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Head of Nigeria’s legislature comes under probe in Seychelles-Report

Authorities in Seychelles have opened a criminal investigation into the multi-million dollar assets which Senate President Bukola Saraki and his wife, Toyin, are believed to hold through offshore shell companies in tax havens, PREMIUM TIMES can report

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Authorities in Seychelles have opened a criminal investigation into the multi-million dollar assets which Senate President Bukola Saraki and his wife, Toyin, are believed to hold through offshore shell companies in tax havens, PREMIUM TIMES can report.

Bukola and Toyin Saraki are being targeted by financial intelligence operatives for their “suspicious” use of offshore shell companies as uncovered in the Panama Papers investigation published in 2016, according to new records obtained by the International Consortium of Investigative Journalists and shared with PREMIUM TIMES and other partners.

Investigators at the Seychelles Financial Intelligence Unit said they are interested in determining whether or not Mrs Saraki stood as a front for her husband in the ownership of some of the offshore holdings linked to the family when a trove of offshore assets managed by Panamanian law firm, Mossack Fonseca, was leaked to the media.
The investigators are also working to determine if the transactions undertaken with the shell companies were used to launder funds or carry out other suspicious activities.

Two weeks after the Sarakis were exposed as owning undeclared offshore assets in violation of Nigeria’s code of conduct regulations, detectives from that country’s FIU asked Mossack Fonseca to furnish them with all documents relating to Sandon Developments Ltd, a firm registered in Seychelles under Toyin Saraki’s name.

Mossack Fonseca responded to the request on April 29, 2018, by forwarding a link to the PREMIUM TIMES article on the Panama Papers as well as all documents relating to Sandon Ltd, including international passports and business activities.

The status of the investigation, however remained unclear as there is no record of any update about it since Mossack Fonseca responded to the authorities’ requests at the end of April 2016.

Mrs Saraki registered Sandon Ltd in 2011 and used it to buy a family property at #8 Whittaker Street, Belgravia, London SW1W 8JQ.

Mr Saraki denied links to the offshore assets in 2016, saying they belonged to his wife’s family. But information obtained by PREMIUM TIMES at the time indicated that the Senate President merely used his wife as a front, and Seychelles authorities also found the denial unconvincing.

The revelations were amongst the findings of a lengthy investigation by the International Consortium of Investigative Journalists, German newspaper Süddeutsche Zeitung and more than 100 other global news organizations – including PREMIUM TIMES.

Politics

Tunisia: Presidential contender Zammel remains in detention despite being legally discharged

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After being arrested on Monday, and his release ordered by a judge on Thursday, Tunisian presidential contender, Ayachi Zammel, remained in custody as of Friday, his campaign staff reported.

Zammel is one of three candidates approved by Tunisia’s electoral commission for an Oct. 6 presidential election that opposition sources allege is rigged for President Kais Saied.

Authorities accuse him of electoral irregularities.

He was reportedly released from police custody for the first time before being re-arrested. But he remained in prison Friday, his campaign staff told Reuters. Mahadi Abdel Jawed: “Zammel was arrested minutes after his release last night.”

For next month’s election, he’s accused of fraudulent voter forms. All candidates must submit 10,000 supporter forms to run. He denies accusations.

Zammel says he is restricted and intimidated since he is a serious Saied competitor. He promises democracy, liberties, and economic recovery for Tunisia.

Saied was democratically elected in 2019, but he took power by fiat in 2021, which the opposition called a coup.

Major political forces argue that Saied’s rule has damaged Tunisia’s 2011 revolution’s democratic accomplishments.

Human rights groups and opposition parties have accused the government of employing arbitrary limitations to re-elect Saied.

Presidential elections in Tunisia are scheduled for October 6, 2024. These are the first presidential elections since President Kais Saied’s 2021 coup attempt.

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Burundi launches much-awaited demographic census

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Burundi’s National Census of the Population, Housing, Agriculture, and Livestock has begun as President Evariste Ndayishimiye urged citizens to provide accurate information to aid in project development.

The president of state urged Burundians and foreigners living in Burundi to be counted and to be truthful with information.

“Everyone must know that this census is important for the country and the population. Based on this census, we will be able to get the right state of the country, and its economic situation, and enable us to make good project plans, because it is difficult to plan for the future without knowing the current situation. I call on residents of Burundi to respond truthfully and honestly in the questionnaire because wrong information may hinder project planning,” the President said.

Census personnel, supervised by the president of the Central Bureau of the Census, Nicolas Ndayishimiye, registered President Ndayishimiye and his family at their home on Mt Vugizo in Bujumbura’s Kiriri Quarter.

Vice-President Prosper Bazombanza and his family also participated in the exercise on Monday, and he echoed the President’s message, adding that accurate data would aid in the design of education and other social services.

However, this year’s count has presented complications, with enumerators reporting difficulty locating certain residents due to abandoned homesteads.

The agents are also dealing with travel and accommodation issues as a result of delays in the disbursement of their allowances, and many have had to walk great distances during the day to reach residential neighbourhoods.

In a news briefing last week, Central Bureau of Census Director Nicolas Ndayishimiye stated that the government has set aside BIF66 billion ($22.85 million) to fund the activities, with the World Bank pledging an additional $6.5 million.

Burundi’s last population and housing census was done in 2008. The ongoing exercise is scheduled to end on September 15.

Since its independence in 1962, Burundi has undertaken three censuses: in 1979, 1990, and 2008. The country now has five provinces: Gitega, the political capital; Bujumbura, the economic capital; and Butanyera, Buhumuza, and Burunga.

 

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