Senator Shehu Sani representing Kaduna Central Zone in the National Assembly has said that over $200 billion was being stashed away in the United Arab Emirates, UAE, specifically, its global financial hub, Dubai, by corrupt Nigerians.
Senator Sani, chairman, Senate Committee on Foreign and Domestic Debts told reporters in kaduna, yesterday, that any corrupt person warming to President Muhammadu Buhari for cover would be exposed, investigated and prosecuted.
He said: “Corrupt Nigerians have stashed unbelievable amount of monies in Dubai alone in the name of estates acquisition, purchase of exotic houses and business partnership in the last 16 years. Some have stashed raw cash. This is why the US, and Europe are making conditions for laundering of money into their countries very difficult.
“These crooks have now found it conducive to use the Middle East and South East Asia as their destinations. They use names of their cronies, family members and friends to siphon public funds out of Nigeria.
“Some of them are APC members, who had their political upbringing in the then ruling Peoples Democratic Party, PDP.
“Sooner than later those who are parading themselves as Buhari’s friends, but are corrupt, will be interrogated, prosecuted because the President does not know friend or relation as far as the fight against corruption is concerned.”
