EFCC alleges Dasuki used part of the arms deal fund to buy properties in Dubai and London

Counsel to EFCC, Rotimi Jacobs told the Federal High Court yesterday during the bail hearing of Dasuki and 2 others that investigations by the anti-graft agency showed that the former National Security Adviser used some of the loots from the N32 billion arms deal fund to acquire properties in Dubai and London. Rotimi stated this in the counter-affidavit he presented before the court while opposing Dasuki’s bail application. The counter-affidavit in part reads

“That our investigation also revealed that the applicant transferred large sums of monies outside Nigeria and he acquired several assets in Dubai and London with these funds.”.