EXPOSED! Saraki’s N4billion London Mansion
A N4billion London Mansion allegedly belonging to the President of the Nigerian Senate, Bukola Saraki, has been uncovered in London. According to Citizens United for Peace and Stability (CUPS), Saraki bought the 6-bedroom mansion at 70 Bourne Street, London SW1W 8JW shortly after he resigned his position at Societe General Bank (Nigeria) PLC.
As revealed in an extract of the title deed (number: NGL805616) from the UK Land Registry, Croydon Office (see attached document), the senate president bought the mansion on 29 November 2001 for £4,250,000. The mansion is now worth a whopping N4,069,500,000 (£13,565,000), according to UK Estate Agents Zoopla. It is understood that the property was paid for in cash as there is no debt, mortgage, or any form of loan associated with his current ownership of the mansion.
Saraki was a director at Societe Generale Bank (Nigeria) PLC between 1990 and 2000. As at the time Mr. Saraki resigned his position, the bank was heavily in debt to the tune of N37 billion, part of debt was a whopping N17 billion allegedly moved from several bank branches in bullion vans in order not to leave any records of these transactions.
Despite Saraki’s financial crimes at Societe Generale Bank (Nigeria) PLC and the banks subsequent collapse on 20 March 2003 as a result of huge debts, Saraki had gone on to become the Special Assistant to the President on Budget in 2000, the Executive Governor of Kwara state between 2003 and 2011, a Senator representing Kwara Central senatorial district in April 2011 and was re-elected in March 2015 for another 4 years term. On 9 June 2015, Saraki was Elected Senate President after he successfully struck a Gestapo-style deal with swat of dissident APC senators and opposition PDP members.
In addition to this N4billion property, Saraki, who was born on 19/12/1962 at Hampstead North, Metropolitan Bourough of Hampstead, United Kingdom, owns two other London choice properties at number 69 Bourne Street, which he bought in his wife’s (Toyin Saraki) name for two million pounds in 2000, and at Number 53 Ashley Gardens, which he bought for 4 million pounds in 2002.
Saraki is well known for his taste for flashy and expensive cars, and owns over 15 luxurious cars, including a Ferrari.
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