BY Rabiu Musa
The Dangote Group has provided clarification to the public on the recent visit of officials from the Economic and Financial Crimes Commission (EFCC) to their head office in Lagos on January 4, 2024.
In a recent public statement, the company acknowledged the concern and interest generated among their partners, stakeholders, and the public and aimed to provide an accurate account of the events.
Dangote Billions Of Naira Expansion Works On Kano Oldest Hospital Near Completion
According to the statement, the company said it received a letter on December 6, 2023, requesting details of all foreign exchange allocated to them by the Central Bank of Nigeria since 2014.
It also said they sought clarification from the EFCC on the specific subsidiaries or companies within the Group for which the information was required, as well as additional time to compile the extensive documentation spanning ten years.
However, according to Dangote Group, EFCC did not provide the requested clarification or grant an extension, insisting on receiving the complete set of documents within the given timeframe.
It maintained that on January 4, 2024, the company’s team delivered the first batch of documents to the EFCC, noting that while their representatives were still at the EFCC’s office, a separate team of officers from the EFCC visited the company’s offices, seemingly aiming to cause embarrassment.
Dangote Cement marks Host Community Day with multi-million-naira empowerment programmes
Notably, the company emphasized, these officers did not take any documents or files during their visit, as the requested documentation was already in their possession.
It stressed that, to their knowledge, no accusations of wrongdoing had been made against any company within their Group.
The Group however reaffirmed commitment to providing the EFCC with all necessary information and cooperation, having already delivered the initial batch of documents.
They also assured stakeholders of their dedication to compiling and submitting the remaining documents in due time to facilitate the investigation.
The Group further assured that as a law-abiding corporate entity and a significant contributor to the national GDP, largest private sector employer, and one of the largest groups listed on the Nigerian Exchange, the company expressed its belief in Nigeria’s commitment to the rule of law and creating an investment-friendly environment.
They called for understanding and patience from their stakeholders and promised to keep them informed of any further developments