Experts harp on need to curb money laundering - Basic Storylines

How to Seduce Straight Guys Experts harp on need to curb money laundering

money laundering

By Ebunoluwa Sessou

GIABA, an institution of the Economic Community of West African States, ECOWAS, has again harped on the need to curb money laundering saying, failure to address the menace will further disrupt the serenity of the society.

Speaking during the workshop organised by GIABA/ AML/CFT CSOs, Information Manager, GIABA, Timothy Melaye disclosed that issues relating to money laundering should not be swept under the carpet.

While addressing stakeholders in Lagos, on Anti-Money Laundering, AML, and Counter-Financing of Terrorism, CFT, in West Africa, he also charged media professionals on ethics and professionalism. Saying Journalists are essential in fighting money laundering in the world.

Also read: GIABA ECOWAS, AML/CFT/CSO task journalists, parents on money laundering

Also, the Facilitator: Mr Ayodeji.Adeosho who is also the Project Manager and Director, IT, AML/CFT CSO Forum ECOWAS Region and Nigeria, in his presentation highlighted that, focused should be shifted to social and economic factors responsible for the prevalence of money laundering and its predicate offences.

According to him, identifying predicate offences as crimes which bring about money laundering as well as the responsibilities and actions of CSOs in the fight against money laundering and financial terrorism, and the benefits of a country having good anti money laundering and Counter-Financing of Terrorism are also germane.

He added that, the position of GIABA as a regional financial task force responsible for managing ECOWAS member states financial integrity in the fight against money laundering should be appraised.

“There’s a call for action as a responsibility of all organizations and citizens to support the fight against money laundering and financial terrorism in their countries and in the world”, he said.

Vanguard News Nigeria

The post Experts harp on need to curb money laundering appeared first on Vanguard News.

Comments

Post a Comment

Popular posts from this blog

GRAPHICS: Combined police operatives kill Gulak’s killer, Imo CP says - Basic Storylines

Image
How to Seduce Straight Guys Imo State Commissioner of Police, Abutu Yaro, has revealed that combined operatives of the command’s Tactical Units, Intelligence Response Team, and Police Mobile Force have sucessfully killed killers of a former Presidential aide, Ahmed Gulak. It was widely reported that Gulak was on Sunday morning killed in Imo State while on his way to Sam Mbakwe International Cargo Airport, Owerri. Police Spokesperson in Imo, Bala Elkana, in a statement on behalf of the CP, explained that “riffles, pistol, and ammunition were recovered from the slain suspects. Elkana also revealed that the vehicles the slain hoodlums used in killing the former Presidential aide were recovered by the command. “On 30th May, 2021 following distress received by the Command on the gruesome murder of Ahmed Gulak, Police Special Forces made up of Intelligence Response Team, Police Mobile Force (PMF) and Tactical Units from the command were deployed to the scene at Obiangwu Junction
Read more

What Sam Momah said about Nigeria before he died Wednesday - Basic Storylines

Image
How to Seduce Straight Guys Major General Sam Momah By Dirisu Yakubu At the presentation of what turned out to be his last book on July 6, 2020, former Minister of Science and Technology, Major General Sam Momah (retd) left some food for thought in the consciousness of journalists, guests and dignitaries at the event. The book (his twelfth) “Why We Must Restructure Now,” is arguably the most authoritative piece of literature on the subject matter till date. Away from the mere verbal tribute to restructuring, General Momah in the book he sub-titled “Nigerian Green Book,” dealt extensively with the mileage of the subject and allayed fears of those who see it as synonymous with resource control. Momah died in Abuja on Wednesday afternoon after long battle with diabetes. Here are some of the things he said at historic event.   “ Restructuring is not resource control. It is instead a globally agreed win-win strategy of replacing fossil energy with renewable energy in order to check
Read more

68-year-old woman dies of COVID-19 in Akwa Ibom - Basic Storylines

Image
How to Seduce Straight Guys As three new cases test positive for COVID-19 By Chioma Onuegbu – Uyo A sixty-eight-year-old woman from Akwa Ibom State has died of Coronavirus otherwise known as COVID-19 ravaging the world. The state Governor, Mr.Udom Emmanuel announced the death on Thursday while giving an update on Covid-19 in the state at Government House, Uyo. According to Emmanuel, the new death brings to two, the number of COVID-19 death recorded so far in Akwa Ibom state. READ ALSO:  COVID-19: Niger Delta people marginalized in distribution of FG’s palliative — Group alleges Emmanuel who noted that the state now has six active cases explained that the three new positive cases were discovered in the course of the ongoing contact tracing exercise in the state. “On the last laboratory test we conducted on 44 suspected cases, three persons were confirmed positive, while we lost one. “The patient we lost was a 68-year-old woman who was transferred to the centre, totally unconsc
Read more