News

NFIU uncovers IPOB cells in UK, US, others

Published

1 month ago

March 27, 2024

NFIU uncovers IPOB cells in UK, US, others

The Nigerian Financial Intelligence Unit uncovered 27 cells affiliated with the Indigenous Peoples of Biafra in 22 countries worldwide, including the United States of America and the United Kingdom of Great Britain and Northern Ireland.

The NFIU reports that the Ucenited States and the United Kingdom have the highest concentrations of IPOB cells, with seven and six cells in each country.

A newsletter revealed that IPOB, bandits, and other extremist organizations used global crowdfunding and sports betting sites to support terrorist activities in Nigeria.

In 2017, the Federal Government made the decision to ban IPOB and label them as a terrorist organisation. The government is currently trying its leader, Nnmadi Kanu, on terrorism charges.

In a recent document titled “Counter Terrorism Financial Newsletter,” the NFIU has identified 54 individuals from around the world who are allegedly connected to the activities of IPOB.

According to the document, it has been confirmed that the diaspora affiliates of the IPOB group have established a presence in over 22 countries worldwide. Upon closer examination, it was discovered that there were 27 entities scattered around the world that were registered under the group’s name. Interestingly, the United States and the United Kingdom had the most registrations, with seven and six entities registered, respectively.

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“The analysis further indicates that the group has several bank accounts in different countries where funds are being received from various contributors with the narrations ‘Monthly Dues, Services and for ESN’, among others, then later disbursed for various operations.

“It was confirmed that one of the major sources of revenue for the group is crowdfunding by several individuals abroad, mostly Nigerians.

“It was observed that over $160,000 was disbursed to Transmission, Media, and Broadcasting companies in Bulgaria, South Africa, and the United Kingdom. The analysis profiled the leader of the group, his addresses, and mobile numbers abroad with other 53 individuals associated with the dissident group. The report was forwarded to Law Enforcement for further investigation.”

The NFIU has disclosed that a betting platform, known as ‘XC’, reported a Suspicious Transaction Report on a 24-year-old Nigerian customer from North-Central, Nigeria.

“This 24-year-old from Nigeria’s North-Central region received over N350,000 in his betting wallet, believed to be ransom money from a kidnapping,” the NFIU said.

In a separate incident, the financial intelligence unit uncovered a terrorist who was trying to avoid detection. The report highlighted that the person made organised cash withdrawals from various ATMs and bought plane tickets to volatile regions, using credit cards.

The NFIU clarified that whenever the person went over their withdrawal limit, they would find different ways to travel.

“The terrorist then attempted suspicious transfers exceeding €1,000 to a local charity with potential links to terrorism. These transactions, along with others for luxury goods and escort services, raised red flags,” the newsletter stated.

The NFIU has called on law enforcement agencies to thoroughly investigate transactions involving individuals connected to known terrorists or financiers. They have also highlighted the need to look into unauthorised tax collection or forced donations in areas prone to terrorism, as well as the role of Bureau de Change operators in facilitating transfers within suspected networks.

The unit is urging security agencies to focus on various areas of concern. These include monitoring multiple cash deposits in bank accounts, scrutinising Point of Sale operators who receive large deposits followed by cash withdrawals, tracking money transfers from Nigeria to high-risk countries, investigating individuals who are recruited to open multiple bank accounts, and monitoring financial transfers to charities that may be linked to terrorism.

NFIU uncovers IPOB cells in UK, US, others

News

Ohanaeze Ndigbo President-General raises alarm over threats to his life

Published

8 hours ago

May 9, 2024

Trends Admin

Chief Emmanuel Iwuanyanwu

Ohanaeze Ndigbo President-General raises alarm over threats to his life

Emmanuel Iwuanyanwu, the President-General of Ohanaeze Ndigbo, has expressed concern over threats to his life by individuals he described as anti-Igbo. He revealed that there have been plans to either kill him or burn his house due to his leadership of Ndigbo.

Addressing a press conference in Enugu, Iwuanyanwu highlighted the dangers he faced, mentioning the death of his predecessor, Prof George Obiozor, and an attempt on another ex-leader’s life. He recounted receiving information about people hired to attack him but assured that he remained undeterred in his commitment to serving his people.

