The chairman of Dangote group during a press briefing on Sunday, December 14, alleged that Ahmed Farouk paid $5 million to Swiss secondary schools for his children.
Dangote said Ahmed paid the said amount for four of his children, covering a period of six years.
Although the Africa richest man did not mention the name of the Swiss schools, he said the NMDPRA’s CEO was living above his means. He challenged the Federal Government to investigate his claim.
He argued that such expenditure raised serious questions about potential conflicts of interest and the integrity of regulatory oversight in the downstream petroleum sector.