Barely two weeks after the signing of six agreements with the United Arab Emirates (UAE), the Federal Government has initiated moves to seize assets of a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke and four others in Dubai.
The others are: a former Managing Director of the defunct Oceanic Bank, Mrs. Cecilia Ibru, a former Minister of the Federal Capital Territory, Sen. Bala Mohammed and his son, Shamsudeen.
The Economic and Financial Crimes Commission (EFCC) has traced eight choice assets to Mrs. Ibru and two to the ex-Petroleum Minister.
Although the ex-FCT Minister and his son are on the Federal Government’s list, their Dubai houses are yet to be listed. The investigation is on.