Matters Arising learnt that, at the least 180 Bureau De Change BDC operators nabbed by security operatives for alleged link to terrorism financing paid N900 million in penalties before they returned to their businesses,
This comes as Bureau De Change BDC operators and different merchants rounded up by security agents in March, on suspicion of involvement in financing of terrorism have remained in detention, nearly three months after their arrest.
On a couple of event recently, the Minister of Justice and Attorney General of the Federation, Abubakar Malami, has said that the federal authorities will put in about 400 suspects on trial for financing terrorism.
President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, stated every of the 180 BDC operators was made to pay N5 million penalty to CBN, amounting to N900m.
After engaging with the CBN and appealing to them, we were in a position to clear about 180 of our members who had been requested to pay N5 million each as penalties.
They’ve complied and are actually returned to their professional enterprise,” Gwadabe stated.