Leaked documents shows Saraki’s alleged hidden assets

– Fresh documents have shown that the wife of the Senate president, Mrs. Toyin Saraki, is a mere business front for her husband

– The assets in Mrs Toyin Saraki’s name in tax havens are actually held in trust for Bukola Saraki

Bukola Saraki, Senate president

The wife of the Senate president, Mrs. Toyin Saraki, is a mere business front for her husband, as fresh documents retrieved by Premium Times from the massive Mossack Fonseca database have shown.

According to the new documents, the assets in Toyin’s name in tax havens are actually held in trust for Bukola Saraki. It was earlier reported on Monday, April 4, that Saraki failed to disclose four assets found to be in his wife’s name offshore, in violation of Nigeria’s code of conduct law.

That revelation came to light following the leak of a trove of internal data from the Panama-based offshore-provider,  Mossack Fonseca, obtained by the German newspaper, Süddeutsche Zeitung, and shared by the International Consortium of Investigative Journalists (ICIJ) with Premium Times and over 100 other media partners in 82 countries.

Saraki in response to that publication, said the controversial assets belonged to the estate of his wife’s rich and famous family, and that the law did not mandate him to declare such a category of assets.

But now it has been shown that the assets neither belong to Toyin nor to her family’s estate. They are clearly Saraki’s.