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Aftermath of UAE agreement: Nigerians rush to Dubai to hide looted funds, properties
Sen. Shehu Sani

Aftermath of UAE agreement: Nigerians rush to Dubai to hide looted funds, properties

Senator Shehu Sani (APC, Kaduna Central Zone) has revealed that some Nigerians have begun to rush to the financial hub of the United Arab Emirates (UAE) to hide their stolen funds and properties following the signing of a “Judicial Agreements on Extradition, Transfer of Sentenced Persons, Mutual Legal Assistance on Criminal Matters, and Mutual Legal Assistance on Criminal and Commercial Matters, which includes the recovery and repatriation of stolen wealth between Nigeria and the UAE.

Senator Sani said he was making the revelation from the point of strength as the Chairman, Senate Committee on Foreign and Domestic Debts, as well as Vice Chairman, Senate Committee on Foreign Affairs.

In his words ““If you notice now, since the agreement, some of the corrupt persons are now rushing to Dubai to effect changes in the ownerships of the ill-gotten assets. But, they are just wasting their time.Buhari is going to recover all these monies and assets with the help of UAE”.

Sani, who was fielding questions from journalists after women supporters from his political ward paid him a solidarity visit at one of his campaign offices in Kaduna, told reporters that any corrupt person warming to President Muhammadu Buhari for cover would be exposed, investigated and prosecuted.

He said: “Corrupt Nigerians have stashed unbelievable amount of monies in Dubai alone in the name of estates acquisition, purchase of exotic houses and business partnership in the last 16 years. Some have stashed raw cash. This is why the US, and Europe are making conditions for laundering of money into their countries very difficult.

“These crooks have now found it conducive to use the Middle East and South East Asia as their destinations. They use names of their cronies, family members and friends to siphon public funds out of Nigeria.

“Some of them are APC members, who had their political upbringing in the then ruling Peoples Democratic Party, PDP.

“Sooner than later those who are parading themselves as Buhari’s friends, but are corrupt, will be interrogated, prosecuted because the President does not know friend or relation as far as the fight against corruption is concerned.”

“It was based on the information on the quantity and quality of the assets of corrupt Nigerians, that President Buhari had to sign that agreement with UAE at Abu Dhabi. I can tell you that it was smart and patriotic move.

“Let me advise the President to steer clear of hypocrites, because it is better to live with an enemy than hypocrite because hypocrite derives joy from stabbing one’s back.

“Over $200 billion Dollars are stashed away from Nigeria to Dubai alone. This may the monies stolen since in the past 20 years. I am not talking about estates and bonds and other securities bought with Nigeria stolen money”.

 

 

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