▪️ What the operations got to do with Emefiele and forex racket for Africa richest man’s $12 billion refinery
The operatives of the Economic and Financial Crimes Commission (EFCC) are currently raiding the head office of the Dangote Group in Lagos, Platforms Africa reports.
The swoop on the office of the Africa’s richest man was said to be over forex transactions with the Central Bank of Nigeria (CBN).
It was gathered that the EFCC officers are conducting a search on forex allocations to Dangote Group during the tenure of Godwin Emefiele as the CBN Governor.
The development was confirmed to Platforms Africa on Thursday by top officials of the anti-graft agency, who craved anonymity.
“Our operatives are on a search of the company.
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Quoting another report by The Star, this media group gathered that so many things went wrong with the forex transactions under the CBN.
“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,” The Star quoted another EFCC source.
The source added that the anti-graft is probing the utilisation 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 invetigative 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).
More to follow …
