ElizaBeth R

Oasis medspa

Tuesday, 19 January 2016

Nigeria Signs Bilateral Agreements With UAE On Recovery Of Stolen Funds

 President Muhammadu Buhari led government, on Tuesday, signed different bilateral agreements with the United Arab Emirates, UAE.




The agreements were essentially on trade, finance and judicial matters.
While the agreement on trade was to promote investments and business dealings amongst the two countries, the judicial bilateral agreement would also enable the country to extradite, or transfer sentenced persons.


The signing of the agreement in Abu Dhabi was witnessed by President Buhari and the Crown Prince of the United Arab Emirates, Sheikh Mohammed Bin Zayed Al Nahyan.

A statement by the special adviser to the President on media and publicity, Mr. Femi Adesina from UAE stated that Nigeria’s Ministers of finance, Trade/Investment, and Justice singed the respective agreements on behalf of Nigeria’s government.

“Nigeria’s Minister of Finance, Mrs Kemi Adeosun and the UAE Minister of State for Financial Affairs, Obaid Attayar signed the Avoidance of Double Taxation Agreement, while the Minister of Trade and Investment, Mr Okechukwu Enelamah signed the Agreement on Trade Promotion and Protection with the UAE Minister of State for Financial Affairs.

“The Minister of Justice, Abubakar Malami and his counterpart in the United Arab Emirates, Sultan Bin Saeed Albadi signed the Judicial Agreements on Extradition,Transfer of Sentenced Persons, Mutual Legal Assistance on
Criminal Matters, and Mutual Legal Assistance on Criminal and Commercial Matters, which includes the recovery and repatriation of stolen wealth”, the statement said.

culled:vanguardng.


Chei another no go area for looters oooooh.



26 comments:

Anonymous said...

All those looted funds and no where to run

Bootylycious diva said...

Story for the gods

Yemi7up said...

So much of Nigeria money hidden in that country.

Bootylycious diva said...

The looted funds wey dem Atiku don take build sky scrapers for jumeriah ,Atiku wey me see with my two kurukuro eyes for mall of emirates in 2013 with two body guard ,dh dey form star struck na so body guard block am from greeting the man ,for that man to get that kind power for uae u think say na small money him don invest,Buhari go back home and start the maths from 1+1 all those looted funds have been invested in malayisa uae singapore and even america and europe

Default Smile said...

Uhmmmmmm


95th comment 2016

50 Shades of Awesomeness said...

Eyyah

Nkem said...

Chai! Baba mean business. I commend his efforts, some of the money he can recover will help fund one or two things in the budget. I only wish he would delegate more and pay some attention to the economy.

Anonymous said...

Fayose has been taking money there too. He has properties there, in the UK and some of these Asian countries. China, Singapore or Malaysia. He has been very busy stashing his loot there in readiness for his second impeachment. Oh yes he knows it will come sooner or later and he's determined that the second impeachment won't catch him unawares - broke and unprepared- like the first time.

Misy queend said...

Nice one

Anonymous said...

BREAKING NEWS:Governor Fayose Disappears From Ekiti again!

Like a walking shadow or a vagabond musician, Governor Ayodele Fayose
has disappeared from Ekiti State again barely two weeks after a Dubai
trip that set tongues wagging in the Government House about a missing
N250m.

This time again, the governor has jetted out of the country in his
routine trips to ply a trade he so much worked for and he is now
reaping the benefits.
Just back from his Christmas and New Year trip from Dubai over which
he collected N250m for 10 officials as travelling expenses but was the
only one that made the trip, it is now obvious that his Sunday flight
to Dubai is a confirmation that if something is not pursuing Governor
Fayose, he is definitely pursuing something, going by his disappearing
acts of recent.
Since he came back from his controversial trip from Dubai over which
tongues wagged because he allegedly took huge sums of Ekiti State
money with him, Fayose has been behaving funny.
His first action that signalled that all was not well with him was
that he unusually and tactically handed over state functions to his
Deputy, Kolapo Olusola, whom he had since relegated to the background
in state matters by not giving him any sensitive assignments in
government since they were sworn in on October 16, 2014.

Fayose's "generosity" towards his once redundant deputy governor is
seen as strange by those who had worked with Fayose, and know him very
well as somebody who will never delegate his authority under any
condition. Hence, when he told the Local Government Chairmen that they
should henceforth be relating to the Deputy Governor on official
engagements as he will not be available most of the time to attend to
state functions, many people were surprised.

