EFCC seals Dubai firm linked to Buratai’s property over ‘$200bn scam’
The Economic and Financial Crimes Commission (EFCC) says it has sealed off the Abuja office of First Group, a Dubai firm, for alleged $200bn scam.
The anti-graft agency disclosed this in a statement on Wednesday.
The firm is allegedly involved in the purchase of property in Dubai by Tukur Buratai, lieutenant general and chief of army staff.
“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 EFCC today, July 13th 2016, stormed the office of a Dubai property firm, The First Group Company, in Abuja,” the statement posted on the Twitter handle of the EFCC read.
“The EFCC team raided the company’s seventh-floor office at the Bank of Industry building in the Central Business District of the Federal Capital Territory after obtaining a search warrant.
“The company is also being investigated for allegedly defrauding unsuspecting Nigerians by luring them to invest in real estate in Dubai.
“A prominent Nigerian is alleged to have lost about $402, 000 in a phony real estate transaction with the company.”
All in an effort to destroy evidence of COAS’ ownership of property in Dubai. Owning properties is not the issue but how they got the money and how much tax these owners paid to Nugerian goverment.