Reveal Identities Of Boko Haram Sponsors Within 14 Days – SERAP Tells CBN

The Socio-Economic Rights and Accountability Project, SERAP, has asked the governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, to reveal the identities of persons involved in funding the activities of terrorist group, Boko Haram through the bank.

This demand was made in a statement issued by the groups executive director, Adetokunbo Mumuni, on Monday, September 15, 2014.

The demand comes on the hills of allegations made by self acclaimed Australian Boko Haram sponsor, Stephen Davis, who claimed the Islamist extremist sect was being funded by a top CBN official.

Relying on the Freedom of Information Act, SERAP has asked the CNB governor to provide details on the exact nature and duration of such transactions within 14 days.

The organisation threatened to take legal actions against the CBN under the FoI Act to compel the CBN to comply.

The letter reads in part:

“Given the involvement of the CBN in this matter and the fact that you are the governor of the bank, we believe that you will be able to use your position and leadership to provide appropriate records and information on what exactly happened.

“SERAP is concerned about the damaging allegation especially given that the CBN as a regulatory body has a responsibility under the United Nations convention against corruption and other national laws to prevent money laundering in banks, and to ensure that its systems are transparent and accountable to the Nigerian people.”