7 Ex Governors, Ex Ministers to Lose $200bn Loot Stashed in Dubai


The President Muhamadu Buhari-led administration is dedicated to recovering loot stolen from Nigerian politicians in the past, and so far has made tremendous success in gathering tons of lost wealth. To add to the recovered wealth of the country, the following people, who stole money from the country’s purse would be loosing a collective sum of $200b loot which was hidden in Dubai, United Arab Emirates (UAE).
According to the Nation’s reports, the culprits include Seven ex governors of Nigeria, six former ministers, a presidential aide, agents of some of these public officers and five chieftains of the Peoples Democratic Party (PDP).
The mentioned individuals were said to have taken away the countries resources and invested them in banks and acquiring properties in the UAE.
Read Also: Those Asking Me For Abacha’s Loot Are Stupid — Obasanjo

”Some of the former governors include one from the South-South, two from North Central, two from the Northeast, one from the Northwest, and one from the Southwest,” someone familiar with the matter said. One of the former ministers, who was alleged to own two houses in Dubai, was said to have served as a front for a former First Lady. Another ex-minister had bought some malls through a few cronies in Dubai. The list of such agents is being screened.

“Certainly, the anti-graft agency has tightened the noose on these former public officers and there is no hiding place for them. “The success of the collaboration between the Federal Government team and the UAE Government will determine when EFCC will release the concessions on some of these PEPs. Very soon, we will unveil these ex-political office holders.”

The more stolen monies recovered in Nigeria, the better the economy would be. Hopefully, with the loot in Dubai and those in Switzerland among other foreign countries restored, Nigeria would be wealthy again.