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Inform Us Of Cash Movements In North-east, EFCC, Army Tell NGOs, Others

Oluwafemi Ashaolu by Oluwafemi Ashaolu
3 years ago
in Breaking News
Reading Time: 2 mins read
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Looters Stole $217.7bn From Nigeria In 38 Years – EFCC

Magu

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Ibrahim Magu, the acting chairman, Economic and Financial Crimes Commission (EFCC), has called on the Theatre Commander of Operation Lafiya Dole of the Nigerian Army, Major General Olusegun Adeniyi, to ensure that Non-Govermental Organizations (NGOs), and other bodies operating in the North-east do not move cash in the area without securing clearance from the EFCC.

The move is part of the measures to check financial flow to Boko Haram terrorists.

Magu said this through Lawrence Iwodi, head of the anti-graft agency, Maiduguri Zonal office, during a courtesy visit to the Theatre Command of the Operation Lafiya Dole at Maimalari Barrack, Maiduguri, Borno State.

Read Also: FG To Arraign Sowore On Monday

While commending the efforts of the command in the fight against insurgency, Magu disclosed that the commission has compiled the list of persons and groups serving as humanitarian or aid workers within the region.

“We have successfully compiled the list of all the Non-governmental organisations operating in Borno and Yobe States; also their financial activities are monitored by the EFCC, especially on the movement of cash”, he said.

According to him, the EFCC has been monitoring undeclared cash above N1million by individuals and organizations in Borno and Yobe states, adding that the Federal Airport Authority of Nigeria(FAAN) has also ensured that such cash movements are reported.

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Magu tasked the army to as a matter of urgency, ensure that any humanitarian aid organizations moving or distributing cash to beneficiaries obtains clearance from the EFCC, before doing so.

“We made it mandatory for any person or group moving cash especially in areas seriously affected by the insurgency, notify the EFCC”, he added.

Responding, Adeniyi promised that the command under his watch will not allow humanitarian aid workers move undeclared funds in and out of the Northeast.

The Nigerian Army had reportedly accused some humanitarian agencies operating in the region of sponsoring insurgency in the area.

Tags: ArmyCashEFCCNGOsNortheast
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