The Minister of Data and Tradition, Lai Mohammed, has stated the Federal Authorities has uncovered 123 firms, and 96 others linked to terrorism financing.
He acknowledged this on Thursday at a press convention, saying that the suspects had been uncovered by the Nigerian Monetary Intelligence Unit.
He stated, "For its half, the evaluation by the Nigerian Monetary Intelligence Unit (NFIU), in 2020-2021, revealed 96 financiers of terrorism in Nigeria, 424 associates/supporters of the financiers, involvement of about 123 firms and 33 bureaux de change, along with figuring out 26 suspected bandits/kidnappers and seven 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."Particulars later...