Boko Haram funding and UAE’s example | The Guardian Nigeria News - Nigeria and World News - News Summed Up

Boko Haram funding and UAE’s example | The Guardian Nigeria News - Nigeria and World News


An Abu Dhabi Federal Court of Appeal in the United Arab Emirates (UAE) convicted six Nigerians over alleged funding of Boko Haram. The story detailed how an Abu Dhabi Appeal Court upheld conviction of some Nigerians for allegedly supplying almost N300m to fund Boko Haram. Court documents show that between 2015 and 2016, the convicts were involved in cash transfers totalling $782,000.00 to Boko Haram. According to aid agency – Mercy Corps, Boko Haram was exploiting the poverty facing most small business owners from butchers and beauticians to tailors and traders, to get them to accept the loans in exchange for joining Boko Haram. The report also revealed Boko Haram has their money laundered through Bureau de Changes.


Source: The Guardian November 24, 2020 04:30 UTC



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