Nigerian govt tracking cash movement by NGOs in North-east – Magu

The acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, on Sunday said all not-for-profit organisations in Northeast must now have clearance from the commission before they could move cash around.

Magu spoke during a courtesy visit to Segun Adeniyi, the Theatre Commander of the Operation Lafiya Dole in Maiduguri, the Borno State capital.

He was represented by Lawrence Iwodi, head of EFCC

Maiduguri zonal office. He said the development would help in discovering those financing terrorism in the region.

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According to a statement credited to the commission, Magu revealed that EFCC “has been keeping an eye on the activities of persons and groups serving as humanitarian or aid workers within this 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 added.

Recall that Magu, in May, had raised the alarm that some NGOs were allegedly funding terrorist organisations. He had claimed at a retreat for newly elected governors that the anti-graft agency intercepted about N45 million from an NGO in April.

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“We discovered that there is a lot of corruption and illicit financial flow in their operations,” he said.

He said the EFCC has been monitoring undeclared cash above N1 million, by individuals and organisations in Borno and Yobe states,
He added that the Federal Airport Authority of Nigeria has also ensured that such cash movements are reported.

In his remarks, Mr Adeniyi said the command, under his watch, would not allow humanitarian aid workers to move undeclared funds in and out of the North-east.

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The Nigerian army recently closed down the offices of two international aid groups in the Boko Haram-ravaged North-east.

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