CBN Orders Banks to Report Boko Haram Accounts
Central Bank Governor, Lamido Sanusi
The Central Bank of Nigeria, CBN, Wednesday, ordered banks and other financial institutions in the country to report on any Boko Haram, Ansaru related accounts.
It
would be recalled that the Federal Government recently declared
activities of the two sects as terrorism and illegal and hence
proscribed their existence.
In
a circular to all financial institutions, signed by the Acting
Director, Financial Policy and Regulation Department, Mr. Nwaoha T, the
CBN said: “The Federal Government of Nigeria in its effort to stem
terrorism in the country has proscribed the activities of Jamaatu
Ahlis-sunna Liddaawati Wal Jihad” otherwise known as “Boko Haram” sect
and “Jama’atu Ansarul Muslimina Fi Biladis Sudan” (JAMBS -
Ansaru) in
any part of the country.
“Their
activities are consequently declared as terrorism and illegal. All
banks and other financial institutions (OFls) are, by this letter,
required to check their database for the names “Jamaatu Ahlis-sunna
Uddaawati Wal Jihad” otherwise known as “Boko Haram” Sect and “Jama’atu
Ansarul Muslimina Fi Biladis Sudan” (JAMBS - Ansaru) as well as their
associates and to report same to the Central Bank of Nigeria. Where no
accounts or business relationship are maintained for any of the
proscribed names or their associate, a nil return should be rendered.”
