EFCC Declares Kennedy Izuagbe, Director Of Societe Generale Bank & MD OF Bukola Saraki’s Carlise Properties Wanted Over N3.6Billion Money Laundering Allegation

…as Senate President secure injunction against arraignment by code of conduct bereau

Kennedy Izuagbe, a former director of defunct bank owned by the Saraki’s and the managing director of Carlise Properties Investment Limited owned by Senator Bukola has been declared wanted by anti corruption agency, Economic and Financial Crimes Commission.

Izuagbe is wanted in relation to ongoing investigation into an alleged N3.6billlion money laundering case.

According to information sourced by societynowng.com ‘Mr. Izuagbe, 45, who is being investigated in a case of conspiracy and money laundering to the tune of over N3.6 billion, has gone into hiding and all efforts to reach him have proved abortive, the EFCC said Thursday’

Added revelation by the agency revealed that the gone underground suspect is ‘linked to several shady deals and gross financial misconducts that took place in the bank, in which several millions of naira were granted as loan without due diligence.’

The wanted former director is believed to have fled the country but the EFCC urge the public to notify any of it offices of any sighting of the wanted Carlise Properties Investment Limited managing Director.

Carlise Limited is the company Code of Conduct Bureau alleged Senate President Bukola Saraki used to acquired an undeclared property on Glover Road Ikoyi, Lagos in count four of the 13 count false declaration of assets charge of corruption slammed on the nation’s number 3 citizen.

Here is a link for background – http://societynowng.com/Code-Of-Conduct-Bureau-Lights-Up-Senate-President-Bukola-Saraki-With-13-Count-Corruption-Charge

The Senate President however yesterday evening – Thursday September 17 2015 secured a court injunction that stopped moves to arraign him by the Code of Conduct Bureau today Friday September 18 2015 over the 13 count charges of corruption.

Saraki secured legal reprieve via a chamber ruling by Justice Ahmed Mohammed of the Abuja Division of the Federal High Court trending reports revealed.

The judge is said to have summoned amongst others Chairman of the CCB and Chairman of the Code of Conduct tribunal, the deputy director in the office of the Attorney General of the Federation, Mr. M.S. Hassan, who signed the charge against Saraki to appear before the high court on September 21 to show cause why the Senate President should be prosecuted over the alleged offence.