 |
| President Buhari in UAE |
Nigeria has reached a Mutual Legal Assistance agreement
on Criminal and Commercial Matters with the United Arab Emirate. This empowers
the UAE government to return monies hidden or invested in banks and real
estates in their country when traced to corrupt Nigerian officials as well as extradition
of such persons. The accord was among a series of other bilateral agreements
signed by the Nigeria President’s delegation on his trip to the UAE during the World
Energy Forum.
Other agreements signed with the government of UAE
included: Avoidance of Double Taxation Agreement, Agreement on Trade Promotion
and Protection, Judicial Agreements on Extradition, Transfer of Sentenced
Persons.
According to PREMIUM TIMES, three of these
agreements – the Judicial Agreement on Extradition, Transfer of Sentenced
Persons and Mutual Legal Assistance on Criminal and Commercial Matters – are
particularly giving those who may have hidden their ill-gotten wealth in the
country a lot of worries. News of the agreement is said to have sent panic to
most of them whom have been investing heavily in the oil rich country due to
its attractive posh properties and lifestyle.
0 comments:
Post a Comment