The Chairman of the Presidential Advisory Committee Against Corruption, PACAC, Professsor Itse Sagay, has clarified the investigation process of the Economic and Financial Crimes Commission (EFCC) being carried out on the Senate President, Bukola Saraki.

Sagay explored that the anti-graft agency was probing Saraki for reported accretion of possessions through an illicit means. But not the false declaration of property, in which he had been absolved by the courts.

EFCC sealed off some of Saraki's assets situated in Ikoyi, Lagos State last week, which was to investigate his tenure as the Kwara state governor from 2003 to 2011.

Saraki declared this anti-graft agency's move as a witch-hunt, asserting that the said property had been investigated by the agency several times in the past.

PACAC's chairman thereby affirmed: “The investigation is not over. The earlier one was the issue of false declaration of assets. What they are doing now is acquiring properties by fraudulent means and siphoning money from the state.

“So, it is a totally different charge. Although, he was cleared up to the Supreme Court on the issue of declaration of false assets, this one is different.

“That the court declared that a case is not proved does not mean that there is no guilt. So, this is a second approach, which permits the agency to actually have the property forfeited without proving guilt.

“All he has to do is to go through the first process of temporary forfeiture and then, the owner of the property (in this case, Saraki) will be invited by the court through an order to come and justify how he acquired the property, usually by affidavit.

“So, the two parties will come and if he cannot establish satisfactorily to the court that he earned the money by which he acquired the property, then he will lose it to the Federal Government.”