Dangote group cooperating with financial crimes agency, says no accusations of wrong doing | ANG
  • June 22, 2024

Business:Delegates announce $1.2 billion in funding to produce vaccines in Africa

World leaders, health groups, and pharmaceutical firms announced $1.2 billion in funding to produce vaccines in Africa, at the Global Forum for Vaccine Sovereignty and Innovation in Paris on Thursday. The …

UK Sunak’s bodyguard arrested for election bet

One of Prime Minister Rishi Sunak’s bodyguards has been arrested following alleged bets on the date of Britain’s national elections, made before they were announced, authorities said Wednesday. The Metropolitan Police …

Business:Niger revokes French company’s operating licence at major uranium mine

Niger’s military government has revoked the operating licence of French nuclear fuel producer, Orano, at one of the world’s biggest uranium mines, the company said on Thursday. The decision has highlighted …

The Dangote Group has expressed readiness to assist Nigeria’s Economic and Financial Crimes Commission in its investigations, following the commission’s visit to the company’s headquarters on January 4.

The Group said it was cooperating with the commission which is investigating the possible misuse of foreign exchange from the central bank.

According to a statement by the manufacturing conglomerate, it received a letter from the anti-graft agency on Dec. 6.

The letter, which was reportedly sent to other conglomerates, is said to have requested for details of every foreign exchange allocated by the Central Bank of Nigeria from 2014 till date.

The company says despite sending “a first batch of documents to the body, officers insisted on visiting the group’s headquarters.

Dangote said at the moment no accusations of wrongdoing had been made against any company within the group.

The former governor of the Central Bank of Nigeria, Godwin Emefiele who was appointed in 2014 was removed from office last June and incarcerated.

Leave a Reply

Your email address will not be published. Required fields are marked *