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FG Seizes N83bn in Protest Funds, Arrests Local and Foreign Alleged Planners

info@dailymailngr.com by info@dailymailngr.com
August 14, 2024
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The Federal Government has uncovered and blocked at least N83 billion in both cryptocurrency and fiat money intended for recent nationwide protests, The PUNCH reports.

The funds include $50 million in cryptocurrency, with $38 million frozen in four cryptocurrency wallets, and N4 billion contributed by political figures in Abuja, Kano, Kaduna, and Katsina.

National Security Adviser Nuhu Ribadu disclosed these details during a briefing at the Council of State meeting convened by President Bola Tinubu at Aso Rock Villa in Abuja.

Ribadu, presenting on “The Nationwide Protest As It Affects National Security,” also revealed that an European individual, identified as the orchestrator behind the foreign flags used in the protests, will soon be declared wanted by the Police.

According to sources familiar with the meeting, Ribadu reported that local conspirators in Abuja, Kaduna, and Kano have been arrested.

The NSA’s presentation highlighted that $50 million in donations were traced to crypto wallets, with $38 million successfully blocked.

Additionally, N4 billion from political actors was identified as funding for the protests.

The meeting, which included both former Presidents Goodluck Jonathan and Muhammadu Buhari, as well as retired Generals Yakubu Gowon and Abdulsalami Abubakar, addressed various national issues, including security and the economy.

The protests, which began on August 1, saw demonstrations turn violent, leading to property destruction and at least 17 deaths.

The use of Russian flags during the protests has been condemned, with claims of foreign interference being investigated.

The Minister of Solid Minerals Development, Dele Alake, condemned attempts at regime change through protests, affirming that any governmental changes should occur through elections, not insurrection.

The meeting concluded with a vote of confidence in President Tinubu, signaling support for his administration amidst ongoing national challenges

Tags: FGProtestTinubu
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