The Economic and Financial Crimes Commission (EFCC) operatives stormed the Dangote Group headquarters, demanding documents related to forex allocations over the past decade.
The investigation, part of a broader probe into alleged preferential forex allocations by the Central Bank of Nigeria, saw EFCC agents scrutinizing records and seizing some.
While some companies complied with the directive, the forceful approach at Dangote raises concerns about potential repercussions on investor confidence, given the conglomerate’s prominence. Both EFCC and Dangote Group remained tight-lipped on the matter.
