ISWAP
BreakingHighlightTop StoryTrending Story

Terrorism: FG uncovers 96 financiers, 424 associate financiers of Boko Haram, ISWAP

329

 

By Ajuma Edwina Ameh

 

The Federal Government has disclosed that it has identified 96 financiers of terrorism in Nigeria.

 

In addition, 424 associates/supporters of the financiers, 123 companies and 33 Bureau de change, were also linked to terrorism financing through investigations by the Nigerian Financial Intelligence Unit (NFIU).

 

This was disclosed by the Minister of Information and Culture, Alhaji Lai Mohammed, at a press conference on the administration’s fight against corruption in Abuja on Thursday.

 

According to the minister, 45 suspects have been arrested and will soon face prosecution and seizure of assets.

 

He said NFIU had intelligence exchanges on Boko Haram, ISWAP, banditry, kidnapping, and others with 19 countries from 2020 to 2021.

 

He said: “To check terrorism financing in Nigeria, the Federal Government has deployed a plethora of tools, including the Money Laundering Act, 2004, the EFCC Act, 2004, the ICPC Act, 2000, Department of State Services (DSS) and the Nigerian Financial Intelligence Unit (NFIU) to deal with the issue of corruption, money laundering and terror financing.

 

“The ongoing harmonization of Bank Verification Numbers (BVN) with National Identification Numbers (NIN) is also a means of tracking the flow of funds within Nigeria and, by extension, tackling terror financing.

 

“For its part, the analysis by the Nigerian Financial Intelligence Unit (NFIU), in 2020-2021, revealed 96 financiers of terrorism in Nigeria, 424 associates/supporters of the financiers, involvement of about 123 companies and 33 bureaux de change, in addition to identifying 26 suspected bandits/kidnappers and 7 co-conspirators.

 

“The analysis has resulted in the arrest of 45 suspects who will soon face prosecution and seizure of assets.”

 

Persecondnews recalls that the federal government had in May, 2021, indicated that it would “soon” begin the prosecution of some highly placed Nigerians suspected to be financing terrorism in the Northeast after a report by the United Arab Emirates authorities identified six Nigerians as financiers of terrorism.

 

Leave a comment

Related Articles

Boko Haram/ISWAP terrorists’ ambush: Defence HQ confirms killing of 5 soldiers in Borno

The Defence Headquarters has confirmed that Boko Haram/ISWAP terrorists ambushed troops conducting...

Tinubu submits 3 INEC REC, federal commissioner-nominees for Senate’s approval

President Bola Tinubu has sent the name of Ondo Resident Electoral Commissioner,...

Just in: After a night in custody, DSS in Ogun releases Ladi Adebutu

Mr. Ladi Adebutu, the 2023 People’s Democratic Party (PDP) governorship candidate in...

Tinubu writes NASS for approval of $2.2bln fresh external loan

President Bola Tinubu has written to the National Assembly, seeking the approval...

Senate holds valedictory session for late Sen. Ifeanyi Ubah

The Nigerian Senate suspended its plenary session on Tuesday to pay tribute...

NNPC Ltd’s spokesman, Soneye, explains delay in Port Harcourt Refinery rehabilitation, assures of imminent completion

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has acknowledged the challenges...

Three days after Ogun council poll, DSS arrests Ladi Adebutu, 2023 PDP’s guber candidate

The Department of State Services (DSS) in Ogun State has arrested the...

Russian Pres. Putin signs decree for nuclear retaliation against non-nuclear states

Russian President Vladimir Putin on Tuesday signed a decree allowing Moscow to...

International students in US: Nigeria ranks 7th worldwide, leads in Africa

Nigeria has emerged as the seventh-largest source of international students in the...

Pres.Tinubu redesignates three special media advisers spokespersons for government

President Bola Tinubu has re-designated the positions of two recently appointed officials...

FirstBank Hosts First-ever China-Africa Interbank Association Forum

FirstBank, the premier West African financial institution and financial inclusion service provider,...

AFCON Qualifier: Nigeria’s Super Eagles Suffer Shocking 2-1 Loss to Rwanda

Nigeria’s Super Eagles concluded their Africa Cup of Nations Group D qualifiers...

Tax reform bills: Nigeria struggling with tax-to-GDP ratio below World Bank’s 15 % benchmark – Speaker Abbas

Mr. Tajudeen Abbas, the Speaker of the House of Representatives, has expressed...

Falana to FG: Restore Baruwa as NURTW’s Preside

Mr. Femi Falana (SAN) has asked the Federal Government to reinstate Tajudeen...

Just in: Again, Anambra sit-at-home claims four vigilance operatives, motorcyclist

Gunmen enforcing Monday’s sit-at-home order in Anambra State launched a deadly attack,...

Tax reform bills: Lawmakers call governors’ bluff, pledge support for Tinubu – Reps deputy spokesman

The deputy spokesman for the House of Representatives, Philip Agbese (APC-Benue), said...

Nov. 16 Ondo guber poll: PDP to review exercise, alleges vote rigging, manipulations

Dissatisfied with the November 16 governorship poll, the People’s Democratic Party (PDP)...

Exclusive: Aftermath of demolition: Our current condition, will of God—FCT Ruga Community Secretary

Operation Sweep, a task force established by Federal Capital Territory Minister Nyesom...