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.”

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