URBANEXPRESSLIVEURBANEXPRESSLIVEURBANEXPRESSLIVE
  • Home
  • Politics
    Politics
    “Followers who tell the truth, and leaders who listen to it, are an unbeatable combination.”— Warren Bennis
    Show More
    Top News
    National Economic Council Meeting In Aso Rock Saw In Attendance Ibas, Rivers Sole Administrator
    April 24, 2025
    APC Primary:  Lagos Mainland, Yaba Decisions Attract Protest Over Alleged Imposition of Candidates
    May 11, 2025
    Ardo, Atiku Opposition Coalition Seeks New Party, ADA Registration From INEC
    June 20, 2025
    Latest News
    Not Quicksand, We’re Building Nigeria’s Economy On Concrete-Tinubu
    October 1, 2025
    While Bandits Take Over Kwara, Onanuga is Busy Attacking Jonathan-Rufai Oseni
    September 30, 2025
    2027:  Presidency Fumes over Jonathan’s Rumoured Ambition, Says ‘’Court Will Decide
    September 30, 2025
    Without Kwankwaso, APC Can Win Kano, Party Chieftain Tells Tinubu
    September 29, 2025
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Search
  • Advertise
© 2024 Urbanexpresslive. All Rights Reserved.
Reading: Real Estate Now Conduit Pipe For Money Laundering In Nigeria-Patrick Doyle Alleges
Share
Notification Show More
Font ResizerAa
URBANEXPRESSLIVEURBANEXPRESSLIVE
Font ResizerAa
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
Search
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
URBANEXPRESSLIVE > web-Page > Entertainment > Real Estate Now Conduit Pipe For Money Laundering In Nigeria-Patrick Doyle Alleges
Entertainment

Real Estate Now Conduit Pipe For Money Laundering In Nigeria-Patrick Doyle Alleges

urbanexpresslive
Last updated: March 28, 2025 8:39 pm
urbanexpresslive
Share
2 Min Read
SHARE

Olusegun Ariyo

Veteran Nollywood actor Patrick Doyle has claimed that the real estate industry has become a front for financial crimes in Nigeria.

He alleged that real estate is the leading form of money laundering in the country.

He made the allegations in a recent interview on Echo Room, hosted by Quincy Jones.

Doyle said, “If you go to Abuja and many estates in the Lekki corridor, you will see plenty of houses completed and uninhabited. So, if it’s the prices that are too high, how come people are still building and they are not being occupied? That should tell you something.

“It’s funny because real estate has become one of the leading forms of money laundering. A lot of it is illegal money finding expression in the construction industry.

“It’s artificial. It beats my imagination how we have so many uncompleted buildings in a place where there is a shortage of housing for people. But there are a lot of empty estates. Go to Abuja, it’s crazy.

“That only tells you that people are just using money that has been stolen to store up value, hoping that one day they will sell. Didn’t you hear about the man who has about 7,000 apartments in one estate in Abuja? It’s better to use the money to build something than to store it in the house where rats are.”

You Might Also Like

Real Reason I Rap In Igbo-Phyno Speaks

Bobrisky Narrates Experience, Says UK Man  Shares Bills Among Themselves, Broke

Wonderful Time it was-Chloe Bailey Speaks On Dating Rumors With Burna Boy

Benue: Nigerians Yet To Know That We’re At War In Benue- OAP, N6

VeryDarkMan’s Release: Falana Contacts EFCC Amidst Legal Battle

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Nursing School in Delta Bows, Withdraws Query Issued Student In Reaction To Video Posted On Social Media
Next Article Soldiers, Shi’ites Clash During Free Palestinians Protest
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

UCL: Real Reason: Barcelona Lost 2-1 Against Us-PSG Manager, Luis Enrique
Urban Sports October 2, 2025
UCL: He Has Good Strength: Enrique Picks PSG Player, He’s Lucky To Have
Urban Sports October 2, 2025
How Ecobank Design, Build Initiative align Perfectly With Lagos Vision of Modern, Livable,  Sustainable Lagos-Babajide Sawo-Olu
Urban Sports October 2, 2025
EPL:  They’ve Wonderful Squad’’-Shay Given Names Team To Win Title This Season
Uncategorized October 2, 2025
Executive Master of Transport Management
//

UrbanExpressNews is Nigeria Most Reliable Online News, With Quality Pedigree of Writers made available on the online space.

Download Our App

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

info@urbanexpresslive.com

 

Follow US
© 2024 Urbanexpresslive. All Rights Reserved.
Welcome Back!

Sign in to your account