₦airaland Forum

The EFCC, on Monday November 15, 2021 flagged-off a nationwide risk assessment of Non-profit Organizations. The programme which is a collaborative initiative of the EFCC through the Special Control Unit against Money Laundering, SCUML, and relevant stakeholders in the public and private sectors, according to the EFCC Chairman, Abdulrasheed Bawa, is meant to determine the vulnerabilities of the organizations to money laundering and terrorism financing.

While noting the increase in Non-profit Organization activities in Nigeria especially in the North East, where the country is challenged by a humanitarian crisis created by Boko Haram, he observed that the absence of a unified comprehensive regulatory and supervisory framework for the sector remains a source of worry for the authorities. This gap, and Nigeria’s performance in the last Mutual Evaluation Exercise where the country received a non-compliant rating in FATF’s Recommendation 8, (that requires a review of the adequacy of laws and regulations that relate to Non- profit Organizations), provides the impetus for the NRA.

For details of this and other stories, visit our website: www.efccnigeria.org.

It is quite disheartening how Buhari has bastardized every single fabric of our national existence that he inherited from the PDP. EFCC, DSS Army, Police and other agencies that was working well under the previous administrations is now a tool to harass and hound dissenting voices. Buhari has destroyed Nigeria beyond redemption

I can't agree less to the motive behind the assessment. Great move by the EFCC. I only hope they follow through the objective of the assessment and not their personal objectives.

Nice one from our lovely young energetic EFCC boss. Buhari thank you so much for bringing back our respect from the international communities

Eweeeyyyy...


Non Profit organizations don't look threatening... EFCC should get their priorities right, they appear confused

So it's now they Wake to their own nemesis??
Most of the non profit organizations in this country is used to launder or clean money and most of them are established by politician's wives or notable celebrities. Now iswap wants to use mosques to fund their activities, you people are complaining.

I will blame the fvcking imposter occupying aso Rock

Only south will suffer this

Anything to curb corruption is a welcome development only if you people aren't corrupt too. Before I forget; make una help me beg banks & FG to stop taking taking #50 per every money I receive! I can't be charged when someone sends me money and also he charged when I send the money out.

I know some of you won't understand this and think I'm broke for complaining about #50 but look at this example;
I had about 15 credits and 10 debits transactions yesterday, #50+4 sms charge was deducted for each of the credit transaction as stamp duty and #30 for the debits., totalling #1,110 for one(1) day alone and by one customer!!! This is stealing in pretense

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Humm! NGO get money o

B

My fellow Nigerians ooo, let's learn how to support good initiatives when we see one. Most entities hide under the guise of NGOs and perpetrate some mind boggling crimes and financial frauds. In some areas where there are conficts, some act as conduits for fuelling such crises and even supplying arms

Types like LaBuenaVida and co will use NGO level to be cashing out heavy avoiding task

Nigeria already has policy of monetary oversight of NGO against money laundering and other vices. But it's never implemented.
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So this one is another show off, eye service, and duplication of duty.
EFCC boss should go and sleep....

Is this an official account by the government?

It’s over due most of the so called NGO in Nigeria is either open for money launders sake or for visa insurance purposes many NGO are visa agents who use that as cover up to get cheap visa and sell to citizens because international community respect NGOs some even help politicians steal money and ferry it abroad

Mosque and churches and shrines and clubs and fraternity and cults and politicians Nigeria is scam

EFCC has lost its relevance under this gov.

Vchai

This is an agenda to harass people at will.

Though if they will follow right protocols, no problem. But never, especially in this period that the government doesn't respect the rule of law.

Sunisonflex39:
Seun abeg if nairalanders send me 1k each..e don reach for me to see 150k buy camera start my freelance photographing ...make una help me.. abeg...

Someone should ask for my digit..if u have camera to give out .God will bless u

You can start by offering photography related services on places like Fiverr, Upwork and other related sites.

Like your signature says.. "there are treasures everywhere"

Think creativity and you will come up with a way to achieve your goals.

Cheers!

If you wait for people to contribute money for you, you go just old oo.

What of Non-profit Politheifians

Ok continue

Nice

They should also beam their searchlight on activities of so called foundations owned by politicians(most especially office holders).
They could be used for money laundering activities

Okay then..

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This shouldn't be the next thing EFCC should be doing for Christ sake.