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Recovery of stolen funds: Nigeria signs agreement with UAE

naijalog by naijalog
January 19, 2016
in Politics
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Nigeria and the United Arab Emirates (UAE) today Tuesday January 19th in Abu Dhabi signed six agreements to enhance bilateral relations between them.
According to a statement issued by the Special Adviser to the President on Media & Publicity, Femi Adesina, the signing of the agreements on trade, finance and judicial matters was witnessed by Pres. Buhari and the Crown Prince of the UAE, Sheikh Mohammed Bin Zayed Al Nahyan.
Nigeria’s Minister of Finance, Mrs Kemi Adeosun and the UAE Minister of State for Financial Affairs, Obaid Attayar signed the Avoidance of Double Taxation Agreement, while the Minister of Trade and Investment, Mr Okechukwu Enelamah signed the Agreement on Trade Promotion and Protection with the UAE Minister of State for Financial Affairs.
The Minister of Justice, Abubakar Malami and his counterpart in the United Arab Emirates, Sultan Bin Saeed Albadi signed the Judicial Agreements on Extradition, Transfer of Sentenced Persons, Mutual Legal Assistance on Criminal Matters, and Mutual Legal Assistance on Criminal and Commercial Matters, which includes the recovery and repatriation of stolen wealth.
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