$200 BILLION LOOT: EFCC RAIDS DUBAI FIRM’S OFFICE IN ABUJA

0
619

As part of the ongoing probe of the laundering of over $200billion loot in the United Arab Emirates (UAE) by former political office holders, operatives of the Economic and Financial Crimes Commission (EFCC) yesterday stormed the office of a Dubai property firm, The First Group Company, in Abuja.

The company is also being investigated for allegedly defrauding unsuspecting Nigerians by luring them to invest in real estate in Dubai. A prominent Nigerian lost about $402, 000 (N136.6m) in a phony real estate transaction with the company, it was learnt.

Two officials of the company were arrested. They were undergoing interrogation at the anti-graft agency’s office last night. Some documents and a Central Processing Unit (CPU) containing a list of high profile patrons were retrieved by the EFCC.

LEAVE A REPLY

Please enter your comment!
Please enter your name here