Abubakar Shekau of Boko Haram.
Leader of the Boko Haram sect, Abubakar Shekau, that the Nigerian military said it had killed. (Courtesy of NBCnews.com)

Australian hostage negotiator, Davis Stephen, has revealed that senior official of the Central Bank of Nigeria (CBN), who was not in the country at that time, handled the financial transactions of the Boko Haram terrorist group.


  • Davis Stephen was negotiating for the release of the over 200 abducted Chibok school girls
  • He said a sponsor of the Boko Haram lives in Cairo
  • The funds go through the CBN financial system
  • A senior CBN offical was in charge of the transactions

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The Perth-based international negotiator had, for four months, been involved in negotiations on behalf of the Federal Government with commanders of the Boko Haram for the release of the over 200 schoolgirls kidnapped by the sect on April 14.

Mr Stephen said: “One of the biggest of suppliers of arms and military uniforms to the JAS (Jama’atu Ahlis Sunna Lidda’awati wal-Jihad, better known as Boko Haram) currently lives in Cairo, Egypt. He is the recipient of money sent by political sponsors from Nigeria.

“The funds go through the CBN’s financial system and appear to be a legal transaction. Meanwhile, the CBN official who handles the funding is an uncle to three of those arrested in connection with the Nyanya bombings. The three boys lived with him.

“They were arrested by the SSS (Department of State Security) after the bombings but they do not seem to have been interrogated about their uncle in CBN. Or if they have given up information about their uncle, then the SSS has not moved against him”.

The self-volunteered negotiation further said that “a senior official of CBN, who recently left the bank, was very close to Sodiq Aminu Ogwuche, the mastermind of the Nyanya bombings who also schooled in Sudan.

“Boko Haram Commanders said Ogwuche’s wife used to visit this top official in his office at the headquarters of the bank in Abuja before the Nyanya bombings. They were very close,” Davis said.

He said he spoke out because he felt the Federal Government was putting little efforts in trying to rescue the missing Chibok girls.

“I have three daughters. I just cannot stand the thought of what those girls are passing through.

“I have spoken to an escapee who described how she was being raped for 40 days by militants. I can’t stand it. It is heart-breaking. Nigerian authorities must act decisively now,” Stephen urged the government.


NP/Daily Post


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