Looted funds, assets: FG launches fresh moves against ex-govs, ministers, senators

The Federal Government yesterday launched fresh moves to seize looted funds and suspicious assets traced to some former governors, ministers and senators in the United Arab Emirates (UAE).

The Attorney-General of the Federation, Mallam Abubakar Malami (SAN), and the Acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu, left for Dubai last night to finalize the forfeiture process.

The number of the affected Politically Exposed Persons (PEPs) under probe were said to be over 20.

Although the names of those implicated were kept under wraps as at the time of filing this report, checks revealed the following: a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke; a former Managing Director of the Pipelines and Product Marketing Company (PPMC), Mr. Haruna Momoh(eight suspected assets in Dubai ); a former Managing Director of the defunct Oceanic Bank, Mrs. Cecilia Ibru; a former First Lady; Senators involved in London-Paris Club scandal; ex-PDP National Chairman; ex-CG of Customs; a former Special Assistant on Domestic Affairs to a former President; about nine ex-governors and six former ministers.

The Nation, March 10, 2018

 

 

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