Outrage as ECOWAS Report Uncovers ISWAP’s N18bn Terror Financing Network
Outrage as ECOWAS Report Uncovers ISWAP’s N18bn Terror Financing Network December 08, 2021 Outrage, anger, and disgust were some of the responses of security experts and civil society organisations (CSOs) at the weekend following a report by the Inter-governmental Action Group on Money Laundering in West Africa (GIABA) that the terror group, Islamic State’s West Africa Province (ISWAP) moved a whooping N18 billion annual revenue through the Nigerian financial system to fund its activities. Nigeria’s federal government was criticised for its failure to track the movement of funds by the terrorist groups, Boko Haram and ISWAP, through the country’s financial system. This was despite the trial and conviction of terror sponsors from Nigeria by the United Arab Emirates (UAE) and Saudi Arabia, who also made available intelligence on the convicted terror financiers to Nigeria. The Nigerian government was alleged to have taken no action on the matter. Related News ALSO READ Social ...