The NASCO group’s management has denied charges that the company and its founder, Late Ahmed Nasreddin, were involved in terrorism financing in Nigeria and around the world.
On Tuesday, NASCO published a statement titled ‘NASCO REJECTS IRRESPONSIBLE & FAKE JOURNALISM.’
The claim was labeled as libelous and malicious by the firm, which stated that they have never and would never fund any criminal act, group, or violence of any type.
After the sad incident of 2001, when thousands of people and entities were subjected to investigation, NASCO’s founder was exonerated by the United Nations Security Council and the US government, according to the release.
The company said that, after the “unfortunate events of 2001,” thousands of people and entities around the world were subjected to 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 interests of all 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,” adding that “a similar investigation was done 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 any other country.”
The company also said its asset or associate business interest was never seized or account frozen after the investigation noting that it has never had any dealing with other alleged terrorist it was roped with.
“NASCO can also categorically affirm that it has never been associated with nor had business dealings with any of the persons mentioned in the false report.”
The company claims to be one of Nigeria’s leading businesses, having a long history of contributing to the country’s economic growth and development while positively touching the lives of millions of people.
The claim was untrue, according to NASCO, who stated that it was clearly done in a coordinated manner with deliberate purpose to do commercial damage to the brand.
