London Houses Linked with Saraki Listed for Probe

Transparency International UK has listed two London houses suspected to be owned by Nigeria’s Senate President, Bukola Saraki for investigation under Britain’s new law, Unexplained Wealth Orders, which became effective from 31 January. 

According to TI, Land Registry documents show that the houses at 7 and 8 Whittaker Street, Belgravia, London are owned by Landfield International Developments Limited and Renocon Property Development Limited. Based on current market estimates by Zoopla, the properties are worth a combined total of around £15 million. 

According to data released as part of the Panama Papers, these companies were controlled by Toyin Saraki, the wife of the President of the Nigerian Senate, Bukola Saraki as well as one of his personal aides. 

At the time of these revelations, none of these offshore holdings were reported in Saraki’s official asset declarations. 

Previous public disclosures by Saraki have indicated he has high levels of unexplained wealth, Transparency International said. 

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