EFCC PROBES DANGOTE, BUA 50 OTHER COMPANIES

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EFCC PROBES DANGOTE, BUA, 50 OTHER COMPANIES OVER FOREX TRANSACTIONS

Operatives of the Economic and Financial Crimes Commission (EFCC) are currently probing 52 companies over forex transactions.

According to reports on Thursday, the anti-graft agency was conducting a investigation on forex allocations to the companies during the tenure of Godwin Emefiele as governor of the Central Bank of Nigeria (CBN).

President Bola Tinubu hadduring a trip to Paris, France, described Nigeria’s financial system under Emefiele “rotten.”Big companies including Dangote Group, BUA Group and 50 others were under the searchlight of the EFCC.

About Dons Eze

DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

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