FG Moves to Secure List of Properties Owned by Nigerians in Dubai - Uju Ayalogu's Blog for News, Reviews, Articles and More

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Wednesday 10 February 2016

FG Moves to Secure List of Properties Owned by Nigerians in Dubai

FG Moves to Secure List of Properties Owned by Nigerians in Dubai

Muhammadu Buhari

The current administration has made remarkable progress in recovering the loots of corrupt politicians invested in the United Arab Emirates.

Few weeks after President Muhammadu Buhari’s visit to the United Arab Emirates (UAE), the federal government has revealed that efforts were in top gear to secure a list of Nigerians who owned choice properties in the country from proceeds of fraud, according to Daily Sun.

Minister of Foreign Affairs, Mr. Geoffrey Onyeama, while briefing the Senate Committee on Foreign Affairs during the budget defence of the ministry, said the Nigerian government was in talks with the UAE government in getting a list of all properties owned by Nigerians.

According to him, with the presence of the new All Progressives Congress (APC) government and the change mantra, Nigeria’s diplomatic missions will be repositioned to effectively carryout their functions.

On the issue of money laundering and the role of Nigeria’s foreign missions abroad, he disclosed that the Ministry is presently engaged in the recovery of over $300 million laundered money in the State of New Jersey in the United States of America.

Meanwhile, a Senate panel has urged foreign missions abroad to be watchdogs of the federal government in its fight against money laundering which has made countries abroad their safe havens.

The recommendation was given by Senate Leader Ali Ndume during the 2016 budget defence of Foreign Ministry

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