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Some Corrupt Ex-politicians Paint Dubai Red With Their Loots - Politics - Nairaland

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Some Corrupt Ex-politicians Paint Dubai Red With Their Loots by victorazy(m): 8:05am On Dec 11, 2011
Corrupt Nigerian leaders have found a safe haven in Dubai, one of the seven emirates in the oil-rich United Arab Emirates (UAE), for stashing away their loot. The spendthrifts among them have also devised ways to satisfy their celebratory appetite at the drop of a hat. Sunday Sun investigation during a recent visit revealed that with tightening of the noose on slush funds in the Western world, some smart Nigerian leaders turned their focus to the delectable tourism city and business hub.

It was gathered that a former military administrator, who became an ambassador, owns a 35-storey tower named after him in the city. The structure is worth several millions of dollars.
A former Nigerian vice president also has a state-of-the-art building in the upscale Jumeirah district, close to the Atlantis Hotel, which is one of the most expensive and luxurious hotels in the world.

Among others said to own exotic structures in the Arab city are a former Lagos State governor, who is gradually emerging as a political Sheikh in Nigeria as well as a former radical Federal Capital Territory (FCT) Minister from the North. Both property are in the Deira axis of the emirate. Harried former Delta State governor, James Ibori - currently facing corrupt enrichment charges before a Crown Court in London - was equally said to have eye-popping investments there.

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