No Going Back In Fight Against Money Laundering – EFCC 

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*Acting Chairman says commission will ensure anyone who steals from  public treasury, those assisting, face justice

By; BAYO AKAMO, Ibadan

Acting Executive Chairman, Economic and Financial Crimes Commission, (EFCC), Mr Abdulkarim Chukkol yesterday, said there is no going back in its

fight against money laundering .

Mr Chukkol said this while speaking at a Workshop on Effective Reporting organized by  the Economic and Financial Crimes, Ibadan Zonal Command .

Speaking through the Assistant Commander of EFCC, Halma Mustafa Rafa’u , Mr Chukkol said the Commission is determined to focus on those stealing public treasury and their accomplishes.

is to beam its light on Politically Exposed Persons 

” The EFCC is determined to ensure that anyone who steals from the public treasury and all those who assist them to do so under whatever guide, are brought to justice and ignorance of the law will not be an excuse”, he said.

Mr Chukkol added, ” A key component of this framework is the reinvigorated Special Control Unit against Money laundering (SCUML), which is driving the fight against money laundering and illicit financial flows among Designated Non -Financial Businesses and Professions, (DNFBPs)”.

” There is now a more robust regulation of the activities of these entities which are vulnerable to money laundering. To align itself with the progressive aspirants of Nigerians, to see that corruption is reduced to the barest minimum, if not completely eliminated”.

According to the EFCC Acting Executive Chairman,the impact of the Commission on the economic life of the nation is widely acknowledged, adding, ” through the Commission’s enforcement activities, recoveries running into several billions of naira have been recorded and the country’s anti money laundering framework strengthened”.

” You are the vehicle through which the EFCC reaches the Nigerian public with information about our operations. You also play crucial roles in helping to mobilize the people to embrace the fight against corruption. This makes the media one of the most critical allies of the EFCC. I acknowledge the fact that what the EFCC is today is largely due to the support and the critical views of the media. Our partnership has been and is still evolving. We greatly value your critical reviews as it ensured remain faithful to the Nigerian people in the discharge of our mandate and we owe the media a debt of gratitude for the successes we have recorded in the last twenty years”.

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