Our Reporter gathered that the EFCC wrote to some companies asking for documentation on their forex transactions in the last 10 years.
By our correspondent
On arrival at the Dangote headquarters, the EFCC operatives demanded documents relating to allocation of foreign exchange to the group in the last ten years. After they scrutinised the documents provided by officials of the Group for hours, they carted some of them away.
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) investigation revealed that the allocations made to the 52 companies were not approved by former President Muhammadu Buhari,” the source claimed.
Some of the big companies being investigated are Dangote Group, BUA Group, Flour Mills among others. But they have all denied any wrongdoing in their communications with the EFCC. An insider noted that the Dangote Group is ready to explain every detail of its forex transactions as it did not breach any laws.
While the EFCC investigations are still sketchy as at the time of filing this report, there are indications that this is the beginning of a blanket investigation into the biggest companies that got forex allocations from the CBN under Emefiele, the South South International magazine gathered.
When contacted over the development, the spokesperson for the EFCC, Dele Oyewale, confirmed the presence of the anti-graft operatives at the location to a national newspaper. He however, refused to confirm the reason for their presence.