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 January 31.
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 by PREMIUM TIMES as part of the Panama Papers revelations, 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 Mr. Saraki’s official asset declarations.
Previous public disclosures by Saraki have indicated he has high levels of unexplained wealth, Transparency