Nigerian government claimed it had identified some individuals sponsoring terrorism in the country, but refused to release their names.
Lateef Fagbemi, Attorney General and Minister of Justice, disclosed this yesterday in Abuja during his remarks at the 40th Technical Commission/Plenary Meeting of the Inter-Governmental Action Group Against Money Laundering in West Africa (GIABA).
The Senior Advocate of Nigeria (SAN) said funds belonging to the identified individuals had been seized.
For Exposing Terrorism Funding, Illegal Mining in Niger, WikkiTimes Faces N10bn Lawsuit
“We have also made progress in tackling the financing of terrorism and in particular, I am pleased that we have identified and designated a number of individuals and entities linked to terrorist activity and seized funds linked to them.
“The Nigerian Financial Intelligence Unit (NFIU), has become a global model and achieved the outcomes envisaged by the passage of its enabling legislation in 2018 which established it as an independent, autonomous unit,” he said.
According to him, gaming those identified could frustrate further investigation.
The insurgency in north-east and banditry in north-west and north-central Nigeria has stretched the country’s war against terrorism with over $1 billion dollars spent by the former administration to curtail it. The money, according to former president Muhammadu Buhari, was spent between 2015 and 2023 to recover territories seized by the terrorists.
