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Report links $1bn Dubai properties to Nigerian politicians, others

Published by Guardian on Mon, 24 Jun 2024


A total of 1,600 properties estimated to be worth $1 billion in the commercial capital of the United Arab Emirates (UAE), Dubai, have been traced to politically exposed personalities (PEPs) from Nigeria. This is according to BusinessDay after obtaining exclusive files from Economy Post detailing all the properties owned by Nigerian PEPs, their family members, civil servants, and other individuals linked with properties in Dubai. BD in the report also disclosed that PEPs from Nigeria have doubled their investment in the real estate sector of Dubai within four years. It added that the investigation is part of Dubai Unlocked, aThe post Report links $1bn Dubai properties to Nigerian politicians, others appeared first on Guardian Nigeria News.
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