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BREAKING: CBN Declares AbokiFX Owner Wanted
- CBN has declared AbokiFX owner wanted.
EKOHOTBLOG reports that the Central Bank of Nigeria (CBN) has declared the founder of AbokiFX, Oniwinde Adedotun, wanted.
The declaration was made by the CBN Governor, Godwin Emefiele, while responding to questions at the end of the 280th Monetary Policy meeting (MPC) of the apex bank in Abuja on Friday.
EKOHOTBLOG reports that AbokiFX is a website that publishes the parallel market exchange rate of the naira against other currencies.
However, the CBN Governor, who referred to Adedotun as an illegal Foreign Exchange dealer, said the AbokiFX founder will be prosecuted for endangering the Nigerian economy.
Emefiele said, “Mr. Oniwinde started the AbokiFX operation in 2015 and has since milked the economy by manipulating the exchange rate.
READ ALSO: CBN Warns GTBank, Access Bank, Others Against Forex Malpractices
“Oniwinde lives in London while concorting criminal activities on our economy. Our preliminary findings show that the company continues to file the same cash account in the United Kingdom whereas he maintained about 25 accounts with 8 banks in Nigeria, milking the system and collecting cash through Automatic Teller machines in London.
“He then sells tens of millions in FX to company’s in Nigeria; we will go after them all,” the CBN Governor stated.
He added that according to the CBN Act, section 2, only the apex bank can determine the value of the naira just as he vowed to ensure that Oniwinde is captured and made to answer to the law.
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