BREAKING: 123 Companies, 96 Others Linked To Terrorism Financing - FG

Posted by Samuel on Thu 03rd Feb, 2022 - tori.ng

He stated this on Thursday at a press conference, saying that the suspects were uncovered by the Nigerian Financial Intelligence Unit.

 

Lai Mohammed

The Minister of Information and Culture, Lai Mohammed, has said the Federal Government has uncovered 123 companies, and 96 others linked to terrorism financing.

He stated this on Thursday at a press conference, saying that the suspects were uncovered by the Nigerian Financial Intelligence Unit.

He said, “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. 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.”

Details later…

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