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Kukuruku Radio > Blog > News > House of Representatives Pledges To Eradicate Terrorism Financing And Money laundering
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House of Representatives Pledges To Eradicate Terrorism Financing And Money laundering

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Last updated: 2023/11/08 at 1:22 PM
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The Committee, headed by Ginger Obinna, emphasized that the 10th Assembly is committed to Implementing Strategies and Policies to protect the Nation’s financial system and uphold the Rule Of Law, signaling a departure from the status quo of Corruption.

Addressing the committee members, Obinna stated, “Your unwavering dedication to our shared cause, your relentless efforts in the pursuit of Justice, and your resilience in the face of Multifaceted challenges such as Financial crimes, illicit financial flows, money laundering, terrorism financing, advance fee fraud (419), and cybercrime, are some of the perils plaguing our Nation today.

We must all work together to combat this Monster called Corruption.”

“Your combined wisdom, collaboration, and diverse perspectives have been instrumental in shaping the necessary Strategies and Policies to safeguard our Financial system and maintain the Rule of Law,” he added.

The committee is set to cover several areas in its activities, including Oversight of the Economic and Financial Crimes Commission (EFCC), monitoring of agencies involved in the detection of Financial crimes, money laundering, and advance fee fraud, as well as oversight of all organizations, Agencies, and Institutions established by LAW on Financial crimes and their Annual budget estimates.

Obinna also expressed Confidence in the committee’s ability to address the Inherent challenges of Financial crimes in the Country, underlining the Importance of collective efforts in combating Corruption and effecting positive changes in the Nation’s economy in line with the Administration’s anti-corruption agenda.

He pledged to run an Open-door Policy, ensuring that everyone is carried along in the Committee’s activities.

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