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While Senate President Bukola Saraki continues his battle with the Code of Conduct Tribunal for failing to appear before it on Friday, leading subsequently to an order to have him arrested, details of the assets the senate president declared in 2012 has leaked to the public.
According to the detials, the total wealth in cash and other assets, that Saraki decided to declare in his assets declaration forms was 2.607 billion naira (2,607,110,550 naira), 23.7 million US dollars (23,783,333), 7.4 million Pounds Sterling (7,406,500 Pounds Sterling), and 2.6 million Euros (2,600,000 Euros).
As at 2003 when he became governor of Kwara State, the senate presidents wealth according to the declaration he made was 10.2 billion naira (10,209,270,295 naira).
The assets declaration forms revealed that Mr. Saraki and his companies had stockholdings worth 2,145,550 naira, 2,600,00 Euros, and 6,108,33 US dollars.
The documents also reveal that Mr. Saraki’s wife, Toyin, and their two children, owned assets that were inexplicable and highly suspicious. The forms showed that the assets held by Mrs. Saraki and the senator’s two children included cash, property, and stock holdings valued at more than N8 million, 4.5 million pounds sterling, and $4.6 million.
Here is the breakdown of his properties worth N120 million and $224 million in incomes as annual rent from his landed properties in Nigeria and London.
BUKOLA SARAKI’S ASSETS as at 10 October 2012
Plot 212 Musa Yar’Adua Street, Victoria Island, N700 million.
Others are a plot of land on Lekki Phase (block 72), N7 million;
Ibafo near Ajah, N5 million;
Buildings on number 42 Gerrard Road, Ikoyi, N750 million;
19 Roxton Road, Ikoyi, N500 million;
62 Awolowo Road, Ikoyi, N100 million;
15A & B MacDonald, Ikoyi, N160 million
6 Vulga Street, Maitama, Abuja, N60 million.
HIS LANDED PROPERTIES
123A, Ashley Gardens, Thirleby Road, London, valued at $750,000. (N120 Million Naira)
56 Cheyne Court, SW 3, London, $900,000; (N144 Million Naira)
54 Ashley Gardens, Ambrasden Avenue, London, $2.5 million; (N400 Million Naira)
141 Ashley Gardens, Thirleby Road, London, $600,000; (N96 Million Naira)
Nell Gwynn House, Sleave Avenue, London, $400,000; (N64 Million Naira)
Ormond House, Ormond Street, S/London, $400,000; (N64 Million Naira)
53 Ashley Gardens, Ambrasden Avenue, London, $2.5 million, (N400 Million Naira)
70 Bourne Street, S/W London, valued at $4.8 million. (N768 Million Naira)
HIS MOVABLE PROPERTIES
Mercedes S320, N16 million;
Mercedes S500, N20 million;
Mercedes G500, N18 million;
Mercedes V220, N6 million
Mercedes 300E, N2 million.
Mercedes ML 240, N8.5 million;
Mercedes CLK 320, N9 million;
Mercedes E320, N11 million;
Mercedes G500 bullet-proof, N45 million
Mercedes S500 bullet-proof, N30 million.
Ferrari 456 GT N25 million;
Navigator, N15 million;
Peugeot 406, N2 million,
Lexus Jeep bullet-proof, N30 million
Lincoln Navigator bullet-proof, N25 million.
HIS CASH DEPOSITS IN DIFFERENT BANK ACCOUNTS
Societe Generale; N11 million
Ecobank, Broad Street, Lagos, N350, 000;
Citizens Bank, Broad Street, Lagos, N390, 000;
Citizens Bank, Broad Street, Lagos, N600,000;
Ecobank Nigeria plc, Broad Street, N10.3 million,
Guaranty Trust Bank, Adeyemo Alakija Street, Lagos, N2.9 million.
Societe Generale Bank, Oke Arin Street, Lagos, N23 million
Guaranty Trust Bank, Adeyemo Alakija Street, Lagos.
FOREIGN BANK ACCOUNTS
Coutts & C, 440 Strand, London, £905,000; (N235.3 Million Naira)
Northern Trust International Banking Corporation, Merrillynch Piece Fender, $400,000 (N64
Fortis Bank, Camoile Street, London, £2 million. (N520 Million Naira)
HIS FOUR CHILDREN
His four children Tosin, Seni, Teniola and Teniayo, are worth N741.89 million in cash,
Toyin Saraki, had a net asset of N1.49 billion as at 29 May 2003.