7 Former Governors Set To Lose Assets In Dubai

The coast is clear for the Federal Government to seize assets of 22 politically exposed people and businessman in Dubai, following the signing of a pact with the United Arab Emirates (UAE) on Thursday.

All the 22 former political leaders and businessmen, are currently being investigated by the Economic and Financial Crimes Commission (EFCC).

According to The Nation, the ratification of the six agreements between the two countries delayed the seizure of the assets.

Those under investigation include: seven former Governors, seven ex-Ministers, four businessmen, a former chieftain of the Peoples Democratic Party (PDP), a former Comptroller-General of the Nigerian Customs Service, a former presidential assistant indicted in the $2.1billion arms deals and a former First Lady who allegedly used fronts to acquire some choice properties.

“With the signing of the agreements, a major hurdle has been cleared and this will enable us to proceed with the application for the seizure of the assets of more than 22 highly-placed Nigerians who have been under probe for alleged money laundering.

“Before the pact, the UAE law mandates any foreign anti-graft agency to seek the consent of the owner of any property being verified before you can have access to same. But now, the anti-graft agencies in Nigeria can send a list of suspected assets to the UAE authorities through the Ministry of Justice and the Ministry of Foreign Affairs and the Mutual Legal Assistance will be invoked.

“Our task is made easier because the Land Registry System is digitalised in a manner that it will not take five minutes to obtain information on anyone suspected of money laundering.

“The onus is on us to present sufficient facts on why some of these assets should be seized. We will show evidence of corrupt practices, the laundering of public funds and the purchase of the suspected assets with looted funds,” a source, who pleaded not to be named, said.

Responding to a question, the source added: “The EFCC has secured Mareva Injunction to freeze some foreign accounts and seize some assets linked with some of these highly placed Nigerians in some jurisdictions.”

Some of the off-shore financial institutions, where accounts are frozen, include BNP Paribas (Switzerland), LGT Bank (Switzerland), Standard Chartered Bank (London),Barclays Bank (London), Standard Energy (Voduz, Switzerland), HSBC (London), Corner Bank (Lugano, Switzerland) and Deutsche Bank (Geneva).

Comments

Stevie Wonder throws 'swaggy 16th birthday' party for his son, buys him a Mercedes

R&B icon Stevie Wonder, whose son Kailand turned 16 on Saturday had a 'swaggy birthday' ceremony for his son at the Belasco Theatre in Los Angeles. The famous singer lit up the house with his rendition of his famous “Happy Birthday” song before his son's favourite rapper, Travis Scott performed at the bash. Stevie who divorced Kailand’s mother in 2015 after 14 years of marriage, presented him with a brand new $150,000 Mercedes Benz SUV. The birthday party was attended by Kailand’s mom Kai Milla Morris, Kailand’s 12-year-old brother Mandla Kadjay Carl Stevland Morris, Celebrity kids on the guest list included Toni Braxton‘s son Diezel, 14, and rocker Travis Barker‘s kids, son Landon, 13, and daughter Alabama Luella Barker, 11. Kailand's mother Morris also distributed mock weed candy called “Koko Nuggz,” a THC-free gourmet chocolate shaped like cannabis buds as give away to the guests in the building. More photos below..

Amber Rose is photo'd out wearing a pink onesie that generated controversy with fans saying she looks like a thot

Amber Rose was photographed leaving a dermatologist center in Beverly Hills just hours before the VMAs and she was dressed in a pink onesie that hugged her curves in an unflattering way. The outfit was so snug, it outlined every curve and dip on her body. Her ample cleavage was also on display. She later took to Instagram to share a video of herself getting injected in the face with botox. Fans called her out for the video, saying she doesn't need all that at her age. The photo of her leaving the clinic also received criticisms. Some said she looks like a thot. Others said she looks way older than 33 and even compared her to 44-year-old Gabrielle Union, saying she looks older than the actress who is 11 years her senior. See the photo below.

iPhone 8 Launch Set for September 12 as Apple Sends Press Invites

Your wait for the next iPhone is almost over. Apple on Thursday sent out media invitations for its next major event on September 12 at the Steve Jobs Theater at its new campus in Cupertino. The company is widely expected to unveil the iPhone 8, among other products, at the much anticipated event, ten years after the original iPhone was launched. At the event, the Cupertino-headquartered company is expected to announce as many as three iPhone models, including a high-end iPhone 8. The company is also expected to announce an upgrade to its Apple TV media streaming device, bringing support for 4K and HDR technologies. The new iPhone models are expected to not feature the traditional Touch ID fingerprint scanner, and instead house 3D sensors to enable facial recognition feature. Apple made the fingerprint scanner popular on smartphones, so it will be interesting to see how the company attempts to set the next trend for authentication on phones. According to earlier reports, the iPh...

9JA LYF...

Search This Blog