- Over 22 Nigerians with properties in the
United Arab Emirates (UAE) are currently
under the watchful eyes of the EFCC
- Assets of some of those already under
watch could be seized when EFCC finishes
analyzing the data in its possession
- Those under watch include some politically
exposed persons and business people
Anti-corruption body Economic and
Financial Crimes Commission (EFCC) has
acquired full list of names and other
information of Nigerians who have
questionable properties in the UAE.
The Commission received a database of
assets which are suspected to have been
acquired with looted funds by former and
others close to political power.
The Nation reports that the EFCC is presently
analysing the data and funds linked to those
under probe may be seized.
The Commission has also placed over 22
politically exposed persons and
businessmen in Dubai under watch as a
result of the information it has received.
An unnamed EFCC source said: “In line with
its Beneficial Ownership laws, we have
already a database of Nigerians with assets
in the United Arab Emirates, including
properties of some high-profile Nigerians
under investigation.
“We are already studying the database in
line with our ongoing investigation and
profiling. We have a long list of some
politically exposed persons and
businessmen under probe.
“The signing of the agreements between
Nigeria and the UAE by President
Muhammadu Buhari last week has opened a
robust vista which will hasten our
identification and attachment of the
suspicious assets.
“It is time to set out for work. You will recall
that over N1.34 trillion was stolen by public
officers in seven years. We will trace some of
these funds and the assets acquired with
them in UAE.”
The source added: “We will not release the
list now but already we have initiated action
on some suspects.
“Actually, there is no hiding place for any
looter from Nigeria in UAE again. In May
2016 at the Anti-corruption Summit in
London, the UAE joined the league of 29
nations which will share where lists of
beneficial owners.
“The UAE has also strengthened its anti-
money laundering (‘AML’) regulations.
Therefore, the environment is conducive
now to track the suspects on our radar.
“The Jebel Ali Free Zone Authority (JAFZA)
also operates a commercial register where
you can easily identify companies and
investors in UAE.”

https://www.naij.com/1123243-efcc-acquires-data-nigerians-assets-uae-places-22-watch.html

Let EFCC also place all banks CEO under watch . They are the most corrupt elements in the system.