Nigeria’s Money Laundering Efforts Bring Well Deserved Praise
A well respected group known as the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) has just commended Nigeria’s recent efforts to fight money laundering. They also spoke of the significant progress made to improve the anti-money laundering and anti-terrorist financing framework.
Dr. Abdullahi Shehu, the group’s Director-General made the promising commendation during an interactive session with the Federal Ministry of Interior in Abuja. The Group’s efforts are focused around determining the deficiencies in the current system and recommending corrective solutions.
Some large progress in combating this activity has been seen in the past year and recognized when Nigeria was removed from the list of Non-Cooperative Territories in the effort to combat money laundering and terrorist financing.
Yet, Steve Renner with Cash Cards International still keeps the confiscated funds from previous Nigerian Cash Card account holders. Hmmmm?
Source: vanguardngr.com
Must be hard for a country to fight it when the people supposed to be stopping the scammers are often the scammers themselves.