The United States government has imposed sanctions on a Nigeria-based money exchange operator accused of helping facilitate financial transactions linked to the Islamic State (ISIS).
The move is part of a wider crackdown targeting individuals and businesses allegedly involved in supporting the terrorist group’s funding network across several countries.
According to the US State Department, the sanctions affect three individuals and six entities operating across Europe, the Middle East and West Africa who are suspected of assisting ISIS in moving money and supporting its activities.
US State Department spokesperson Tommy Pigott said the network stretched across countries including France, Syria, Turkey and Nigeria.
The statement alleged that the Nigeria-based individual used money exchange businesses to help transfer funds connected to ISIS operations.
Authorities also accused other members of the network of facilitating cryptocurrency transactions and providing support to ISIS-linked associates in different parts of the world.
The US further highlighted its ongoing security cooperation with Nigeria, referencing a recent operation that led to the death of Abu-Bilal al-Minuki, a senior ISIS commander believed to have played a major role in coordinating international funding and operational activities.
American officials said they would continue to deploy diplomatic, financial and legal measures to disrupt terrorist financing networks and hold those involved accountable.
“The United States will continue to use every diplomatic and legal tool available to hold ISIS and its supporters accountable.”
The US government also reaffirmed its commitment to working with international partners, including Nigeria, to combat terrorism and strengthen global security.
Source: US State Department
