About 400 businessmen have been arrested for allegedly funding operations of Boko Haram and bandits in the country in a coordinated raid by the Defence Intelligence Agency (DIA), Department of State Security, Nigerian Financial Intelligence Unit (NFIU) and the Central Bank of Nigeria (CBN).
It was also learnt that an initial list of 957 suspects comprising bureau de change (BDC) operators, gold miners and sellers, and other businessmen is being acted upon.
Those arrested are reportedly being kept in the military and the DSS facilities in Abuja and other places.
“Because this is economic warfare against the insurgents and other militant groups, the president, when approving the operation directed that the NFIU take the lead as the country’s financial intelligence powerhouse,” Daily Trust quoted a source to have said.
The source added that “with the presidential approval, a task team was composed of personally selected senior officers who were deployed under the DIA to carry out the special assignment”.
“The main person coordinating the funding ring for Boko Haram is in our custody, he and his closest ally in the business,” he said.
Another source was quoted to have said about 19 BDCs owned by persons with “direct connection with Boko Haram” were uncovered, while over N300 billion was found to have been used in funding terrorism.
Apart from one person in Borno and another in Zaria, Kaduna state, the source said over N50 billion were traced in funding to the armed groups.
“A number of those arrested have divulged vital information including operational details of bandits and Boko Haram insurgents. But they are being kept to aid further arrests,” the source was quoted to have said.
Family members of those arrested, the newspaper reported, have been calling on the government for their release.
You may be interested
Heartbreaking! Nigerian Nurse And His Fiancée Perish In Motor Accident 6-weeks After They Got EngagedWebby - January 18, 2022
Kareem Oluwagbemiga Bright and his fiancée A tragic motor accident has claimed the lives of a Nigerian nurse, Kareem Oluwagbemiga…
BREAKING: Nnamdi Kanu Storms Court for Fresh Arraignment, Family, Lawyers Welcome HimWebby - January 18, 2022
Nnamdi Kanu Leader of the Indigenous People of Biafra, Nnamdi Kanu has appeared in court on Tuesday. According to DailyPost,…
To Reduce Cost, Governors No Longer Use Convoy Of 30 To 40 Vehicles – Jigawa Governor, Mohammed AbubakarWebby - January 18, 2022
Governor Mohammed Badaru Abubakar Governor Mohammed Badaru Abubakar of Jigawa state has said that Nigerian governors no longer use convoys…