The Nigerian Financial Intelligence Unit has uncovered 96 boko haram sponsors, 424 associates/supporters of the sponsors.
This was disclosed by the Minister of Information and Culture, Lai Mohammed, during a briefing on the anti-corruption fight of the President, Major General Muhammadu Buhari (retd.)’s regime on Thursday.
The minister also said the fraud unit unmasked 123 companies and 33 bureaux de change linked with terrorism in the country.
He said, “For its part, the analysis by the Nigerian Financial Intelligence Unit, 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.
“Also, from its analysis of tax evasion and tax avoidance linked to corruption, NFIU has identified N3,909,707,678,112.43 in VAT and N3,737,918,335,785.82 in Withholding Tax due to the Government. NFIU has also sent 1,165 intelligence
reports on cases of corruption, money laundering and other serious offences to 27 domestic agencies for investigation, prosecution and asset recovery.
“On terrorism financing, NFIU had intelligence exchanges on Boko Haram, ISWAP, banditry, kidnapping and others with 19 countries. During the same period, 2020-2021, the organization returned fraudulently-obtained funds totalling US$103,722,102.83, 3,000 Pound Sterling; 7,695 Singapore Dollar and 1,091 Euros to 11 countries of victims who came into the country.”
A MUST TO READ BELOW
For your Advert Placement, Publicity, Press Release, Personality Promotion, Special Report, Featured story, Conference, Interviews, And So On – CONTACT US on WhatsApp/Call📞@ 08072633727 📲
NOTE: We wish to add you to our WhatsApp Database to get our Trending, latest and timely news directly into your WhatsApp Box as the news breaks.
THE chairman of Ifelodun Local Council Development Area (LCDA), Olufemi Okeowo, has appointed an additional…
THE All Progressives Congress (APC) governorship candidate in the August 15, 2026 election in Osun…
THE ACCORD Party has formally inaugurated its Ondo State Executive Council, with Hon. Adegoriola Adewale…
THE Ekiti State Commissioner for Women Affairs and Social Development, Mrs Olapeju Babafemi, has reaffirmed…
Gunfire and explosions were heard on Saturday morning in Niger’s capital, Niamey, including around a…
NEWS UPDATE THE Anambra State Governor, Chukwuma Soludo, has declared a state of emergency on…