EFCC's SCUML Seals Two Firms in Sokoto for Money Laundering
The Special Control Unit on Money Laundering (SCUML) of the EFCC has sealed two firms in Sokoto, namely Iman Multi Structures Ltd and Daraja Motors, for violating the Money Laundering Prevention and Prohibition Act 2022. These Designated Non-Financial Institutions and Businesses or Professions (DNFIBPs) were initially fined in June and August 2025 but failed to pay the penalties.
The EFCC confirmed the closure of the premises in line with regulations to prevent money laundering and terrorist financing. The sealing of these businesses underscores the commitment of the EFCC to enforcing financial regulations and combating illicit financial activities in Nigeria.
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