President of the Nigerian Senate, Bukola Saraki has insisted that he has fully complied with the provisions of the law on declaration of assets by public officers.
Apparently reacting to the claim stated in the Panama-based offshore provider, Mossack Fonseca and shared by the International Consortium of Investigation Journalists (ICIJ), wherein it was argued that he failed to declare assets owned by his wife, Toyin Saraki, in secret offshore territories, the Senate President posited that he has in his different asset declarations included properties owned individually by himself and his wife.
Saraki in a statement by his Special Adviser Media and Public Affairs, Yusuph Olaniyonu, the property in question formed part of Saraki’s wife family asset.
The property in question forms part of Dr Saraki’s wife’s family asset. It is public knowledge that Mrs Saraki comes from a family of independent means and wealth with numerous and varied assets acquired over decades in family estates and investments.
‘Furthermore, the law only requires a public officer to declare both his own assets and those held by his spouse and his children under 18 years of age. The law does not require a public officer to declare assets held by the spouse’s family.
‘It is not expected by the law that a public officer should declare such assets held in the spouse’s family estate.
‘Indeed, the Code of Conduct form does not make provision for the declaration of spouse’s family assets,’ the statement added.