The operatives of the Economic and Financial Crimes Commission (EFCC) on Thursday stormed the Lagos head office of the Dangote Group where officials conducted a search of the premises.
The swoop on the office of Africa’s richest man was alleged to be over forex transactions with the Central Bank of Nigeria (CBN).
It was gathered that the EFCC officers conducted a search on forex allocations to Dangote Group during the tenure of Godwin Emefiele as the CBN Governor. The development was confirmed by EFCC spokesman, Dele Oyewale who confirmed that “our operatives are on a search of the company”.
According to reports, “Dangote Group is one of the beneficiaries of forex deals by the CBN. So we are looking into the books because of discoveries of illegal transactions. So it is part of the probe of CBN under Emefiele”, says the spokesperson.
Another source close to EFCC added that the anti-graft is probing the utilization of forex made available to Dangote for the refinery project.
It was gathered that the raid may not be unconnected to the activities of Jim Obazee investigative team appointed by President Bola Tinubu to examine past financial malfeasances in the CBN as part of measures to fortify Government Business Entities (GBEs).
The investigative team was mandated to take steps to ensure the strengthening and probity of key GBEs, further block leakages in CBN and related GBEs, and provide a comprehensive report on public wealth currently in the hands of corrupt individuals and establishments (whether private or public).
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