Military says banking system frustrates effort to track Boko Haram funding

The Intelligence Agency said it is taking steps to in tracking Boko Haram sources of funding despite the banking system difficulty.


The Chief of Defence Intelligence of the Nigerian Army, Rear Admiral Gabriel Okoi has said that banking system frustrates its effort to tracking the sources of funding of the terror group Boko Haram.

While speaking to journalists shortly after the closing ceremony of the Deputy Defence Advisers/Attaches and Librarian training conference in Abuja on Wednesday, May 20, Okoi said the Defence Intelligence Agency (DIA) is taking steps to track the sources of the terrorists’ funds anyway.

On the funding sources, he said; “We are doing something about it. It is just because of the system we have in Nigeria and the banking system does not allow you to really go into much of those things.

“They have been empowered now; we have given them all they need, we told them how they should go about intelligence gathering, so we expect positive results from them.”


Eyewitness? Submit your stories now via social or:


Recommended articles

Sanwo-Olu vows to hunt killers of top police officer

Akeredolu presents N191.6bn budget for 2022

Sanwo-Olu says Lagos will continue to create room for youths

Nigerian Stock Exchange extends losing streak by N3bn

Firefighters will now respond to emergencies with armed guards

Senate probes alleged fake COVID-19 test results to defraud Nigerians in Ghana

3 more Kaduna villagers found dead following attacks that left 43 dead

Over 6,000 young people register to participate at National Youth Conference

Police arrest 42 Shiite members over violent protests in Abuja