Documentation Credit News Today

The Management of Dangote Industries Limited has debunked the allegation that the company is being investigated for alleged illegal foreign exchange deals and money laundering running into $3.4 billion through the Central Bank of Nigeria (CBN) under the leadership of the embattled former CBN Governor, Godwin Emefiele. The management of Dangote Industries stated that rather than engage in illegal foreign exchange deals and money laundering as being alleged, the company’s pan-African operations ...

The Management of Dangote Group has responded to BUA Group over its allegations against the company in a recent sponsored social media publication.

In a statement by its media team on Friday, DIL described the allegation as “spurious and a rehash of a similar report peddled out of malice by competitors, masquerading as a concerned Nigerian in 2016.”

In a statement, DIL described the allegation as “spurious and a rehash of a similar report peddled out of malice by a competitor, BUA Group, masquerading as a concerned Nigerian in 2016.”