Operatives of the Economic and Financial Crimes Commission (EFCC) are said to be at Dangote Head Office conducting a search operation over the unofficial allocation of $3.6 billion by Emefiele lead Central Bank of Nigeria at the head office of the Dangote Group as the anti corruption agency widens investigations into the foreign exchange transactions during the tenure of former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. It was gathered that the search, which commenced at the company’s head office in Lagos around 3 p.m. on Thursday is ongoing. A call to Dangote Group by Businessnewsreport was not responded to.
How ever a source said 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”. It will be recalled that in November 2023, Dangote Group denied allegations of foreign exchange malpractices and money laundering of a purported staggering sum of $3.4 billion.