$200bn Scam: EFCC Seals Off First Group Company, a Dubai firm's office in Abuja

As part of the ongoing probe of the laundering of over $200billion loot in the United Arab Emirates (UAE) by former political office holders, operatives of the EFCC yesterday, July 13th 2016, stormed the office of a Dubai property firm, The First Group Company, in Abuja. 

The EFCC team raided the company’s seventh-floor office at the Bank of Industry building in the Central Business District of the Federal Capital Territory after obtaining a search warrant. 

The company is also being investigated for allegedly defrauding unsuspecting Nigerians by luring them to invest in real estate in Dubai. 

BREAKING!!! Akpabio, Six ex-Governors, others to lose loot kept in Dubai

...EFCC chair, minister off to retrieve cash


All seems set for the repatriation of over $200billion stashed away by some former governors, ex-ministers and other public officers in the United Arab Emirates (UAE), The Nation reports yesterday.

Some mansions belonging to some former Politically Exposed Persons (PEPs) and their cronies or fronts may also be seized, a source said.

Under the searchlight for stashing away cash or acquiring properties in the UAE are seven former governors, six former ministers, a fleeing presidential aide implicated in the $2.1billion arms deals, ex-military chiefs under probe, agents / fronts of some of these public officers and five chieftains of the Peoples Democratic Party(PDP).