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Saraki’s firm MD declared wanted

18 September 2015, 11:03

Abuja - The Economic and Financial Crimes Commission on Thursday declared wanted the man managing Senate President Bukola Saraki’s property company, Kennedy Izuagbe, for alleged N3.6bn money laundering.

Izuagbe, managing director of Carlisle Properties and Investment Limited, a firm said to be owned by Saraki, was alleged to have conspired with others to launder the said amount while he was the Managing Director of the defunct Societe Generale Bank.

Also read: EFCC interrogates Saraki over alleged corruption

The Deputy Director in the office of the Attorney-General of the Federation, M.S. Hazzan, had, in charges filed against the Senate President, said he owned Carlisle Properties Limited.

The Head of Media and Publicity of the EFCC, Wilson Uwujaren, said in a statement on Thursday that Izuagbe, a 45-year-old banker, was declared wanted because he could not be reached by the anti-graft agency.

Uwujaren said that Izuagbe, a native of Iviukhua village, near Agenebode, in the Etsako Local Government Area of Edo State had fled the country.

- News 24


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