The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated Mukhtar Adamu Muhammad as an ISIS in West Africa (ISIS-WA) financial facilitator.

Muhammad, born August 2, 1990, is said to have conducted money transfers on behalf of ISIS-WA.

His home address was given as No. 45, Abimbola Street, off Capital Road, by Morcas Agege, Lagos State,

According to the Treasury Office, Muhammad is being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods and services to or in support of, ISIS-WA.

Three Bureau De Change companies based in Lagos – Nine Exchange, Manhattan Bureau, and Generation Currency – are being designated pursuant to E.O. 13224, as amended, for being owned, controlled, or directed by, or having acted or purported to act on behalf of, directly or indirectly, Mukhtar Adamu Muhammad.

“As a result of today’s action, all property and interests in property of the designated or blocked persons described above that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC. In addition, any entities that are owned, directly or indirectly, individually or in the aggregate, 50 per cent or more by one or more blocked persons are also blocked. Unless authorised by OFAC, or exempt, OFAC’s regulations generally prohibit all transactions by U.S. persons or within (or transiting) the United States that involve any property or interests in property of blocked persons,” the Treasury Office said.