Anti-Money Laundering Body Seals Two Companies in Sokoto
The Special Control Unit Against Money Laundering (SCUML) on Monday, September 29, 2025, sealed the offices of Iman Multi Structures Ltd and Daraja Motors for failing to comply with the Money Laundering (Prevention and Prohibition) Act 2022 and EFCC AML/CFT/CPF regulations 2024.
Both companies had previously been sanctioned and fined for regulatory breaches — Iman Multi Structures on June 18 and Daraja Motors on August 13, 2025 — but reportedly failed to remit the required payments to the government.
Investigations by SCUML Zonal Coordinator, Assistant Commander of the EFCC, ACE Ahmadu Bello, revealed that the ultimatum given to the companies to settle their fines expired over a month ago, prompting the closure of their premises.
“The premises will remain sealed until the companies comply fully with the extant regulations,” Bello stated.
The action highlights SCUML’s commitment to enforcing anti-money laundering laws and ensuring strict adherence by Designated Non-Financial Businesses and Professions (DNFBPs) across the country.
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