EFCC, GIABA, EU Train Officers on Anti-money Laundering, Cou…


EFCC, GIABA, EU Train Officers on Anti-money Laundering, Counter-terrorism

The Economic and Financial Crimes Commission EFCC, on Monday, May 20, 2019 kicked off a four-day inter-agency basic training on anti-money laundering and counter-terrorism financing (AML/CFT). It is for select officers of law enforcement agencies that include those of the Commission, (EFCC), Nigerian Customs Service, (NCS), Department of State Security, (DSS), National Agency for the Prohibition of Trafficking in persons, (NAPTIP), Nigerian Police Force, (NPF) and the Nigerian Financial Intelligence Unit, (NFIU).

The training, which is taking place in the EFCC Academy, Karu, Abuja arises from a partnership between the Commission and Inter-governmental Action Group against Money Laundering in West Africa (GIABA) and European Union, (EU) sponsorship.

In his welcome address, the Acting Chairman of the EFCC, Ibrahim Magu, who was represented by the Commandant, EFCC Academy, Dr. David Wodi Tukura, noted that the Economic Community of West African States, ECOWAS, established GIABA for facilitating the adoption and implementation of anti-money laundering (AML) and countering-financing of terrorism (CFT) in West Africa and works with the member states to ensure compliance.

Magu further observed that, the programme for the Strengthening the Anti-money Laundering capacities of West Africa (SAMWA) was aimed at harnessing the synergies of law enforcement and anti-corruption agencies in Nigeria including the judiciary for better cooperation in the area of money laundering and terrorist-financing, investigation, analysis and prosecution.

He assured the participants of the acquisition of knowledge and skills that will enhance their capacity to deal with the twin problems of money laundering and terrorism-financing.

"The group of experienced trainers shall bring their wealth of experience to bear on the participants," Magu said.

The training will capture modules on financial issues of lucrative crimes, international legal concepts and bases of anti-money laundering/counter-terrorism financing among others themes.