$1.5m Dubai Assets: DHQ to Decide Army Chief’s Fate
Category: Nigeria National News
The Presidency has left the Defence Headquarters (DHQ) to determine
Chief of Army Staff Lt.-Gen. Tukur Buratai’s fate, following the outcry
over his $1.5 million Dubai property.
PRNigeria, the military under-cover media machinery, yesterday said
the government investigated and cleared Lt.-Gen. Buratai over his
assets.
Although the platform was silent on whether it was the Ministry of
Defence or the DHQ that cleared Gen. Buratai, it said the nature of his
offshore investments was based on capital market principles of
shareholding.
Gen. Buratai has been under attack for allegedly buying two property in the United Arab Emirates (UAE).
The property are allegedly owned by the top soldier and his two wives.
A source, who spoke in confidence, said: “The Presidency has asked
the Defence Headquarters to handle issues on some assets traced to
Lt.-Gen. Buratai and his wives in the UAE.
“The DHQ will determine his fate on whether or not he has violated any law and if he has to be sanctioned or not.
“Whatever the DHQ’s findings will be forwarded to the
commander-in-chief. Let the military conduct its findings in line with
its rules and regulations.”
But, according to PRNigeria, the government looked into the allegations against Buratai and cleared him of any fraudulent deal.
It said the discreet probe of Buratai indicated that he and his wives
only bought shares in some companies instead of wholly owning the
property
The PRNigeria said: “The capital market principle that governed the
property in issue, as it was found by investigators, was akin to having
shares in companies instead of wholly owning the property.
“The government, after investigating a recent media report over the
acquisition of properties in Dubai, United Arab Emirates (UAE) by
General Buratai, discovered that he and his wives invested as
“shareholders” like many other persons in the property mentioned in the
publications and were not the sole owners.”
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