A large chunk of the finances of Boko Haram may be passing through the Central Bank of Nigeria (CBN), an Australian with close links to the militant group has told TheCable.

Dr Stephen Davis, who was in Nigeria for four months trying to negotiate with Boko Haram to release the kidnapped Chibok schoolgirls, said Boko Haram commanders told him a senior CBN official, who cannot be named by TheCable for legal reasons, was fully involved in the funding of the insurgency.

Davis, who spoke with TheCable on phone from Australia in his first interview with a Nigerian journalist, said Western countries could not trace the majority of the source of funding to Boko Haram because “it is done through a legal channel, through the gatekeeper, the CBN, and that makes it very easy to cover up”.

He said Boko Haram commanders told him a senior CBN official, who currently works in the bank’s currency operations division, was the one handling the transactions.

“One of the biggest of suppliers of arms and military uniforms to the JAS (Jama’atu Ahlis Sunna Lidda’awati wal-Jihad, better known as Boko Haram) currently lives in Cairo, Egypt. He is the recipient of money sent by political sponsors from Nigeria. The funds go through the CBN’s financial system and appear to be a legal transaction.

“Meanwhile, the CBN official who handles the funding is an uncle to three of those arrested in connection with the Nyanya bombings. The three boys lived with him. They were arrested by the SSS (Department of State Security) after the bombings but they do not seem to have been interrogated about their uncle in CBN. Or if they have given up information about their uncle then the SSS has not moved against him.”

“Also, a senior official of CBN, who recently left the bank, was very close to Sodiq Aminu Ogwuche, the mastermind of the Nyanya bombings who also schooled in Sudan. Boko haram commanders said Ogwuche’s wife used to visit this top official in his office at the headquarters of the bank in Abuja before the Nyanya bombings. They were very close,” Davis said.

The former Canon Emeritus at Coventry Cathedral, UK, said he decided to come out to speak now because the Nigerian authorities were not acting fast and he was heart-broken by the evils being done to the kidnapped Chibok girls and the many other girls and boys being kidnapped.

“I have three daughters. I just cannot stand the thought of what those girls are passing through. I have spoken to an escapee who described how she was being raped for 40 days by militants. I can’t stand it. It is heart-breaking. Nigerian authorities must act decisively now,” he said, revealing that he spent “days and weeks” with commanders of Boko Haram in the north-east during his time in Nigeria.

Davis, 63, holds a PhD in political geography from the University of Melbourne, Australia.

http://www.thecable.ng/exclusive-boko-haram-funded-through-cbn

In the words of gen.sani abacha " any crisis that goes on for more than 24hours with the military unable to bring it under control has the hands of the federal government in it'

Hmmmm
Clear throat like OATT
#thats all.

dreamchazer: In the words of gen.sani abacha " any crisis that goes on for more than 24hours with the military unable to bring it under control has the hands of the federal government in it'

You can say that again!!


Can you please remind me what happened to the man who said bokoharam is PDP and PDP is bokoharam?

FG indirectly fund bokoharam from the ransom monies they pay to secure the release of kidnapped individuals!!!

SLS and his mole in the currency operation department comes to mind..

sitting in the to..I.let

I think Boko haram is diverting attention

If this Australian truly believes he knows anything why not report to security forces for proper investigation?

I think Nigeria should liaise with the Australian Government and get this fool called Dr Davies debriefed

I think he has a lot of modied information that needs to be processed by professionals. Some are useful while others are mere diversions

But I think they are being dumped in the public domain to paint the Presidency in bad light as lacking the willingness to deal with Boko haram.

I don't take this man called Dr Davies seriously honestly!

That's no surprise cos we knew it all along. More evidence needed.

dreamchazer: In the words of gen.sani abacha " any crisis that goes on for more than 24hours with the military unable to bring it under control has the hands of the federal government in it'

Fact! For the fact that Nigerian Army can't bring down Boko haram means a lot is happening within the federal system.

