Full List: 15 Individuals and BDCs Linked to Terrorism Financing Unveiled by Nigerian Sanctions Committee

In response to the Federal Government’s directive, the Nigerian Sanctions Committee has disclosed the identities of 15 entities, including nine individuals and six Bureau De Change (BDC) firms, allegedly involved in terrorism financing.

The nine individuals facing sanctions are:

Tukur Mamu

Yusuf Ghazali

Muhammad Sani

Abubakar Muhammad

Sallamudeen Hassan

Adamu Ishak

Hassana-Oyiza Isah

Abdulkareem Musa

Umar Abdullahi

Additionally, the six sanctioned BDCs and firms are:

West and East Africa General Trading Company Limited

Settings Bureau De Change Limited

G. Side General Enterprises

Desert Exchange Ventures Limited

Eagle Square General Trading Company Limited

Alfa Exchange BDC

The Nigerian Financial Intelligence Unit, in an email to our correspondent on Tuesday night, disclosed the details of this development, titled “Designation of Individuals and Entities for March 18, 2024.”

According to the document, the Nigeria Sanctions Committee convened on March 18, 2024, and recommended specific individuals and entities for sanction due to their involvement in terrorism financing. The document stated, “The Honourable Attorney General of the Federation, with the approval of the President, has thereupon designated the following individuals and entities to be listed on the Nigeria Sanctions List.”

At the top of the list is Tukur Mamu, a Kaduna-based publisher currently on trial for allegedly aiding terrorists responsible for the Abuja-Kaduna train attack in March 2022. Mamu is accused of facilitating ransom payments exceeding $200,000 USD to ISWAP terrorists for the release of hostages from the aforementioned attack.

Furthermore, the document highlights individuals involved in various terrorist activities, including attacks on St. Francis Catholic Church in Owo, Ondo State, and the Kuje Correctional Centre in Abuja. One individual is linked to Ansarul Muslimina Fi Biladissudam, associated with Al-Qaeda in the Islamic Maghreb.

The Nigerian Sanctions Committee, in accordance with Section 54 of the Terrorism (Prevention and Prohibition) Act, 2022, has mandated institutions and individuals to freeze all funds, assets, and economic resources belonging to the designated persons and entities, and report any related activities to the committee and the Nigerian Financial Intelligence Unit.