EFCC probes Dangote, BUA, 50 other companies over forex transactions – Royal News

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Operatives of the Economic and Financial Crimes Commission (EFCC) is 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).

Recall that President Bola Tinubu during 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.

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