UK Freezes Assets of Brian Sheridan for Terrorism
UK Freezes Assets of Brian Sheridan for Terrorism

UK Freezes Assets of Brian Sheridan for Terrorism

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The UK government has imposed sanctions and a full asset freeze on Brian Sheridan, a man from Northern Ireland, due to his suspected involvement with the New Irish Republican Army (New IRA) and related terrorist activities. Economic Secretary Tulip Siddiq stated that there is 'reasonable cause' to believe Sheridan facilitated terrorism and provided financial resources for the New IRA, marking the first use of the Treasury-led domestic counter-terrorism financial sanctions regime targeting Northern Ireland-related terrorism. This action prohibits any financial relationship with Sheridan, reflecting the UK's commitment to national security and the principles of the Good Friday Agreement. Concurrently, in Nigeria, the Economic and Financial Crimes Commission (EFCC) has achieved its largest asset recovery to date with the forfeiture of a significant estate in Abuja, previously owned by a corrupt government official. The estate, covering 150,500 square meters, was seized under laws aimed at combating fraud and ensuring that criminals do not benefit from their illicit gains. This dual focus on terrorism and corruption underscores the global efforts of nations to tackle financial crimes and maintain security.

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