An official dossier recently unveiled by the Nigerian Financial Intelligence Unit (NFIU) has shed light on the financial mechanisms behind the activities of the proscribed Indigenous People of Biafra (IPOB).
In its comprehensive investigation, the NFIU has disclosed the presence of 27 operational cells linked to IPOB across 22 different nations, including prominent countries like the United States and the United Kingdom.
Highlighted in a recent publication addressing the financing of illicit activities in Nigeria, the NFIU underscored the role of global crowdfunding and sports betting platforms in facilitating funds for IPOB, as well as other outlawed groups like bandits.
Following the Nigerian government’s proscription of IPOB in 2017 and its classification as a terrorist organization, IPOB’s leader, Nnamdi Kanu, is currently undergoing legal proceedings on terrorism-related charges.
The NFIU’s document, titled “Counter Terrorism Financial Newsletter,” identifies 54 individuals worldwide associated with IPOB’s operations. It delineates the widespread diaspora network of IPOB affiliates and the establishment of 27 registered entities across the globe, with the US and UK housing the largest number of registrations.
Further examination of financial transactions reveals a complex web of funding sources, including crowdfunding primarily facilitated by Nigerian expatriates. Notably, substantial sums, exceeding $160,000, have been channeled to media and broadcasting companies in Bulgaria, South Africa, and the UK.
The report also provides detailed profiles of IPOB’s leader, along with associated individuals, alongside their international addresses and contact details. This comprehensive dossier has been forwarded to law enforcement agencies for further investigation and action.
