HOUSE OF REPRESENTATIVES TO STAMP OUT TERRORISM FINANCING, MONEY LAUNDERING 08-11-23
By Sadiq Aminu The House of Representatives Committee on Financial Crimes, has vowed to bring to justice enablers of financial crimes and criminalities in the country.
The Chairman of the committee, Mr Ginger Obinna, who made the pledge at the National Assembly, affirmed the lawmakers confidence and capabilities to tackle the innate challenges of financial crimes in the country.
He stated that the 10th assembly would ensure that corruption is not business as usual, saying it would roll out strategies and policies that are necessary to safeguard the nation’s financial system and uphold the rule of law.
Speaking to members of the committee, the lawmaker said: “Your dedication to our shared cause, your tireless efforts in the pursuit of justice, and your resilience in the face of complex challenges which includes financial crimes and criminalities, illicit financial flow, money laundry, terrorism financing, advance fee fraud (419) cybercrimes are some of the menace that are bedeviling our nation today. More so all hands must be put on deck to fight this monster call corruption.
“With Your collective wisdom, collaboration, and diverse perspectives have been invaluable in shaping the strategies and policies that are necessary to safeguard our financial system and uphold the rule of law.
Mr Obinna said the Committee in preparation for the commencement of activities will cover jurisdictions, which include oversight of the Economy and Financial Crimes Commission (EFCC), oversight of all organizations, agencies and institutions established by law on Financial Crimes and also annual budget estimate.