The United States has released the identities of three individuals and six entities allegedly linked to Islamic State (ISIS) financing, including three Nigerian bureau de change (BDC) operators.
On Monday, Tommy Pigot, US state department spokesperson, said a Nigeria-based operator was among the three individuals and entities accused of helping the ISIS move funds across borders through money exchange businesses.
Pigot said the network spanned from France and Syria to Turkey and Nigeria.
According to the US official, the Nigeria-based facilitator’s money exchange businesses served as conduits for ISIS financing.
According to the US official, the Nigeria-based facilitator’s money exchange businesses served as conduits for ISIS financing.
The other two individuals, said to be bases in France and Syria, alongside the Nigerian, and complicit entities were sanctioned by the US.
A separate statement by the Treasury Department identified the individuals and entities, including Muhammad Mukhtar Adamu from Lagos.
The Nigerian BDCs listed among the entities are said to be situated in Lagos and Kano.
According to the statement, Generation Currency Bureau de Change Limited, Lagos; Nine to Nine Exchange Bureau de Change Limited, Lagos; and Manhattan Bureau de Change Limited, Kano, are among the entities allegedly linked to ISIS financing.