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Iwuanyanwu lamented being confronted by such threats despite his efforts to serve his people, citing his extensive career and scholarship schemes that benefited thousands of youths. He recalled the fate of late Prof. Joe Irukwu, who faced similar accusations of working against the interest of Igboland.

Despite the challenges, Iwuanyanwu reaffirmed his determination to serve Ndigbo and vowed not to yield to intimidation.

Ohanaeze Ndigbo President-General raises alarm over threats to his life

News

Rivers crisis festers as new factional Speaker emerges

Published

9 hours ago

May 9, 2024

Trends Admin

Goodboy Sokari

Rivers crisis festers as new factional Speaker emerges

A new speaker has emerged in Rivers State Wednesday May 8, 2024, to signal the much-awaited showdown in state’s deteriorating political crisis which seems to be here.

Already, hidden cards or fists are appearing every hour to show that both the Nyesom Wike camp and the Governor Siminalayi Fubara camp have been preparing for it.

The Wike camp through the Rivers State caretaker committee of the All Progressives Congress (APC) led by Tony Okocha yesterday gave go-ahead for impeachment action against the governor. The one they one the 27 defected lawmakers loyal to Wike initiated on October 30, 2023, failed when Gov Fubara fought back until a temporary ceasefire was achieved in Aso Rock with an 8-point agreement signed by both parties but largely observed in breach.

Now, it seems both camps have rearmed and may be ready for the final showdown that may make Rivers State tense in the coming days, to say the least.

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The APC has directed that impeachment begin immediately; the next day, the Fubara camp announced their own Speaker, Victor Oko Jumbo from Bonny; same day, hints emerge that screening of LGA caretaker committee members may be going on.

On the other hand, the local councils have staged protests saying their monthly allocations have been withheld. Pressure is thus mounting from that angle covering the 23 local council areas.

The purported screening may lead to appointment of caretaker committees of the 23 LGAs in the state who would get the monthly allocations and hit the ground running.

This action would provoke what the Wike-backed APC group said they would resist. They may begin their own action in the form of impeachment proceedings which the Fubara camp (Rivers State government) said they would resist.

These acts of resistance may plunge the state into violence and make it ungovernable. At that point, President Bola Ahmed Tinubu, who has remained silent since the peace agreement, may unveil the sanctions he had threatened would descend on any person who breached the agreement. Each camp points to the other as the one breaching the agreements. Each clings to Tinubu as the favourite.

The battle seems timed to ensure that the one year anniversary is hindered.

Rivers crisis festers as new factional Speaker emerges

News

Cybersecurity levy suspension tears lawmakers apart, speaker overrules

Published

9 hours ago

May 9, 2024

Trends Admin

Speaker of the House of Representatives, Abbas Tajudeen

Cybersecurity levy suspension tears lawmakers apart, speaker overrules

The Speaker of the House of Representatives, Abbas Tajudeen, intervened on Wednesday to halt a motion calling for the suspension of the controversial cybersecurity levy, which has sparked widespread dissatisfaction among Nigerians.

Since the Central Bank of Nigeria (CBN) mandated all banks to deduct 0.5% of the value of electronic transactions from customers, Nigerians from various sectors have vehemently opposed the levy, labelling it an additional financial burden.

During Wednesday’s plenary session, Manu Soro, a lawmaker from Bauchi State, presented the motion, citing concerns about the timing of the levy’s introduction amidst Nigeria’s prevailing economic challenges.

Soro argued that imposing new taxes or increasing existing ones amid the current economic difficulties exacerbated by the removal of fuel subsidies and currency depreciation would only add to citizens’ financial woes.

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He called on the House to urge the CBN to retract the circular on the cybersecurity levy and halt its implementation immediately. Additionally, he urged the Minister of Finance to refrain from introducing new taxes or raising existing rates until the economic situation improves significantly.

However, Speaker Abbas advised Soro to temporarily withdraw the motion to allow the House leadership to deliberate on the best course of action to address the issue.

In a related development, the Trade Union Congress of Nigeria (TUC) threatened to shut down the economy over the plan to implement the cybersecurity levy on electronic transactions. TUC’s president, Mr. Festus Osifo, criticized the levy as illogical, particularly given the current economic challenges faced by Nigerians. He warned that its implementation could worsen poverty and deepen the economic crisis in the country.