Mr. Sanusi made this call against the backdrop of inhuman treatments which Nigerians in diaspora are being subjected to on daily basis not only in South-Africa but now in Dubai, UAE.

According to him, Dubai which is generally regarded as a tourists’ haven are being turned into nightmares for Nigerians business investors, the reason he attributed to the weak foreign policy of the government.

While speaking further on the development, Mr. Sanusi declared that Nigerian business men in Dubai, UAE, have been turned into a money making machine by some UAE citizens who have figured out that Nigerian business men in that country are like ‘orphans’ whose government care less about their predicaments adding that hardworking Nigerians who had attempted to invest in the country real estate’s business are loosing their hard earned money to some UAE fraudsters masquerading as real estate agents.

Shedding more light on the purported transaction, Mr. Sanusi stated that if not for his faith in the sanctity of judiciary, he would have been duped in a multimillion naira business transaction he had with THE FIRST GROUP located at 22nd Floor Tameem House, TECOM, Dubai, UAE and its sister company, TGF PROPERTY MANAGEMENT.

“ I was approached to buy an executive suit in the First Central Tecom, Dubai, United Arab Emirates from one Ahmad Al Abdullah AlAnsaari. I made some payment through a company, their representative, named TGF PROPERTY MANAGEMENT. The agreement was that the suite will not be totally handed over to me until I finish all the payment they requested for.

“Eventually, I made the final payment of 1,597,231United Arab Emirates Durham on the Seventh of May, 2013. I was expecting them to do final hand over of all the necessary document, they did not but instead stated that the suite will be managed by another company, The Forever Green Management LLC on my behalf.

“What i saw was that they started remitting some money to me which according to them is the proceeds from the suite. I was surprised because we never discussed this and moreover, how they came about the rents for the suite was not disclosed to me. All my plea to make them do the needful and acted based on the agreement we had fell on their deaf ears. This made me to hire an attorney who engaged them in a legal battle and eventually got them to release the “Title Deed”, the document which states my proof of ownership just August, last year (2016).

“Up till now, I am still yet to take the full possession of the suite but I am confident that with the faith in God and help of my attorney, I will totally hands off these people from the property. I am saying this because I don’t want other people to make the same mistake and should be more watchful and careful as regards the people they want to be doing business with.

In a bid to get the reaction of the company regarding the allegation made by Mr. Sanusi, our correspondent sent an email to Mr. Doaa Hussein Elzawawy, the company’s Owner Service Executive whose initial reaction was to inquire about our correspondent’s relationship with Mr. Sanusi but failed to reply the subsequent messages mailed to him as the time of publishing this story.

Mr Sanusi has, however, vowed that, through the legal means he has embarked upon, he would ensure that THE FIRST GROUP gives him the total possession of his acquired suite.

By Hazeez Kolawola.

The post DUBAI PROPERTY SAGA: FG URGED TO REVIEW FOREIGN POLICY. first appeared on MegaIcon Magazine.

The post DUBAI PROPERTY SAGA: FG URGED TO REVIEW FOREIGN POLICY. appeared first on MegaIcon Magazine.

The source, a Nigerian based Engineer and Entrepreneur made this revelation against the backdrop of the experience he had while dealing with a Dubai the ‘First Group’.

According to the  source, who spoke to our correspondent via telephone conversation from his base in Dubai narrated his ordeal which ensued as a result of his desire to invest in real estate in the oil rich country.

When our correspondent sought for clarifications on what transpired in the said business transaction, he revealed: “being a legitimate business man, I have always desired to invest in real estate and having visited Dubai several times and knowing the great opportunities inherent in investing in the real estate in that country, I was happy when I had an opportunity to invest in their hospitality business, not knowing that i was dealing with people of dubious character.

“I was approached to buy an Executive Suit in the First Central Tecom, Dubai, United Arab Emirates from first group property . I made some payment through a company, the seller’s representative, named ‘TGF PROPERTY MANAGEMENT’. The agreement was that the suite will not be totally handed over to me until I finish all the payment they requested for.

“Eventually, I made the final payment of 1,597,231 United Arab Emirates Durham on the Seventh of May, 2013. I was expecting them to do the final hand over of all the necessary documents which they refused, but instead, they told me that the suite will be managed by another company, ‘The Forever Green Management LLC’ on my behalf.

The source continued : “What happened afterwards was that they started remitting some small amount of money to me which according to them is the proceeds from the suite. I was surprised because we never discussed this and moreover, how they came about the rents for the suite was not disclosed to me. All my plea to make them do the needful and acted based on the agreement we had fell on their deaf ears.

“I was left with no choice than to hire an attorney who engaged them in a legal tussle and eventually got them to release the “Title Deed”, the document which states my proof of ownership just August, last year (2016) which is three years after I made the final payment”.

“Up till now, I am yet to take the full possession of the suite but I am confident that with the faith in God and help of my attorney, I will totally hands off these people from the property. I am saying this because I don’t want other people to make the same mistake and should be more watchful and careful as regards the people they want to be doing business”, he warned.

• Hazeez Ayansola.

The post The Ordeal of A Nigerian Business Man In UAE: How I Fought  Against Real Estate Cartel In Dubai. first appeared on MegaIcon Magazine.

The post The Ordeal of A Nigerian Business Man In UAE: How I Fought  Against Real Estate Cartel In Dubai. appeared first on MegaIcon Magazine.