Business & Economy

EFCC Operatives Burst Dangote Head Office In Lagos

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

BrandNewsDay gathers that 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.

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“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.

Meanwhile,

Two Nigerian Journalists, Fejiro Oliver and Desmond Ike-Chima, publishers of Secret Reporters and ENigeria Newspaper have accused Abdul Samad Rabiu-led BUA Group of blackmail and sponsoring a false media campaign against them.

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According to the journalists who spoke to us, BUA Group is behind an alleged skewed narrative being circulated in a section of the media with the ill intention of tarnishing their hard-earned reputation and hoodwinking the discerning public.

 

RECOMMENDED: BUA Group Blackmailing Journalists Over Uncovering ‘FOREX DEALINGS’ Report

This was after a detailed investigative report published on their news platforms, Secret Reporters and ENigeria Newspaper which went viral revealed the involvement of BUA Group under the watch of Rabiu in alleged forex dealing with the Central Bank of Nigeria while the now-ousted former Governor, Godwin Emefiele was at the helm of the bank.

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According to Oliver and Ike-Chima, the report which featured dates and account numbers when the transactions were carried out rattled the management of BUA who in a frantic move to save face, resorted to cheap blackmail tactics.

A press statement signed by the journalists read, “It has come to our collective attention that a campaign of calumny, falsehood, and deliberate manipulation of truth is being spearheaded and circulated by Abdul Samad Rabiu-led BUA Group.

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Adebayo

Adebayo is a Content Developer and website manager who loves to learn, unlearn and relearn. He has a knack for exploring the tech world. He is always thirsty to learn as the tech ecosystem evolves every day.

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