The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has charged journalists to deepen their reportage of money laundering issues in order to complement the efforts of the Commission in tackling the malaise.
Bawa, who spoke through Commander of the Benin Zonal Command of the EFCC, Kanu Idagu, at a workshop on ‘Effective Reporting of Economic and Financial Crimes for Journalists’ covering the activities of the Commission in Edo, Delta and Ondo States, said Nigerians need to be more informed about the new anti-money laundering framework.
According to him, the new anti-money laundering framework arises from the enactment of three new legislations: the Money Laundering (Prevention and Prohibition) Act, 2022, Proceeds of Crime (Recovery and Management) Act, 2022 and the Terrorism (Prevention and Prohibition) Act, 2022.
He described the new laws as a “fresh legal armaments against illicit financial flows and money laundering”.
