US sanctions Lagos-based BDC operator, firms over alleged terrorism financing

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The United States imposed sanctions on Mukhtar Muhammad, a Lagos-based Bureau De Change operator, and three associated firms, accusing them of facilitating financial support for the Islamic State in West Africa. This move reflects US efforts to combat terrorism financing.

The United States government has sanctioned Mukhtar Muhammad, Lagos-based Bureau De Change (BDC) operator and three firms allegedly controlled by him over claims that they served as financial conduits for the West Africa franchise of Islamic State of Iraq and Syria (ISIS). The post US sanctions Lagos-based BDC operator, firms over alleged terrorism financing appeared first on Premium Times Nigeria.