The chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has stressed the need for designated non-financial businesses and professionals (DNFBPs) to be more vigilant so as to protect their sectors from being used to launder illicit funds or become conduits for terrorism financing.
The EFCC boss spoke at a one-day outreach for high risk designated non-financial businesses and professionals organised by the EFCC at Ibadan with the theme, “Effective Implementation of AML/CFT/CPF Measures Among DNFBP in Nigeria.”
He called for stronger collaboration from designated non-financial businesses and professionals, with the EFCC against money laundering and in tackling the vulnerability of major economic sectors of the country to the crime.
Represented by the acting director, Ibadan Zonal Directorate of the EFCC, ACE I Hauwa Garba Ringim, Olukoyede appreciated the collaborative efforts of DNFBPs and other stakeholders towards effective implementation of the Anti-Money Laundering/ Combating Financing of Terrorism/Countering Proliferation financing, AML/CFT/CPF measures and enforcement of money laundering laws.
“Your presence here today signifies a more deliberate collaborative efforts and greater commitment towards effective implementation of the Anti-Money Laundering, Combating the Financing of Terrorism and Countering Proliferation Financing measures and enforcement of the Money Laundering Law,” he said.
He pointed out that DNFBPs such as lawyers, real estate agents, accountants, and dealers in solid minerals and precious metals play a vital role in the nation’s economy.
We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →
Join Our WhatsApp Channel