Elite terrorist... All within the wall

Anyone who believes that the truth about Boko haram will be uncovered through revelations given willingly by bh commanders who are safe in their abode will believe anything

People must realise that we are not talking about village thieves who steal goats and yams. We are talking about international terrorists!!!!

Its so surprising that the Australian dude knows more about the Nigerian Amry and DSS.

What a shame!!

Name them one by one for us,dont keep us gussing

Now Canon is high time you left this country for good. The mediation is surely not going to go down well with all this revelations

mikeansy: Anyone who believes that the truth about Boko haram will be uncovered through revelations given willingly by bh commanders who are safe in their abode will believe anything

People must realise that we are not talking about village thieves who steal goats and yams. We are talking about international terrorists!!!!

I agree with you. But the fact that CBN had been used to fund Boko Haram is a theory that existed since last year 2013. Not because the Australian said so. Infact I don't give a damm about him.
Some of the funding were even made in the name of donations.
Of course Boko Haram terrorist will always remain killers, murderers and liars.

Obiagelli:
how come everyone wants to paint your presidency black.

Who is everyone

Boko haram for obvious reasons will like to dethrone the Presidency

The Aussie simply has no clue and is believing everything he is told!

Are we surprised? In the last republic, a sitting governor & a senator from that side of the country were pointed out to be directly involved in the BH operations. This isnt news.

The best way to hide a lie is to mix it up with truths.

The best way to hide the truth is to mix it up with lies.



The Australian guy is either acting a script or has being fooled completely.

CyberWolf: SLS and his mole in the currency operation department comes to mind..

Too early to call names but by God's wil, d truth wul b establish in no distance time

Obiagelli:
the aussie, Cnn, bbc, al jazeera, sky news, Paul biya, Washington post, new York times, Apc, obiagelli, even snoop dogg,..........

You don start again

I will expose you again

U see, a stranger is nw d one telling us wot is happenin under our very nose. Wot kind of elders are dis northern elders anyway? My people use 2 say'an elder does nt sit at home nd watch d she goat suffer d pains of paturition. Their own na 2 sit down dey look nd evn fuel d problem. Me,i tink d state government of d affected places nd d northern elders shuld arise nd deal wit dis problem once nd 4 al. I dont tink dat d south east wil b waitin 4 d federal govt if bokoharam should atempt their domain. Nay! I dont tink so.

CyberWolf: SLS and his mole in the currency operation department comes to mind..

It is not physically possible for SLS to move money like that directly to terrorists through operations department

The best SLS can do as per moving money illegally is donating money through 3rd parties

Hence why I don't believe much from this Aussie and his Boko haram contact

But most importantly energy and time expended to pursue this line is better served actually chasing Boko haram. Let the experts do their work!

The public should back off this issue

Obiagelli:
how come everyone wants to paint your presidency black.

read the message line by line and comment with sense. everything is not politics. this is about our collective security.

asadike: U see, a stranger is nw d one telling us wot is happenin under our very nose. Wot kind of elders are dis northern elders anyway? My people use 2 say'an elder does nt sit at home nd watch d she goat suffer d pains of paturition. Their own na 2 sit down dey look nd evn fuel d problem. Me,i tink d state government of d affected places nd d northern elders shuld arise nd deal wit dis problem once nd 4 al. I dont tink dat d south east wil b waitin 4 d federal govt if bokoharam should atempt their domain. Nay! I dont tink so.

Osisikankwu tried to cause confusion. The people of Abia colluded with Army to get rid of him.

Why can't Muslim and Hausa do the same with Boko haram?

it is very shameful that some from another country even knows everything that is happening in our own country yet we are not even aware of FG has a hand in BH, this country needs a revolution we need to flush all these devils who call themselves politicians.

mikeansy:

Osisikankwu tried to cause confusion. The people of Abia colluded with Army to get rid of him.

Why can't Muslim and Hausa do the same with Boko haram?

Dont mind them my brother. Everytin na 2 wait 4 gudluck nd jonathan abi na jona nd gej while they secretly fuel d problem. Nonsense

The funds go through the CBN’s financial system and appear to be a legal transaction.

This was the reason they wanted malam Sanusi there at all cost.