The Economic and Financial Crimes Commission (EFCC) on Wednesday insisted that the Nigeria Financial Intelligence Unit (NFIU) was independent of its control.
The Acting Chairman of the commission, Mr Ibrahim Magu, said at an interactive session with editors on Wednesday in Abuja, that ongoing efforts to create a “stand-alone’’ NFIU was needless.
It would be recalled that the NFIU, which is domiciled in the EFCC, was recently suspended by the Egmont Group of Financial Intelligence Units reportedly for not being independent.
Egmont Group is a global financial intelligence gathering body made up of 156 Financial Intelligence Units (FIUs) representing 156 countries.
It is a platform for members to share expertise and financial intelligence to combat money laundering and terrorist financing.
The group reportedly demanded autonomy for the…
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