Facts have emerged about why officials of the Economic and Financial Crimes Commission (EFCC) stormed the Lagos headquarters of Africa’s leading conglomerate, Dangote Group, on Thursday.
Theliberationnews gathered that the unusual raid was to demand documents on foreign exchange allocations over the past decade after the Group reportedly declined request to make it available to the anti-graft agency.
Sources disclosed that upon arrival, EFCC officials requested for paperwork about Dangote’s $10 billion forex allotments from the Central Bank of Nigeria spanning 10 years. After perusing submitted documents for hours, operatives went away with the documents for further investigation.
It was gathered that the raid was part of an ongoing EFCC probe of alleged illicit forex deals under ex-CBN Governor Godwin Emefiele who purportedly enriched selective individuals and corporates via non-transparent dollar allocations.
It was learnt that the anti-graft agency had written 52 companies to furnish forex allotment approvals and utilization specs from the past decade. While most complied, Dangote notified EFCC that required documents were set for delivery.
In a surprising turn, EFCC operatives stormed the corporate headquarters themselves to retrieve the documents instead. Our source deemed the aggressive tactic as detrimental for foreign investment, especially against Africa’s leading conglomerate fully cooperating in the probe.
