The United States has identified three Nigerian bureau de change (BDC) operators among individuals and entities allegedly linked to financing the Islamic State (ISIS), as part of a broader sanctions action targeting a transnational network.Africans & Diaspora according to Witnessngr.com
Speaking on Monday, Tommy Pigott, spokesperson for the US State Department, said a Nigeria-based operator was among those accused of facilitating the movement of funds for ISIS through money exchange businesses.
According to Pigott, the network spans multiple countries, including France, Syria, Turkey, and Nigeria, with financial channels allegedly used to move funds across borders.
The US government said the individuals and entities have been sanctioned for their roles in supporting ISIS financing activities.
In a separate statement, the US Treasury Department listed the affected individuals and organisations, including Muhammad Mukhtar Adamu, identified as being based in Lagos.
Three Nigerian BDCs were also named among the entities. They are Generation Currency Bureau de Change Limited (Lagos), Nine to Nine Exchange Bureau de Change Limited (Lagos), and Manhattan Bureau de Change Limited (Kano).
According to the US authorities, the Nigerian-based facilitator allegedly used money exchange businesses as conduits for illicit financial flows linked to ISIS operations. Politics (Right)
The sanctions form part of ongoing efforts by the United States to disrupt financial networks supporting terrorist organisations and limit their ability to operate globally.
The Treasury noted that the measures target both individuals and corporate entities believed to be involved in the network, with restrictions aimed at cutting off access to international financial systems.
Further details released by US authorities indicate that the designated network includes operatives and financial platforms across Europe and the Middle East, highlighting the global scope of the alleged financing structure.Africans & Diaspora
Full List of Individuals and Entities Named by the United States
INDIVIDUALS
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Abdelhakim Boukich (a.k.a. “Alholandi, Abu Sulayman”; “Babili, Muhammad”)
Location: Syria
Date of Birth: 15 Dec 1993 (alt. 01 Jan 1991)
Place of Birth: The Hague, Netherlands (alt. Aleppo, Syria)
Nationality: Netherlands
Gender: Male
National ID: 02040063438 (Syria)
Status: [SDGT]
Linked to: Islamic State of Iraq and the Levant
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Miloud Abderrahmane (a.k.a. “Ghazi, Ibrahim”)
Location: France
Date of Birth: Aug 1992
Nationality: France
Gender: Male
Digital Currency Addresses:
TRX TBXMiRqUp1XH1zLazWu8cWitMAScv4HsYq
TRX TDFj8tYzfLDkwEMo4MJ2DfrbpMztuCCnan
Status: [SDGT]
Linked to: Islamic State of Iraq and the Levant
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Muhammad Mukhtar Adamu (a.k.a. Adamu, Mukhtar; Mukhtar, Muhammad)
Address: No. 45 Abimbola Street, off Capital Road, by Morcas, Agege, Lagos State, Nigeria
Date of Birth: 02 Aug 1990 (alt. 03 Aug 1990)
Nationality: Nigeria
Gender: Male
Passport: A11904741 (alt. A07422697)
Status: [SDGT]
Linked to: ISIS-West Africa, Africans & Diaspora
ENTITIES
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Alkaram Danismanlik Gayrimenkul Ic ve Dis Genel Ticaret Limited Sirketi**
(a.k.a. Alkaram Consulting Real Estate Domestic and Foreign Trade Ltd; Spider Company Istanbul Exchange Rates; Al-Karam Company; Al-Karam Financial Transfers; Al-Karam Money Transfer Company)
Location: Fatih, Istanbul, Turkey
Established: 08 Feb 2022
Type: Financial and Insurance Activities
Trade License: 360569-5
Registry No.: 1351314
Status: [SDGT]
Linked to: Islamic State of Iraq and the Levant
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Bitcoin Exchange Agent Idlib’s No.1 Coin Exchange
(a.k.a. Idlib No.1 BTC; No.1 Bitcoin Exchange Agent; Bitcoin Xchange)
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Locations: Idlib, Salqin, Darkush, Sarmada (Syria)
Established: 2020
Type: Financial and Insurance Activities
Status: [SDGT]
Linked to: Islamic State of Iraq and the Levant
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Generation Currency Bureau de Change Limited
Location: Lagos, Nigeria
Established: 09 Jan 2019
Registration No.: RC 1555604
Type: Financial and Insurance Activities
Status: [SDGT]
Linked to: Muhammad Mukhtar Adamu, Africans & Diaspora
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Manhattan Bureau de Change Limited
Address: No. 59 Murtala Mohammed Way, Wapa, Kano, Nigeria
Established: 26 Jan 2021
Registration No.: RC 1763824
Tax ID: 23832449-0001
Serial No.: 617688217763824
Type: Financial and Insurance Activities
Status: [SDGT]
Linked to: Muhammad Mukhtar Adamu
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Nine to Nine Exchange Bureau de Change Limited
Address: Block 7, Faan Complex, Airport Road, by Beesam Bus Stop, Ikeja, Lagos, Nigeria
Established: 22 Aug 2017
Registration No.: RC 1462752
Type: Financial and Insurance Activities
Status: [SDGT]
Linked to: Muhammad Mukhtar Adamu, Africans & Diaspora
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Spider Gayrimenkul ve Genel Ticaret Limited Sirketi
(a.k.a. Spider General Trading and Money Transfer Company; Spider Money Transfer Company; Spider Real Estate and General Trade Ltd; Spider General Trading Company; Spider Ticaret)
Address: Iskenderpasa Mah, Ragipbey Sk No:3/1, Fatih, Istanbul, Turkey
Established: 14 May 2018
Trade License: 139309-5
Registry No.: 0781073746200001
Chamber of Commerce No.: 1129156
Type: Financial and Insurance Activities
Status: [SDGT]
Linked to: Islamic State of Iraq and the Levant
