The Federal Government has chosen not to disclose the identities of individuals financing terrorism within the country.
Attorney General and Minister of Justice, Mr. Lateef Fagbemi, made this declaration during an interview at the 27th Inter-Governmental Action Group Against Money Laundering in West Africa (GIABA), Ministerial Committee Meeting in Abuja.
He had earlier confirmed that the government had successfully identified financiers of terrorism in the nation.
Amidst this development, the federal government has initiated the release of 4068 prisoners from various correctional centres across the country.
Fagbemi emphasized that refraining from naming and shaming is crucial to avoid jeopardizing ongoing investigations or impeding the apprehension of other involved individuals.
The decision not to disclose the identities of terrorism financiers is rooted in the need for careful handling of ongoing investigations.
Naming them might impede the process, hindering the apprehension of other potentially involved parties.
Simultaneously, the government has initiated a significant release of 4068 prisoners from correctional centres nationwide. Minister of Interior, Mr. Tunji Ojo, clarified that these releases primarily target non-violent offenders and individuals remanded due to an inability to pay fines.
Minister Ojo highlighted the government’s commitment to justice by successfully raising N585 million through Corporate Social Responsibility (CSR) from various entities.
This funding aided in settling fines, showcasing the government’s dedication to fulfilling promises.
Minister Ojo emphasized the transformational role of correctional centres. Beyond punishment, these centres aim to protect inmates’ fundamental rights, facilitate rehabilitation, and ensure successful reintegration into society.
The government’s focus is on reshaping and rehabilitating, not just punishing.
Director General of GIABA, Mr. Edwin Harris, commended member states for their commitment to combating money laundering and terrorist financing.
However, he stressed the urgent need to enhance the effectiveness of strategies, considering the current challenges in the fight against transnational crimes.