The first sign that he would no longer be present at state functions
manifested in his absence at the Armed Forces Remembrance Day ceremony
where he was constitutionally required to lay a wreath to honour the
dead soldiers. Instead of attending the ceremony, Fayose was holed up
in his Afao Ekiti country home from where he now rules Ekiti State,
having abandoned the Government House and Governor's Office to attend
to state official duties.
At the laying of wreaths for the Nigerian Fallen Heroes on January 15
in Ado-Ekiti, Fayose was represented by his Deputy, signalling that it
was clear that something was amiss.
As tongues wagged about his absence at this ceremony which in the past
he would have exploited to display his usual stunts to deceive Ekiti
people, Fayose fixed a meeting with some communities and his
Commissioners at Afao -Ekiti for 4pm last Saturday Jan 16, but he
suddenly called off the meeting around 3pm and hurried out of town
with the excuse that he had an urgent call from Abuja and had to
travel immediately.
He also told his security details to give him a breathing space, as
it was obvious that he didn't want his security guards to know his
movement plans again. For now, the governor is only relating to his
trusted security aides, particularly Gbenga Joseph, who led the
governor's killers squad during his aborted first tenure between 2003
and 2006. He specially requested for Gbenga Joseph and his gang's
transfer to Ekiti again after he became Governor in 2014. One of the
members of the gang he influenced their posting from Abuja during the
era of former President Jonathan is one Shaba who was among other
policemen indicted for political assassinations in Ekiti State by a
Presidential Panel of Enquiry set up by ex-President Olusegun
Obasanjo.
In a manner suggesting that the governor is greatly troubled, he also
directed that his puppet House of Assembly, which was expected to
resume legislative business this week, should wait till February.
However, The Monitors has confirmed that Fayose didn't travel to Abuja
as he claimed, but was in an undisclosed location where he asked some
of his aides to bring huge sums of money to him. The money was
contained in three big Ghana-must-go bags in N1,000 denomination.

Anonymous said...

In a manner suggesting that the governor is greatly troubled, he also
directed that his puppet House of Assembly, which was expected to
resume legislative business this week, should wait till February.
However, The Monitors has confirmed that Fayose didn't travel to Abuja
as he claimed, but was in an undisclosed location where he asked some
of his aides to bring huge sums of money to him. The money was
contained in three big Ghana-must-go bags in N1,000 denomination.
Fayose was frantically calling his aides on phone and monitoring their
movement until they delivered the money to him.
Next, he was sighted in Lagos where he directed that the money be
taken to one Alhaji who changed it to foreign currency with which he
reportedly travelled outside the country last night for the second
time within a month.

Anonymous said...

The questions on the lips of many keen observers and Ekiti people are:
Why is Fayose no longer comfortable staying in Ekiti and discharging
his functions as Governor? Why did he abandon the Government House
and the Governor's Office and instead chose to operate from his
Afao-Ekiti country home? Why is he in a hurry to travel out and always
conceal his movements? What is his mission with his frequent visits
abroad? Who are the people Fayose meeting abroad and for what purpose?
Is he suffering from an undisclosed ailment requiring urgent medical
attention? Why did he order his security aides to give him a breathing
space and only relating with the policemen who he used during his
aborted first term to terrorise the opposition? Why did he ask the
State House of Assembly not to resume till February?
Only time will tell, but then The Monitors shall keep you posted on
further developments as they unfold.

Tayan Taylor said...

Lmao,
Baba goslow aka tourist

Linda ikeji said...

Good to know

natt nathaniel said...

End time missing walking talking money.

Anonymous said...

Pls bubu shd focus on d country o! A few scape goats to show he's serious and then he shd move on. Create jobs etc

bitchplis (BentOuttaShape) said...

N400m bail was given to Metuh,d exact amount he collected...take d money from him n send him to prison for a loooooong time n change his name to Metuh-selah

sisi eko said...

Truth is, not all the monies will be recovered. No matter how hard they try to trace the looted funds or properties they've acquired with the funds. I think the ones who have been refunding cash to Nigeria are the recent ones wired abroad. Most of them have invested the monies into properties and it'll take a long time to establish which was from the country's fund vs personal fund.
I listened to the minister of foreign affairs yesterday, and he explained their stride in recuperating funds. To which he said that days ago, more monies have been recovered and some European countries have promised to send even more. I just tire

sisi eko said...

Taaaa.. see as I was reading, hoping to grasp a tangible reason for the assertion, and I found none. This is without substance abeg. Is there a lacuna in the affairs of the state, which found the governor lacking in his primary duties? Any that would suffice this bias and baseless propaganda? Huh?

sisi eko said...

Ahahahah make dem catch u.

OK bye

safiu muhammed said...

Mr buhari is a smart man.. Nigerian politicians own a lot of real-estates across U.A.E

Anonymous said...

Sisi Eko and General's wife.. I will like to give u head, I mean a good head to make u flow like ocean... So much like sisi eko nd general's wife.. Each time I see una comment.. My dolon dey stand gidigba.

Anonymous said...

Sisi Eko and General's wife.. I will like to give u head, I mean a good head to make u flow like ocean... So much like sisi eko nd general's wife.. Each time I see una comment.. My dolon dey stand gidigba.

Anonymous said...

Sisi Eko and General's wife.. I will like to give u head, I mean a good head to make u flow like ocean... So much like sisi eko nd general's wife.. Each time I see una comment.. My dolon dey stand gidigba.

Mao Akuh said...

Nice move

sisi eko said...

Ewooooo.. Ahahah.

I don run ooo.. wetin be dolon?