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BREAKING: Bukola Saraki arrested

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The Economic and Financial Crimes Commission has arrested former president of the Nigerian Senate, Bukola Saraki, in custody over allegations of theft and money laundering.

 

Saraki, a former Kwara State governor, report says was detained on Saturday.

 

In the new case, the former lawmaker is to answer questions over alleged theft and laundering of public funds using a network of cronies and proxy companies.

 

The suspected proxies, who executed purported contracts for Kwara State under Mr Saraki, allegedly made returns, for many years, to the former governor, forming an organised a network of dirty money flow.

 

The funds involved were huge, running into hundreds of millions in naira and hundreds of thousands in foreign currencies at various times, sources said.

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