The President Muhammadu Buhari led Federal Government has expressed its readiness to to combat money laundering and terrorists financing in the country, Igbere TV reports.

The Minister of Interior, Rauf Aregbesola disclosed this today in his office in Abuja when the Director/Chief Executive Officer of the National Financial Intelligence Unit (NFIU), Mr. Modibbo Hamman Tukur visited him.

According to a statement obtained by Igbere TV, the Minister said he would continue to provide the leadership required so that the Ministry, Immigration Service and Civil Defense perform optimally to meet their obligations as members of the Inter-Ministerial Committee on Anti-Money Laundering & Counter Terrorism Financing.

Read the full statement below;

MINISTRY OF INTERIOR, ABUJA

PRESS RELEASE

FG TO DEVELOP STRATEGY TO COMBAT MONEY LAUNDERING AND TERRORIST FINANCING

In a bid to end financial crimes and other threats to internal security in Nigeria, the Federal Government has expressed its commitment to meeting the global standards for combating money laundering and terrorists financing in the country.

The Minister of Interior, Ogbeni Rauf Aregbesola disclosed this today in his office in Abuja when the Director/Chief Executive Officer of the National Financial Intelligence Unit (NFIU) Mr. Modibbo Hamman Tukur visited him.

Rauf Aregbesola said he would continue to provide the leadership required so that the Ministry, Nigeria Immigration Service and Civil Defense perform optimally to meet their obligations as members of the Inter-Ministerial Committee on Anti-Money Laundering and Counter Terrorism Financing.

"I assure you of my commitment to ensure that appropriate strategies are put in place to meet the global standards for combating Money Laundering and Terrorists Financing”, Rauf Aregbesola said.

He added that if terrorism financing is arrested in Nigeria, the confidence of foreign investors would be boosted & also enhance socio-economic activities for the benefit of Nigerians. Stressing further that, terrorists financing was a major threat to internal security in Nigeria.

The Minister commended NFIU for its roles, with regards to coordinating national legal, regulatory and operational frameworks for combating money laundering, terrorist financing, threats to the integrity of the int’l financial system & maintenance of internal security in Nigeria.

The Director/CEO, NFIU, Mr. Moddibo Hamman Tukur said his team was in the Ministry in recognition of its importance as one of the three key Ministries that have strategic roles to play in combating the challenges of money laundering, terrorism financing and proliferation of arms.

Hamman who also said that his team came to brief the Minister on the forth coming mutual evaluation exercise by the Inter-Governmental Action Group Against Money Laundering in West Africa, identified other parties in this regard as the FMoF, Budget & National Planning & Justice.

He further intimated Ogbeni Rauf Aregbesola on the proposed assessment of the Ministry and 34 other Federal Government Agencies by the global community under the auspices of Financial Action Task Force, billed for October, 2019.

The global task force is saddled with the responsibility of reviewing various countries of the world to see their compliance with their national legislations in the area of criminalization of crimes, money laundering and related crimes to ensuring that a particular country's system is not threatening itself to undermine peace and development of the country and that of the global community.

SIGNED
Mohammed Manga
Director (Press & Public Relations)

For: Minister

http://igberetvnews.com/980219/fg-moves-to-combat-money-laundering-terrorists-financing/

Lalasticlala

Seun

I hope they start with the monitoring o the accounts of the likes of that Naija richest man and some Abdulmutallab kind of rich oligarchs in the North. I didn’t say a thing.. besides where’s his son that US caught. They’ve negotiated his release I guess.

Are they looking for themselves?

Good move

Ok

He added that if terrorism financing is arrested in Nigeria, the confidence of foreign investors would be boosted & also enhance socio-economic activities for the benefit of Nigerians. Stressing further that, terrorists financing was a major threat to internal security in Nigeria.

This is so true.
Nigeria must work again.

So sweet

Stupid Government they always to in their life..

Thought he was saying something new...same old rhetorics!

Idîots, who are they deceiving?

It's the government combating themselves.

Only those with strong links to government and those in power can move funds easily for these terrorist groups.

good move if it's true

What do i know..


Our leaders using our head to play ping pong

Are they not the one funding them

Ironically the Buhari govt payment of tens of millions of dollars to ISWAP in generous ransom payments made them the chief financers of Terrorism in the west African sub region .

Always in the future tenses...

The federal government, always doing the talking,
when shall we become?

is like nl mod are doing night vigil tonight or seun just increase their salary today because i can see they have started working 24/7 God bless oga seun maybe mydd will stop banning people unjustly with this kind gesture from oga seun now back to the topic APC govt too like to dey talk without action them don turn Nigeria to America with their mouth awon ijoba weyrey

Great!

Who launders money like the government? Just stuff briefcases and mark them diplomatic baggage and onto a waiting private jet.

Okay mortal combat nation

Ekpekus:
Always in the future tenses...

You noticed it? I hate it.

Same folks all out to frustrate our nation worst than the way it is.

Same wine, New bottle

Easier said o

Okay. We will wait and see.

Promise updated

The situation of our country has become something else, since we fell into the hands of the EFCC.

Ohhh. Nigeria in current administration is experiencing the worst National debt in her history.
$840 billion and counting