The Special Control Unit Against Money Laundering (SCUML) has sealed the premises of two companies in Sokoto State for failing to comply with anti-money laundering regulations.
The affected firms — Iman Multi Structures Ltd and Daraja Motors — were shut down on Monday, September 29, 2025, following their refusal to settle fines imposed for earlier violations of the Money Laundering (Prevention and Prohibition) Act 2022 and the EFCC AML/CFT/CPF Regulations 2024.
According to SCUML’s Zonal Coordinator, Assistant Commander of the EFCC, Ahmadu Bello, the companies had been sanctioned and fined on June 18 and August 13, 2025, but failed to remit payments to the government despite the expiration of an ultimatum issued over a month ago.
“The premises will remain sealed until the organizations comply with extant regulations,” Bello stated.
SCUML, under the EFCC, regulates Designated Non-Financial Businesses and Professions (DNFBPs), including real estate firms, dealers in automobiles, and other sectors vulnerable to money laundering and terrorist financing.
