The International Criminal Police Organisation (Interpol) has arrested 11 suspected high-ranking members of terrorist groups in Nigeria as part of a continent-wide crackdown on terrorism financing and related crimes.
The arrests were made as part of Operation Catalyst, a two-month joint operation conducted by Interpol and the African Union Mechanism for Police Cooperation (AFRIPOL) across six countries: Angola, Cameroon, Kenya, Namibia, Nigeria, and South Sudan.
In a statement, Interpol said the operation targeted terrorism financing and the illegal activities supporting it, examining more than 15,000 individuals and entities of interest. The operation uncovered $260 million in both fiat and virtual currencies potentially linked to terrorism-related activities, with over $600,000 seized.
“Of the 83 arrests, 21 were for terrorism-related crimes, 28 were for financial fraud and money laundering, 16 were linked to cyber-enabled scams, and a further 18 were related to the illicit use of virtual assets,” the statement said.
In Angola, 25 people of multiple nationalities were detained in connection with informal value transfer systems tied to terrorist financing and money laundering. Authorities seized around $588,000, along with 100 mobile phones, 40 computers, and froze 60 bank accounts.
In Kenya, investigators uncovered a suspected money-laundering network using a virtual asset service provider with potential links to terrorism financing. The operation, valued at about $430,000, led to the arrest of two individuals. In another case, two suspects were detained for allegedly recruiting young people from East and North Africa into terrorist groups through online platforms. Funds for the recruitment were traced through cryptocurrency channels back to individuals in Tanzania.
Interpol said Nigeria’s contribution to the operation resulted in the arrest of 11 suspected terrorists, “including high-level members of several terrorist groups.”
The international police agency also uncovered a major cryptocurrency-based Ponzi scheme operating across 17 countries, including Nigeria, Cameroon, and Kenya. The fraudulent platform posed as a legitimate trading service and defrauded more than 100,000 victims worldwide, resulting in losses estimated at $562 million.
According to Interpol, several large cryptocurrency wallets linked to the scheme are now being investigated for possible connections to terrorism financing. The global investigation remains ongoing.
