The Central Bank of Nigeria (CBN) has declared the founder of AbokiFX, Oniwinde Adedotun wanted.
AbokiFX is a website that publishes the parallel market exchange rate of the naira against other currencies.
CBN Governor , Godwin Emefiele described Adedotun as an illegal FX dealer when he was responding to questions at the end of 280th Monetary policy meeting of the apex bank in Abuja on Friday.
He said ,Oniwinde Adedotun will be prosecuted for endangering the Nigerian economy.
According to Emefiele, 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 sell tens of millions in FX to company’s in Nigeria; we will go after them all.”
Emefiele who vowed that Oniwinde will be arrested said that, according to the CBN Act, section 2, only the apex bank can determine the value of the naira.