SGBN: EFCC grills Saraki


The Economic and Financial Crimes Commission (EFCC) yesterday quizzed Senator Bukola Saraki, former Kwara State Governor and a former executive director of the Societe Generale Bank of Nigeria (SGBN) over the failure of the bank.

Saraki, who represents Kwara Central in the Senate, was invited by the EFCC following six petitions by some aggrieved groups, and was interrogated by detectives led by an Assistant Commissioner of Police, Ibrahim Magu, reports say.

Saraki, was later interrogated by another panel led by a Deputy Superintendent of Police, Yahaya Bello.

SGBN, which began operation few months ago, is now referred to as the Heritage Bank,

The senator, who is being investigated for the third time by the EFCC, was probed in 2004, 2010 and last year by the EFCC and the Special Fraud Unit (SFU) of the police.

Saraki reportedly arrived the commission at about 10am and left at 6p.m.


  1. What do u expect from a country where few persons are at the realms of affairs in a state… Saraki and family controls Kwara state.

  2. We need to hear of the end results of those that are tried by EFCC convicted or acquitted! EFCC are fond of investigating cases that unceremoniously die down without further revisititation of such cases.

  3. We hear of investigations of leaders that are alleged to be corrupt but we don’t hear about the penalty accrued to them for being corrupt. Sorry for Nigeria


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