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Singapore’s Olam Group has said its investigation team did not identify any evidence that its Nigerian unit was involved in an alleged multi-billion dollar foreign exchange fraud.   Last year, the Daily Nigerian and Prime Business Africa reported that Nigeria's secret police, the Department of State Services (DSS), was investigating the company's units, Olam Nigeria and Olam International, and their associate firms for over $50 billion foreign exchange fraud.

Godwin emefieleSingapore olam groupOlam internationalCentral bankInvestigation teamDepartment of state servicesRisk committeeOlam groupDaily nigerianPrime business africaState servicesOlam nigeriaInvestigative reportingBreaking news