96 persons, 123 companies financing terrorism in Nigeria – NFIU
The Nigerian Financial Intelligence Unit (NFIU) has disclosed that 96 persons and 123 companies are involved in financing terrorism in Nigeria.
Speaking on the Buhari administration’s efforts to fight corruption in Abuja on Thursday, the Minister of Information and Culture, Lai Mohammed disclosed that sponsors of banditry were also unearthed.
“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 bureau de change, in addition to identifying 26 suspected bandits/kidnappers and 7 co-conspirators,” Mohammed said.
Adding that, “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.