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Abudal’aziz Abubakar Yari Buys House Of $1m In The US - Sahara R
eporters (Photo)
By: magbytes120 Date: June 28, 2017, 1:21 pm
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Two years after taking office, SaharaReporters can exclusively
reveal, Zamfara State governor, Mr. Abudal’aziz Abubakar Yari,
bought a property in the United States for a princely sum of
$950,000. The 2.1-acre property is located at 14800 Bowie Farm
Court, Bowie Maryland (Zip code: MD 20721) has six full and two
half bathrooms with a jacuzzi in the master bedroom.
Deed documents obtained by SaharaReporters from the Circuit
Court of Prince George’s County, Maryland, USA, denote Mr. Yari
as the sole owner of the property, which was purchased from a
limited liability company, K Hovanian Hamptons, located at Creek
11, Delaware. The company used to be known as Real Property
Holding, with an address at Prince George’s County, before
changing its name on 25 January 2011.
The deed on the property is dated August 27, 2012, while the
approval of the purchase was granted on 1 November 2012 after
Yari paid the princely sum of $950,000 cash, there was no
mortgage on the property. Equally captured on the deed document
is the sum of $5,225, which was described as “recordation of tax
paid” and $13,300, described as “transfer tax paid”, both
offering indications that Mr. Yari operated a foreign account in
clear breach of Code 3 of the Code of Conduct Bureau.
A real estate property tax information obtained by
Saharareporters from Prince George’s County shows that Governor
Yari paid taxes on the property up till date, his 2017 estate
tax was $16, 583.10.
Mr. Yari bought the property after his fraudulently awarded
N25billion in road contracts in Zamfara in 2012.
The code of conduct law expressly prohibits certain public
officials from operating bank accounts in any country outside
Nigeria. These include the President, Vice President, governor,
deputy governor, ministers, commissioners, members of the
National Assembly and the Houses of Assembly of the States.
According to the deed document, Mr. Yari signed the agreement in
person, with Kimberley Armstead a notary public of Montgomery
County State of Maryland, serving as a witness.
In May, this website exclusively reported that Mr. Yari,
Chairman of the Nigerian Governors’ Forum, is building a
100-room hotel in Lekki, Lagos, with the $3million he stole from
the Paris Club loan refund to states. Aside from the $3million,
Mr. Yari was also found to have diverted the sum of N500million
from the Paris Club refund to pay off a loan. He was said to
have withdrawn N500million from the N19billion Paris Club refund
illegally paid into the account of Nigerian Governors’ Forum as
payment to “consultants”. He deposited the stolen sum into a
bank account with a mortgage bank from which he had taken an
N800million loan to buy properties in 2013. This move,
SaharaReporters learned, enabled him to renegotiate his debt
from N800million to N500million.
Mr. Yari is thought to have trousered the sum of N2.2billion
from the sum illegally diverted into the Nigerian Governors’
Forum Account by the Federal Ministry of Finance. The Senate
President, Mr. Bukola Saraki, and his cronies also benefited to
the tune of N3.5billion from illegal diversion, which is being
investigated by the EFCC. Officials of the anti-graft agency
told SaharaReporters in May that Mr. Yari’s hotel, which is
under construction, has been listed as a proceed of crime and
will be taken over once the EFCC obtains a court order.
Mr. Yari has denied ownership of any hotel in Lagos, claiming he
does not even own a plot in the Nigeria’s commercial capital.
In 2017 over 1000 persons died as a result of a meningitis
epidemic with Mr. Yari’s Zamfara leading in the number of
deaths. At the peak of the epidemic, Yari reportedly said the
epidemic was the punishment from God against his people for
their sins.
HTML http://saharareporters.com/2017/06/28/how-zamfara-gov-abdulaziz-yari-bought-1m-us-mansion-kept-foreign-accounts-two-years-after
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