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Dangote Industries Denies Alleged Illegal Forex Deals, Money Laundering, Claims Repatriation Of $576Million From Pan-African Operations - Vimarsana News

Dangote Industries Denies Alleged Illegal Forex Deals, Money Laundering, Claims Repatriation Of $576Million From Pan-African Operations

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 have repatriated over $576 million to Nigeria.

Dangote Group Responds to BUA, Accuses Firm of Sponsoring False, Negative Reports Against It - Vimarsana News

Dangote Group Responds to BUA, Accuses Firm of Sponsoring False, Negative Reports Against It

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

Source: legit.ng
FX dealings followed CBN guidelines – Dangote - Vimarsana News

FX dealings followed CBN guidelines – Dangote

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.”

Dangote Group accuses BUA of sponsoring false, negative reports against company - Vimarsana News

Dangote Group accuses BUA of sponsoring false, negative reports against company

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.”