4 Reasons Why Nigeria’s Treasury Looters Prefer to Hide in Dubai

4 Reasons Why Nigeria’s Treasury Looters Prefer to Hide in Dubai

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It is not uncommon in African countries (Nigeria included) for government officials to loot the treasury they’re in charge of and then zoom out of the country when things get heated up.

  • The UAE according to a report from Premium Times, has a particular appeal for former and serving Nigerian government officials because until Tuesday, Nigeria had no extradition agreement with the country.

  • Also, intelligence also suggested that corrupt officials fleeing from trial prefer the country because of its opulence, cosmopolitan allure and abundance of sun.

  • It is believed that they have largely avoided Western countries because of the harsh winter cold, their strong anti-corruption postures and the fact that Nigeria has subsisting extradition agreement with some of them.

  • They have also stayed away from South American countries, such as Venezuela, which do not have extradition treaties with Nigeria, largely due to language barrier.

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