Economic and Financial Crimes Commission (EFCC) has sensitized civil society organisations (CSOs) on Anti-Money Laundering Regulation frameworks and compliance in Adamawa State.
The training at the instance of the European Union Agents for Citizen-Driven Transformation (EU-ACT) at the American University of Nigeria (AUN), centred on the issue of poor compliance of CSOs to existing civil society regulations in Borno, Lagos, Enugu and other states.
The anti-grant agency representative from the Department of Control Unit Against Money Laundering, SCUML, Mr Ali Abdullahi, reiterated the commitment of the agency to monitoring and inspecting designated financial institutions in the state.
Programme officer, (EU-ACT) Mr Chambers Umezulike, during his remark, said the training was reinforced by the outcome of the survey conducted where out of the 119 CSO responses, less than a third of the CSOs were compliant with the CAMA law, less than 10% of the CSOs were fully tax compliant and only…
Source: Leadership Newspaper