EFCC Unit Seals Two Top Companies For Non-Compliance With Money Laundering Act

SCUML is a Nigerian federal government unit under the Economic and Financial Crimes Commission (EFCC) responsible for monitoring and regulating Designated Non-Financial Institutions (DNFIs) and Dealers in Foreign Exchange (DFX) to prevent money laundering and terrorist financing.

The Special Control Unit Against Money Laundering, SCUML, has sealed the premises of two Designated Non-Financial Businesses and Professions (DNFIBPs), identified as Iman Multi Structures Ltd and Daraja Motors

SCUML registration is mandatory for these businesses, including sectors like real estate, law, accounting, luxury goods, and casinos, to ensure they are not used as conduits for illicit funds.

In a statement by EFCC’s Spokesman, Dele Oyewale, issued on late Monday evening, the agency said the operation took place on Monday, September, 29, 2025 for non -compliance with the provisions of the Money Laundering (Prevention and Prohibition) Act 2022 and EFCC AML/CFT/CPF regulations 2024.

According to the statement, both DNFBPs were initially sanctioned and fined on June 18, 2025 and August 13, 2025 respectively for non-compliance with regulations but failed to make payment to the government.

“Investigations by Scuml Zonal Co-ordinator, Assistant Commander of the EFCC, ACE Ahmadu Bello showed that the ultimatum to pay the fine offered the two organisations expired over a month ago.

“The premises will remain sealed until compliance with extant regulations is made,” the statement partly read.

SCUML Seals Two Companies in Sokoto

The Special Control Unit Against Money Laundering, SCUML, on Monday, September, 29 2025 sealed the premises of two Designated Non-Financial Businesses and Professions, DNFIBPs, Iman Multi Structures Ltd and Daraja Motors for non -compliance… pic.twitter.com/oe8h2HFGeb

EFCC Nigeria (@officialEFCC) September 29, 2025