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Legit.ng journalist Esther Odili has over two years of experience covering political parties and movements.
On Thursday, August 21, the Chief of Defence Staff (CDS), General Christopher Musa, revealed that terrorists in Nigeria are increasingly using gold as a means to finance their operations.
Photo credit: Defence HQ
Source: Facebook
General Musa, who made a guest appearance on Channels Television’s Politics Today programme on Thursday, explained that terror financiers rely on complex networks, including international connections, which make it difficult to immediately expose or prosecute them.
Speaking about the main source of financing for these groups, the defence chief said:
“Gold. They try to circulate this money, and that is why it is important for us to be able to track these things.
“The process is on. It has to do with a lot of legal issues, and because it has to do with international connections, some of them have funds coming from outside, we cannot do anything from within.”
General Musa further disclosed that locally, terror groups employ individuals by providing them with motorcycles and small jobs, with the expectation that they remit money into designated accounts daily.
“The process is on. It has to do with a lot of legal issues, and because it has to do with international connections, some of them have funds coming from outside, we cannot do anything from within.
“The local ones, what they do normally is that they try to employ a few individuals, provide motorcycles to them, something to do, and those are remitting funds daily into some account,” he said.
Watch CDS Musa’s interview below;
Source: Legit.ng
