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Friday, June 26, 2009

Nasco Group Nigeria Ltd still Operating In Nigeria

In 2007 Letter from the UN Scruity Council, Nigeria reportes that they had siezed the assests and frozen the accounts of Nasco Group Nigeria Ltd. The Company is headed by Nattia Nassredin, the son of Idris Nasreddin.

Attia Nasrredinn, from the Nasco Group Nigeria Ltd Website



Supporting Documents:


Buried in a letter dated 7 February 2007 from the Chairman of the
Security Council Committee, established pursuant to resolution 1373, is a report on the Status of Nigeria, and their move to comply with UN Counter Terrorism iniitiatives.




In the Nigerian portion of the report is this quote:



...... The provisions of the EFCC Act relating to terrorism are being vigorously enforced.


So far,

  • two convictions at the Federal High Court, Kaduna dated October 10, 2004 and October 21,2005,have been recorded on acts of terrorism.

  • Besides, the EFCC has taken steps to ensure compliance with the United Nations Resolution 1267.

  • Following the information furnished by the UN and United States Embassy in Nigeria, alleging that Nasco Group Nigeria Ltd is owned by Ahmed Idris Nasreddin, a designate of both the US and UN as an individual belonging to or associated with Al Queda, the Taliban or Usama bin Ladin, the Federal High Court sitting in Abuja on Friday, March 3, 2006, granted an application stopping and freezing the financial and economic assets including business properties and things within Nigeria, belonging to or associated with Ahmed Idris Nassreddin, Nastrade Nigeria Ltd and 3 other companies in that Group.

  • The assets were accordingly forfeited to the Federal Government
    of Nigeria in the interim.





The Rest @ The United Nations Security Council








However, the Company is still open and operating....





Nasco Group Nigeria Ltd Company Profile


Updated: 12-MAR-09




Nasco Group (Nigeria) Ltd.



International Private companyPMB 2722, 1 Old Airport Rd., Jos, , Nigeria()234 73 463348, 234 73 461554 fax, http://www.nascogrp.com/





Primary SIC: Cereal Breakfast Foods, Primary NAICS: Breakfast Cereal ManufacturingDescription: Manufacturing: Conglomerate involved in the carpet, confectionery, biscuits, cereals, detergents, soaps and cosmetics industries


-Shimron Issachar

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