EFCC Took No Documents, Files From Our Office – Dangote

Dangote group says to its knowledge, no accusation of wrong-doing has so far been made against the companies in the group despite the show-stopping raid on the conglomerate’s Lagos headquarters on Friday.
In a one-page statement in Lagos at the weekend the group said, the company’s representatives were still at the EFCC office to deliver documents sought by them while a team of the commission’s detectives raided its office in Lagos on January 4, 2024 in what it called “a manner that appeared designed to cause us unwarranted embarrassment.”

“Worthy of note”, said the statement, “the fact that the officials did not take any documents or files from our head office during their visit as these were already in their office.”

According to the Dangote group, “we must emphasise that, to our knowledge, no accusations of wrongdoing have been made against any company within our group. At present we are responding to a request for information to assist the EFCC with their ongoing investigation.”

The company said on December 6, 2023, “we received a letter requesting for details of all the foreign exchange allocated to our company by the Central Bank of Nigeria from 2014 to the present. We understand similar letters were sent to 51 other groups of companies requesting for the same information spanning the same period.

“We responded to the EFCC to acknowledge receipt of the letter whilst seeking clarification on the subsidiaries of companies within the group that they required information on. We also requested for additional time to compile and properly present the extensive documents spanning ten years.

“However, the EFCC did not provide the clarification sought and also did not honour our request for an extension and insisted on receiving the complete set of documents within the limited timeframe. Despite this constraint, we assured of our commitment to providing the information and pledged to share documents in batches as we complete the compilation.

“On 4 January 2024, our team delivered the first batch of documents to the EFCC. However, officers of the EFCC did not accept the documents, insisting on visiting our offices to collect the same documents directly.
“Whilst our representatives were still at the EFCC’s office to deliver the documents, a team of their officers proceeded to visit our offices to demand for the same documents.”

Dangote group said “as a law-abiding and ethical corporate citizen, we remain committed to providing the EFCC with all necessary information and cooperation. We have already delivered the first batch of documents and are actively working to compile and submit the remaining documents, in good time, to aid their investigation.

“Our group is a key contributor to the national GDP, the largest employer in the private sector, one of the largest groups listed on the Nigerian Exchange and one of the highest taxpayers in the country. We remain steadfast in our belief in Nigeria’s commitment to the rule of law and its dedication to fostering an environment conducive for investment and value creation for both local and foreign investors.
“We therefore call for the understanding and patience of our stakeholders and we will keep our stakeholders informed of any further developments.”