Tag Archives: Owned

EFCC Seizes Three Mansions Owned By Shema

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Detained former Katsina State Governor  Ibrahim Shema’s three mansions have been seized over his alleged involvement in a N74.6billion fraud. The houses remain seized until the Economic and Financial Crimes Commission (EFCC) concludes its probe of the allegation.

Shema was subjected to another round of grilling yesterday by the commission.

Operatives of the anti-graft agency stormed Katsina on Monday following preliminary interaction with the ex-governor.

The detectives sealed off the ex-governor’s houses at 1 GRA Modoji Road, Barhim Estate, Madachi Road and Makera Estate, Kirni Road.

A source in the EFCC, who pleaded not to be named because he is not authorised to talk to the media, said: “Our investigative team on Monday grilled the ex-governor for some hours on more contracts executed during his tenure.

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EFCC seizes three mansions from Shema

FG Moves To Secure List Of Properties Owned By Nigerians In Dubai

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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. 

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. 

Credit: Sun