The Special Control Unit Against Money Laundering (SCUML) has sealed the offices of two companies in Sokoto State for failing to comply with Nigeria’s anti-money laundering regulations.
The affected firms — Iman Multi Structures Ltd and Daraja Motors — were shut down on Monday after allegedly ignoring sanctions imposed under the Money Laundering (Prevention and Prohibition) Act 2022 and the EFCC AML/CFT/CPF Regulations 2024.
According to the SCUML Zonal Coordinator, Assistant Commander of the EFCC, Ahmadu Bello, the companies had earlier been fined on June 18 and August 13, 2025, respectively but failed to remit the penalties to the government.
He disclosed that the deadline for payment expired more than a month ago, prompting enforcement action. “The premises will remain sealed until the organisations fully comply with extant regulations,” Bello stated.
The crackdown is part of SCUML’s ongoing drive to ensure that Designated Non-Financial Businesses and Professions (DNFBPs) adhere strictly to Nigeria’s anti-money laundering and counter-terrorism financing framework.
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