Bukola Saraki Responds To Panama Papers Claims – President of the Nigerian Senate, Senator Bukola Saraki has responded to the revelation of hidden assets owned by his wife in the Panama Papers scandal.
4 assets including landed property and businesses were revealed to be owned by Toyin Saraki, but in a statement through his media adviser, Yusuph Olaniyonu, Saraki revealed he was not compelled to declare what belonged to hs wife’s family.
“The property in question forms part of Dr Saraki’s wife’s family asset. It is public knowledge that Mrs. Saraki comes from a family of independent means and wealth with numerous and varied assets acquired over decades in family estates and investments.”
“Furthermore, the law only requires a public officer to declare both his own assets and those held by his spouse and his children under 18 years of age. The law does not require a public officer to declare assets held by the spouse’s family.”
“It is not expected by the law that a public officer should declare such assets held in the spouse’s family estate. Indeed, the Code of Conduct form does not make provision for declaration of spouse’s family assets.”