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FX Allocation: EFCC Operatives Storm Dangote Head Office In Lagos

Kazeem Tunde
1 Min Read
Captions Pic 6 Head Office Complex of the Economic and Financial Crimes Commission (EFCC) inaugurated by President Muhammadu Buhari in Abuja on Tuesday (15/5/18) 02538/15/5/2018/Callistus Ewelike/NAN Pic 7. From left: Secretary General, Commonwealth Agencies of Africa, Ms. Patricia Scotland; Former President of South Africa, Mr Thabo Mbeki; President Muhammadu Buhari and the Chairman, Economic and Financial Crimes Commission (EFCC) Mr Ibrahim Magu during the inauguration of EFCC Head OFFICE Complex in Abuja on Tuesday (15/5/18) 02539/15/5/2018/Callistus Ewelike/NAN Pic 8. From left: Secretary General, Commonwealth Agencies of Africa, Ms. Patricia Scotland; Former President of South Africa, Mr Thabo Mbeki; President Muhammadu Buhari; Speaker, House of Representatives, Yakubu Dogara; Secretary to the Government of the Federation, Mr Boss Mustapha and the Chairman, Economic and Financial Crimes Commission (EFCC) during the inauguration of EFCC Head OFFICE Complex in Abuja on Tuesday (15/5/18) 02540/15/5/2018/Callistus Ewelike/NAN

FX Allocation: EFCC Operatives Storm Dangote Head Office In Lagos

Operatives of the Economic and Financial Crimes Commission have besieged the Head office of the Dangote Group of Companies in Lagos State.

It was gathered that the search, which commenced at the company’s head office in Lagos around 3 p.m. on Thursday is still ongoing as of the time of filing this report.

A source, who spoke on condition of anonymity, revealed that the EFCC is probing the foreign exchange allocations made to about 52 companies, including Dangote Plc, during the tenure of the former Governor of the Central Bank of Nigeria, Godwin Emefiele.

“The commission (EFCC) is investigating Dangote Plc and about 51 other big companies. The commission discovered that the allocations were not approved by former President Muhammadu Buhari,” the source claimed.

When contacted over the development, the spokesperson for the EFCC, Dele Oyewale, confirmed the presence of the anti-graft operatives at the location.

However, he could not confirm the reason for their presence.

“I can confirm that our men are there, but I can’t comment on the reason for their presence there,” Oyewale said.

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