Millions Of Dollars Meant For Boko Haram Fight Invested In U.S. Luxury Real Estate Tied To Ex-Nigerian Security Adviser, Sambo Dasuki, Allies
A report has exposed a web of corruption involving former Nigerian National Security Adviser, Sambo Dasuki, and his associates.
Dasuki, who was previously charged with diverting billions of Naira meant for the fight against Boko Haram insurgents, has now been linked to the investment of millions of dollars in luxury real estate in the United States.
The report by the Platform to Protect Whistleblowers in Africa (PPLAAF) claims that tens of millions of dollars were laundered through the U.S. real estate market, with Dasuki’s associates, Robert and Mimie Oshodin, purchasing properties in Los Angeles, California, and McLean, Virginia.
The Oshodins received at least $27 million from Dasuki’s office and invested similar sums in U.S. real estate.
This scandal highlights the ongoing issue of corruption in Nigeria, with estimates suggesting that around NGN 675 billion was paid in cash bribes to public officials in 2019, equivalent to 0.52% of the country’s GDP.
The Nigerian real estate sector has also been identified as a hub for money laundering, with illegally acquired funds being used to purchase properties.
The report has sparked outrage, with calls for greater transparency and accountability in Nigeria’s government.
The U.S. has also been urged to take action to prevent its real estate market from being used for money laundering.
