The founder of the popular AbokiFX, Oniwinde Adedotun, has been declared wanted by the Central Bank of Nigeria (CBN).
AbokiFX is a website that publishes the parallel market exchange rate of the naira against other currencies.
Godwin Emefiele, CBN governor, said Adedotun is an illegal FX dealer.
Emefiele spoke while responding to questions at the end of CBN’s 280th Monetary policy meeting (MPC) in Abuja on Friday.
He vowed that the AbokiFX boss will be prosecuted for endangering the Nigerian economy.
He said, ” Mr Oniwinde started the AbokiFX operation in 2015 and has since milked the economy by manipulating the exchange rate.
“Oniwinde lives in London while concorting criminal activities on our economy. Our preliminary findings shows 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 companies in Nigeria; we will go after them all.”
Emefiele said, according to the CBN Act, section 2, only the apex bank can determine the value of the naira.
He promised to ensure that Oniwinde is captured and made to answer to the law.
