Saraki’s Crony Files Suit To Stop EFCC From Arresting Him Over ₦15b And $13m Laundered For Senate President

Kennedy Izuagbe, a Lagos businessman and one of the fronts used by the Senate President, Bukola Saraki, to launder funds, has filed an application at the Federal High Court in Lagos to stop the Economic and Financial Crimes Commission (EFCC) from arresting and prosecuting him.

Mr. Izuagbe is urging the court to relist his fundamental human rights enforcement suit, which was previously struck out for lack of diligent prosecution. The applicant, alongside Carlisle Properties and Investment Limited and its directors/shareholders, were exposed by the EFCC as being involved in the laundering of huge sums of money stolen by Mr. Saraki from Kwara State to purchase choice properties that was a subject of Saraki’s trial at the Code of Conduct tribunal.

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The renewed interest in the lawsuit he had earlier abandoned is on account of plans by the EFCC to commence investigations and prosecution in the case.


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