A Concerned Nigerian Petitions President Tinunbu Against Dangote

Alleges How CBN Illegally Transferred $3.4Billion To Dangote Group

By The Nigerian Voice

A concerned Nigerian and social Justice advocate, Ahmed Fahad has petitioned President Bola Tinunbu against alleged illegal transfer of $3.4Billion to Dangote Group.

The petition which made available to The Nigerian Voice was also copied to Jim Obazee, Special Investigator Probe of Central Bank of Nigeria (CBN) & Government Business Entities (GBEs). The open petition by Ahmed Fahad states: "I bring to your attention a scandalous issue of gross financial misconduct and illegality involving the Dangote group - a flagarant abuse of the Central Bank Of Nigeria (CBN) forex guildlines for the past 10 years".

According to the petitioner, the first redflag on the illegality was lifted by Dr Ope Banwo of Change Vigilantes International (CVI) in a similar petition to President Buhari in 2016. He went further to state that the vicious illegality was implemented by using Form A instead of the legal process of Form M in collaboration with some Commercial Banks. Dangote Group through the scam purchased dollars at rates between $150 - $200 when the parallel market was more than double of the rate. Ficticious establishment of businesses/industries in Liberia and Zambia was used by Dangote Group to manoeuvre and perfect the enterprise.

Below is a copy of the petition and supporting documents containing fetid allegations of how Dangote Group fleeced the economy to its present state of debilitation.