Sunday, December 5, 2021

Nigerian govt reveals Igboho’s financers

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Ibrahim Ramalan
Ibrahim Ramalan is a graduate of Mass Communications from the Ahmadu Bello University (ABU) Zaria. With nearly a decade-long, active journalism practice, Mr Ramalan has been able to rise from a cub reporter to the exalted position of an editor; first as Arts Editor with the Blueprint Newspapers before resigning in 2019; second and presently as an Associate Editor of the Daily Nigerian online newspaper. He can be reached via [email protected], or, or @McRamalan on Twitter.
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The Federal Government has revealed details of the sponsors and financers of the self-acclaimed Yoruba Nation activist, Sunday Igboho.

The activist was in July arrested in Benin Republic en route Germany in attempt to evade arrest by the operatives of the State Security Service, SSS.

Mr Igboho is standing trial in Benin court over alleged illegal migration, dubious connivance with immigration officers and an attempt to cause civil unrest.

Addressing a press conference in Abuja on Friday, the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, said a report revealed that Mr Igboho is linked to 43 bank accounts in 9 banks.

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According to him, major financier of the separatist leader was found to be a federal lawmaker in the National Assembly.

While give details of the illicit financial transactions between Mr Igboho and his financers, the AGF said about N127, 145,000.00 was received by the activist from his financiers between October 22, 2013 and September 28, 2020.

According to Mr Malami, these transactions were carried out through Adesun International Concept Ltd accounts which Mr Igboho is a Director and signatory while Oladele Oyetunji and Aderopo Adeyemo are Directors.

Mr Malami said: “A total sum of TWO HUNDRED AND SEVENTY-THREE MILLION, ONE HUNDRED AND NINETY-EIGHT THOUSAND, TWO HUNDRED NAIRA ONLY (N273,198,200.00) transaction outflows was recorded from Sunday Igboho’s account between 15th March, 2013 and 11 the March, 2021.

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“Investigation reveals that Adesun International Concept Ltd (belonging to Igboho) transferred the sum of twelve million seven hundred and fifty thousand naira (N12, 750,000) to Abbal Bako & Sons.

“It might be recalled that Abbal Bako & Sons and its promoter Abdullahi Umar Usman are suspects in the on-going Joint Terrorist Financing Investigation.

“Abdullahi Umar Usman is by way of financial transaction connected to SURAJO ABUBAKAR MUHAMMAD (who was sentenced to life imprisonment in UAE on charges of financing terrorism [Boko Haram]).

“This report shows the nexus between separatists’ agitation, terrorism financing and disruptions of peace in the country.

“The report found connections of financial transaction between Adesun International Concept Ltd (belonging to Igboho) and some construction companies and businesses among others.

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“Having received the reports, the Federal Government remains solute in its determination to have a peaceful Nigeria.

“The Federal Government will do the needful, within the context of the legal provisions, in ensuring that the matter is giving the deserved attention and those found guilty will be made to face the wrath of the law,” the minister concluded.

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