The Nigerian government on Thursday said it has uncovered 96 financiers of terrorist groups Boko Haram and the Islamic State of West Africa Province (ISWAP).
Nigeria’s information and culture minister Lai Mohammed made the disclosure at a press conference in Abuja.
Lai Mohammed also revealed that the fraud unit unmasked 123 companies and 33 bureaux de change linked with terrorism in the country.
“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 offenses 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 totaling US$103,722,102.83, 3,000 Pound Sterling; 7,695 Singapore dollars, and 1,091 Euros to 11 countries of victims who came into the country”, the Minister said.