The ratification of the six agreements between the two countries delayed the seizure of the assets.
Under investigation are:
- Seven former governors, include one from the Southsouth, two from Northcentral, two from the Northeast, one from the Northwest, and one from the Southwest
- Seven ex-ministers,
- Four businessmen,
- A former chieftain of the Peoples Democratic Party (PDP),
- A former Comptroller-General of the Nigerian Customs Service,
- A former presidential assistant indicted in the $2.1billion arms deals and
- A former First Lady who allegedly used fronts to acquire some choice properties.
Two of the assets have been traced to a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, who was implicated by the United States Department of Justice as a beneficiary of $1.5billion laundered cash.
Assets of some business associates of the ex-minister may also be attached, a source close to the investigation said.
Also under searchlight are about five luxury properties allegedly linked with a former official of the defunct Oceanic Bank.
The Chairman of the Senate Committee on Foreign and Domestic Debts, Senator Shehu Sani said over $200 billion had been hidden in UAE.
He said: “Over $200 billion is stashed away from Nigeria to Dubai alone. This may be the monies stolen since in the past 20 years. I am not talking about estates and bonds and other securities bought with Nigeria stolen money.
