National: Nigeria back as an active member of Egmont Group

National: Nigeria back as an active member of Egmont Group

- in World News
86

image

Following the lifting of Nigeria’s suspension from the Egmont Group of Financial Intelligence Units last Wednesday, the country is now back as an active member and has been reconnected to the Egmont Secure Website (ESW).

CLICK HERE TO DOWNLOAD LOVABLEVIBES ANDRIOD APP (APK FILE VERSION 1.8)

OR

This was disclosed by the Director, Nigeria Financial Intelligence Unit (NFIU), Mr Francis Usani on Tuesday in Abuja at a pre-assessment training for Nigeria organised by the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA).

“I will like to use this opportunity to announce to you today that the selfless efforts you have all made towards the lifting of the Egmont suspension impose on the NFIU have yielded positive result. Nigeria is back as an active member of the Egmont Group of FIUs and we have been reconnected to the ESW,” he said.

Mr Usani noted that in the backdrop of the development, Nigeria would file an appeal to the Financial Action Task Force (FATF) to recommence the process of the country’s membership, which was kept on hold as a result of the suspension by the Egmont Group FIUs.

On how Nigeria was able to meet the demands of the Egmont, which led to the lifting of the suspension, Usani said signing the NFIU law by the Federal Government was not conclusive as the Egmont Group needed to review the law on its own.

“There was an onsite visit to NFIU to see our structure and see whether we are in existence. The report of the onsite visit were discussed and I made clarification where needed.

“They eventually considered that Nigeria had address their concerns which were originally the legal framework for the autonomy of the NFIU and the issue of confidentiality which the law has addressed.”

The NFIU boss maintained that the roles of the agency have been clearly defined and the misconception about its activities in relation to other anti-graft agencies is no longer an issue.

“As long as the NFIU remains the coordinating unit of anti-money laundering and terrorism financing, it will definitely engage all law enforcement agencies.”

Earlier, the Director General of GIABA, Inter-Governmental Action Group against Money Laundering in West Africa, Mr. Kimelabalou ABA, represented, commended the Nigeria government for enacting the NFIU act, 2018 and other institutions frameworks put in place to ensure the effective implementation of the FATF standards.

This Article Was Posted By DJXBAZZ

You’ve Got Something To Tell Us Or Bring Our Attention To Something On the SITE Or You Need Massive Promotion For Your SONG/VIDEO/MIXTAPE/EVENT/ALBUM Or EP?

Want To Advertise With Us?

You Have Information To Share Like Article’s, Music, Funny Pictures And More?

Then Contact us on:-

Send us a Mail to ⇨ djxbazzbunmi@gmail.com
Call or Text us on ⇨ +2348065200003
Chat with us on WhatsApp ⇨ Click Here
You Can Also Follow us on:-

Instagram: @iam_djxbazz

Twitter: @iam_djxbazz

Facebook: DJXBAZZ HORLUWAH BUNMI

DISCLAIMER : Lovablevibes.com do not claim ownership of any of the Songs OR News that we upload or post, and any copyright infringement complaints will be executed immediately! It is our policy to honor all take-down requests! If You Feel Your Rights Are Being Infringed Upon,Email Us Lovablevibes@post.com

Leave a Reply

Your email address will not be published. Required fields are marked *