US lists entities ‘linked to ISIS financing,’ names 3 Nigerian BDCs

The United States has released the identities of three individuals and six entities allegedly linked to Islamic State (ISIS) financing, including three Nigerian bureau de change (BDC) operators.

On Monday, Tommy Pigot, US state department spokesperson, said a Nigeria-based operator was among the three individuals and entities accused of helping the ISIS move funds across borders through money exchange businesses.

Pigot said the network spanned from France and Syria to Turkey and Nigeria.

According to the US official, the Nigeria-based facilitator’s money exchange businesses served as conduits for ISIS financing.

The other two individuals, said to be bases in France and Syria, alongside the Nigerian, and complicit entities were sanctioned by the US.

A separate statement by the Treasury Department identified the individuals and entities, including Muhammad Mukhtar Adamu from Lagos.

The Nigerian BDCs listed among the entities are said to be situated in Lagos and Kano.

According to the statement, Generation Currency Bureau de Change Limited, Lagos; Nine to Nine Exchange Bureau de Change Limited, Lagos; and Manhattan Bureau de Change Limited, Kano, are among the entities allegedly linked to ISIS financing.

Below is the full list:

INDIVIDUALS

ABDELHAKIM, Boukich (a.k.a. “ALHOLANDI, Abu Sulayman”; a.k.a. “BABILI, Muhammad”), Syria; DOB 15 Dec 1993; alt. DOB 01 Jan 1991; POB The Hague, Netherlands; alt. POB Aleppo, Syria; nationality Netherlands; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; National ID No. 02040063438 (Syria) (individual) [SDGT] (Linked To: ISLAMIC STATE OF IRAQ AND THE LEVANT).

ABDERRAHMANE, Miloud (a.k.a. “GHAZI, Ibrahim”), France; DOB Aug 1992; nationality France; citizen France; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Digital Currency Address – TRX TBXMiRqUp1XH1zLazWu8cWitMAScv4HsYq; alt. Digital Currency Address – TRX TDFj8tYzfLDkwEMo4MJ2DfrbpMztuCCnan (individual) [SDGT] (Linked To: ISLAMIC STATE OF IRAQ AND THE LEVANT).

MUHAMMAD, Mukhtar Adamu (a.k.a. ADAMU, Mukhtar; a.k.a. MUKHTAR, Muhammad), No. 45, Abimbola Street, off Capital Road, by Morcas Agege, Lagos State, Nigeria; DOB 02 Aug 1990; alt. DOB 03 Aug 1990; nationality Nigeria; Gender Male; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Passport A11904741 (Nigeria); alt. Passport A07422697 (Nigeria) (individual) [SDGT] (Linked To: ISIS-WEST AFRICA).

ENTITIES

ALKARAM DANISMANLIK GAYRIMENKUL IC VE DIS GENEL TICARET LIMITED SIRKETI (Latin: ALKARAM DANIŞMANLIK GAYRİMENKUL İÇ VE DIŞ TİCARET LİMİTED ŞİRKETİ) (a.k.a. ALKARAM CONSULTING REAL ESTATE DOMESTIC AND FOREIGN TRADE LIMITED COMPANY; a.k.a. SPIDER COMPANY ISTANBUL EXCHANGE RATES; a.k.a. “AL-KARAM COMPANY”; a.k.a. “AL-KARAM FINANCIAL TRANSFERS” (Arabic: “الكرم للحوالات المالية”); a.k.a. “AL-KARAM MONEY TRANSFER COMPANY”), Haseki Sultan Mh. Tur. Ozal Mil. CD. Manisa Is Mer. Bl. No. 49/13, Fatih, Turkey; Website www.alkarammt.com/branch/index.php?p=l&f=i; alt. Website alankbot.com; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 08 Feb 2022; Organization Type: Financial and Insurance Activities; Trade License No. 360569-5 (Turkey); Commercial Registry Number 1351314 (Turkey) [SDGT] (Linked To: ISLAMIC STATE OF IRAQ AND THE LEVANT).

BITCOIN EXCHANGE AGENT IDLIB’S NO.1 COIN EXCHANGE (a.k.a. IDLIB NO 1 BTC; a.k.a. NO.1 BITCOIN EXCHANGE AGENT; a.k.a. “BITCOIN XCHANGE”), Idlib, Syria; Salqin, Syria; Darkush, Syria; Sarmada, Syria; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 2020; Organization Type: Financial and Insurance Activities [SDGT] (Linked To: ISLAMIC STATE OF IRAQ AND THE LEVANT).

GENERATION CURRENCY BUREAU DE CHANGE LIMITED, Lagos, Nigeria; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 09 Jan 2019; Organization Type: Financial and Insurance Activities; Registration Number RC 1555604 (Nigeria) [SDGT] (Linked To: MUHAMMAD, Mukhtar Adamu).

MANHATTAN BUREAU DE CHANGE LIMITED, No. 59 Murtala Mohammad Way, Wapa, Kano, Nigeria; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 26 Jan 2021; Organization Type: Financial and Insurance Activities; Serial No. 617688217763824 (Nigeria); Tax ID No. 23832449-0001 (Nigeria); Registration Number RC 1763824 (Nigeria) [SDGT] (Linked To: MUHAMMAD, Mukhtar Adamu).

NINE TO NINE EXCHANGE BUREAU DE CHANGE LIMITED, Block 7, Faan Complex, Airport Road by Beesam Bus Stop, Ikeja, Lagos, Lagos State, Nigeria; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 22 Aug 2017; Organization Type: Financial and Insurance Activities; Registration Number RC 1462752 (Nigeria) [SDGT] (Linked To: MUHAMMAD, Mukhtar Adamu).

SPIDER GAYRIMENKUL VE GENEL TICARET LIMITED SIRKETI (Latin: SPİDER GAYRİMENKUL VE GENEL TİCARET LİMİTED ŞİRKETİ) (a.k.a. SPIDER GENERAL TRADING AND MONEY TRANSFER COMPANY; a.k.a. SPIDER MONEY TRANSFER COMPANY; a.k.a. SPIDER REAL ESTATE AND GENERAL TRADE LIMITED COMPANY; a.k.a. “SPIDER GENERAL TRADING COMPANY” (Arabic: “شركة سبايدر للتجارة العامة”); a.k.a. “SPIDER TICARET”), Iskenderpasa Mah, Ragipbey Sk, No:3/1, Fatih, Istanbul, Turkey; Website www.spidermt.com/branch/index.php?p=l&f=i; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 14 May 2018; Organization Type: Financial and Insurance Activities; Trade License No. 139309-5 (Turkey); Commercial Registry Number 0781073746200001 (Turkey); Chamber of Commerce Number 1129156 (Turkey) [SDGT] (Linked To: ISLAMIC STATE OF IRAQ AND THE LEVANT).