Erisco founders reveals how banks take bribes to sell him dollars

  • Eric Umeofia, the founder of Erisco Foods Limited, is currently in the media spotlight after he sued a customer who criticised his product
  • However, this hasn’t prevented him from accusing bank officials of attempting to charge him extra before he can buy dollars
  • He particularly points fingers at the Central Bank of Nigeria for facilitating the forex racketeering

The founder of Erisco Foods Limited, Eric Umeofia, has disclosed that bank officials demanded bribes before selling dollars to manufacturers and importers under Godwin Emefiele.

He revealed this in an interview on AriseTV while explaining his decision to sue Chioma Egodi for N5 billion for a bad review on his product, which, he claims, has cost him $15 million.