NASCO Group Faults Reports Of Sponsoring Terrorism In Nigeria


    The management of NASCO Group Nigeria has reacted to an investigative report linking its founder to terrorism sponsorship.

    In a statement issued on Tuesday, the group said the United Nations Security Council already exonerated Ahmed Nasreddin, the company’s late founder, and his businesses from such allegations.

    The firm described the report by Nigerian journalist, David Hundeyin, as false, adding that the United States government and the National Intelligence Agency cleared Nasreddin of any wrongdoing concerning the allegation.

    “The Management of NASCO Group Nigeria notes the defamatory and slanderous contents of an online article currently being circulated on social media about our business.

    “We state categorically that we have never, and will never be sponsors of any criminal act, organisation, or violence of any kind that will disrupt the peace and tranquility of the Nigerian state or any country in the world.

    “After the unfortunate events of 2001, thousands of people and entities around the world were subjected to various 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 interest of all false 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 (References United Nations Security Council Resolution SC 9172 dated 15 November 2007 & United Nations Security Council Resolution S/2008/25 dated 17 January 2008).

    “A similar investigation was carried out 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 in any other country (Reference National Intelligence Agency of Nigeria, Report to the Presidency, dated 11 April 2008).

    “Contrary to the false allegations, at no time were the assets of NASCO Group Nigeria and/or any of its associated trade, commercial and business interests ever seized nor their accounts frozen due to any of those investigations.

    “NASCO can also categorically affirm that it has never been associated with nor had businesses dealings with any of the persons mentioned in the false report.“

    The investigative report revealed how the late NASCO Group’s multimillionaire founder, Ahmed Idris Nasreddin and Yakubu Musa Kafanchan, also known as Sheikh Yakubu Musa Katsina, an ally of Nigeria’s terror-linked Minister of Communications and Digital Economy, Isa Ali Pantami funded Islamic terror cells in 2002.

    According to the report published on West Africa Weekly, Hassan is a founding member of the Izala Movement (JIBWIS), and the current Chairman of its board of trustees and the Chairman of the Katsina State JIBWIS chapter.

    They were alleged to have funded the activities of people like Kabiru Sokoto, the mastermind of the Christmas Day bombing of the St Theresa Roman Catholic church on December 25, 2011 in Madalla, Niger State, which killed 37 Christians.



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