The chairman of the Home Committee on Petroleum Assets and Downstream, Ikenga Ikeagwuonu, has stated the raid on places of work of Dangote Group by officers of the Financial and Monetary Crimes Fee (EFCC) can harm the economic system.
The lawmaker, on Friday, expressed concern that the transfer by the anti-graft company might deter potential traders and paint Nigeria in a foul mild to the worldwide neighborhood, as reported by Bloomberg.
The raid was a part of an ongoing investigation into the misappropriation of overseas forex obtained from through the tenure of former CBN governor, Godwin Emefiele, the unnamed sources revealed.
Right here’s what Ikeagwuonu stated
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“The raid on Dangote Group just isn’t solely very suspicious however most significantly able to worsening the financial state of affairs and scaring traders.
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“What’s going to the worldwide neighborhood consider Nigeria after they examine information like this?
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“Given our present fragile financial state of affairs, I imagine this transfer by the EFCC will worsen issues.
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“Now just isn’t time.”
Moreover, the lawmaker assured that he would desk the case earlier than the HoR parliament when it reconvenes subsequent week.
Again story
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Nairametrics earlier reported that the EFFC raided the places of work of Dangote Group in Lagos on Thursday.
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The aim of the go to was to scrutinize the monetary information of the corporate as a part of an investigation into potential misappropriation of overseas forex obtained from the Emefiele-led CBN.
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The previous CBN governor, Emefiele, who was arrested in June on costs together with fraud, at present being investigated by EFCC for however no restricted to offering {dollars} at decrease charges to sure companies, together with Dangote, throughout his reign as head of CBN.
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Nonetheless, Emefiele nonetheless maintains his innocence and denies that he’s on the unsuitable.
