at the CCT and that he knew that the affidavit was going to be used by the federal government to file the present charge against the senate president.
He added that at the time he made the
affidavit he was aware that it must be truthful in facts and contents
and that he stood by the truthfulness of the affidavit.
However, when his attention was drawn to
his claim that the senate president returned four asset forms to the
CCB as against the seven tendered by the prosecution, the witness
admitted contradictions and also agreed that four asset forms and seven
asset forms were not the same.
Trial has been adjourned to continue on March 2.
Trial has been adjourned to continue on March 2.
Source: [ ThisdayNG]
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