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NASCO group denies allegations of terrorism financing

6th October, 2021.

By Golok Nanmwa ,Jos 

Management of NASCO Group Nigeria  on Tuesday said  it has noted the ‘defamatory and slanderous’ contents of an online article currently being circulated in certain sections of the media about its business and alleged involvement in terrorism financing.

NASCO group  stated its objection to the allegations, denying the rumour.

The statement reads that , “We state categorically that we have never and will never be sponsor any criminal act, organisation, or violence of any kind that will disrupt the peace and tranquillity of the Nigerian state or any country in the world.”

The company said that, after the “unfortunate events of 2001,” thousands of people and entities around the world were subjected to investigations.

“A detailed examination by the United Nations Security Council and the US Government totally exonerated NASCO’s late founder. Dr. Ahmed Nasreddin, and his business interests of all allegations.

“It was clearly established that NASCO was never at any time associated with the sponsorship of terrorism — directly or indirectly — anywhere in the world;” adding that “a similar investigation was done by the National Intelligence Agency of Nigeria, where it also came to the same conclusion, thereby exonerating our late founder and NASCO Group of any act or complicity in the sponsorship of terrorism in Nigeria or any other country.”

It said that at no time were the assets of NASCO Group and/or any of its associated business interest ever seized or their accounts frozen due to any of the stated investigations.

We therefore firmly reject this false report, which was done in a clearly orchestrated manner with malicious intent.  It speaks volumes that the individual who is behind this mischievous article chose to only feature false allegations almost two-decades old, while intentionally leaving out the final UN resolutions and the accompanying exonerations.

As with all false and hate-filled articles, the truth will prevail. NASCO will continue to “provide the quality life” for Nigeria, the statement further added .


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