Operatives of the Economic and Financial Crimes Commission (EFCC), Wednesday, sealed-off the The First Group company, a real estate firm in Abuja.
A highly placed source at the Commission, who spoke on condition of anonymity said the estate firm, located on the 7th Floor of the Bank of Industry (BoI) building in the Central Business District of Abuja, was sealed off for allegedly duping the public of over $200 billion.
News360 Info recalls that that operatives of the anti-graft agency had, sometime in May, raided the office in continuation of investigations into the alleged fraud, noting that several implicating documents, which revealed names of high profile patrons, were recovered.
According to the source, who spoke in confidence, the company, which was originally known as TGF Real Estate Limited, operates in the country in the guise of the First Group company, a Dubai-based real estate firm, which the Commission is not registered in Nigeria.
