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The Economic and Financial Crimes Commission, EFCC, in one of its charges accused Saraki of declaring the asset that does not exist.
But Usoro said the commission made an error in its evidence tendered before the tribunal.

Usoro explained that according to Ugwuagu’s letter, the property on 15a Macdonald Street Ikoyi Street in Lagos has four bedroom bungalow, but that the one contained in EFCC’s charge had four bungalows and two boys quarters.

This, the principal witness who is an operative of the Economic and Financial Crimes Commission, EFCC, Michael Wetkas admitted to saying “Our investigation showed that there were three pieces of property located at McDonald road, Ikoyi, 15, block A and B, and 15b.”

Usoro while arguing that the property under contention may not be that of the Senate President said, “The description on Ugwuagu’s letter shows it does not fit the description of that on the evidence as contained in exhibit 14.”
Wetkas while responding to a question from Usoro also confirmed the difference and said, “Yes the property in Egwuagu’s letter is different from that contained in exhibit 14.

“When people buy properties, they can expand it,” he added.

The Chairman of CCT, Danladi Umar adjourned the matter till Tuesday next week for continuation of trial.

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EFCC claimed that Saraki through his companies paid a total of N522,060,000 in seven tranches for the said property which is one of those the Senate President failed to declare to the Code of Conduct Bureau while he was governor of Kwara State.
Wetkas said the property was procured in the name of Tiny Tee Limited from the Presidential Committee on the Sale of Federal Government Properties between 2006 and 2007.

He said, “The part payment was from GTB account of Carlie Properties and Investment Ltd.

“There is a draft before me for N256,300,000 which was part payment for 17, Mcdonald Street, Ikoyi, Lagos.

“There is another draft before me of N12,815,000 which was part payment for 17, Mcdonald, Ikoyi.
“There is another draft of a total of N24,090,000. That total is broken down into, N20m from Zenith Bank and N4,090,000 from GTB. The total of the two are part payment for 17 Mcdonald, Ikoyi.

“The N20m from the Zenith Bank account of Carlie Properties and Investments Ltd while N4,090,000 was also from Carlie Properties and Investment Ltd with GTB.

“There is another draft before me for N180,675,000 dated April 3, 2007. It was also part payment for 17 Mcdonald Ikoyi from the defendant’s personal account with GTB.

“I have another draft of N36,135,000 dated January 10, 2007. The draft was cleared in Carlie Properties and Investments Ltd’s account in GTB and that also forms part payment for 17 Mcdonald, Ikoyi.

“There is another draft of N12,045,000 dated January 10, 2007.”

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