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Money laundering: Thousands of dollars flown out of Nigeria every hour — INTERPOL

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By Kayode Sanni-Arewa

The International Police Organisation (INTERPOL), on Monday, revealed that “hundreds of thousands of dollars” are being laundered out of Nigeria to other African countries and across the world every hour.

The organisation also said money laundering across Africa and the entire world has assumed a monstrous dimension, adding that it would require a concerted efforts of every security agencies in Nigeria and other countries to address.

arba Baba Umar, the INTERPOL Vice President for Africa, revealed this at EFCC Academy, Abuja when he declared a four-day workshop for Nigerian law enforcement agencies open.

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The INTERPOL official, however, said the organisation has launched what he described as “Silver Notices Against Money Laundering”, saying it is in a bid to frontally tackle the scourge of money laundering and illicit financial flows across the world, especially Africa.

“Evidence has shown that every hour, hundreds of thousands of dollars are flowing out of Nigeria to the region and across the world, laundered before it reaches the pockets of criminals to enjoy the profits of their crimes, while the hardworking and honest Nigerians pay the price of crime.

“With every successful laundering of criminal money, our country becomes more prone to crime. More drugs, more fraud, more corruption and more violence. Every time criminal money is successfully laundered, our financial institutions take an additional blow…” Umar said.

He stressed that hard times await money launderers as the Initiative “Silver Notices” would make illicit funds more difficult to launder in any part of the world.

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Speaking on the theme of the workshop: “Strengthening Capacity and Coordination against Financial Crimes” Umar noted that financial crimes had become transnational and law enforcement agencies needed regular training for their workforce to be ahead of fraudsters.

He said, “In essence, this Workshop will give us the opportunity to re-examine the challenges of fighting transnational crimes in the country, reassess our strategies, and reaffirm our determination and unity as a country to provide security to our citizens and by extension the global community.”

On his part, the Executive Chairman of the EFCC, Ola Olukoyede, harped on the need for enhanced collaboration in tackling financial crimes.

Olukoyede, who spoke through the Director, Fraud Risk Assessment and Control of the EFCC, Francis Usani, said the complex nature of corruption across the world could only be broken by the might of collaborative actions by every stakeholder.

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“The daunting nature of the fight against corruption in Nigeria and the world at large deserve serious collaboration among organizations saddled with the responsibility of fighting corruption”, he said.

In his remark, Ambassador Extraordinary and Plenipotentiary of Japan to Nigeria, Mr Kazuyoshi Matsunaga, described the workshop as an important joint initiative between Japan and Nigeria to combat financial crimes.

He explained that in the contemporary globalized world, financial crimes transcended borders and required international cooperation among law enforcement agencies to combat them.

Similarly, the Director-General of the Nigerian Financial Intelligence Unit, Hafsat Bakare, spoke about the imperative of strengthening capacity and coordination against financial crimes, pointing out that “financial intelligence and financial analysis techniques are key to tackling economic crimes.”

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The NFIU, she said, was sensitive to the interconnected nature of the criminal justice system, the threat of organized crime and cybercrimes being fought by law enforcement agencies.

(Daily Trust)

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FRSC expresses worry over fatal crashes

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*** Orders strict traffic law enforcement

By Francesca Hangeior.

 

The Corps Marshal of the Federal Road Safety Corps, Shehu Mohammed, on Thursday, lamented the spate of fatal road crashes in September.

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He specifically raised concerns about the accidents that occurred on September 8 in Niger, September 12 in Sabon Wuse, and September 15 in Kaduna State.

These three incidents, according to him, resulted in the tragic loss of at least 91 lives.
Speaking during a meeting with fleet operators and other stakeholders in Abuja, Mohammed expressed frustration that despite the government’s efforts to provide and maintain transport facilities according to global standards, many drivers continue to undermine these efforts with reckless behaviour on the roads.

He said, “While the Government continues to do its best to provide and maintain transport facilities in accordance with global best practices, some road users, especially drivers, have continued to make a mockery of this concerted effort by exhibiting a high level of recklessness on the roads.

” In the last month or thereabout, the Corps witnessed 3 landmark crashes that were caused by negligence, fatigue, speeding, night trips and dangerous driving. These three landmark crashes include that of Niger State which occurred on 8 September 2024 and killed 48 people, that of 12 September 2024 which killed 18 people in Sabon Wuse and that of 15 September 2024 which happened in Kaduna State leading to the death of 25 people.

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“These 3 crashes alone, which proved to have been obviously avoidable, claimed the lives of 91 people. This is alarming and it calls for concern.”

Mohammed ordered commanding officers to ensure round-the-clock enforcement of traffic laws.

He also disclosed that a special operation would be conducted to checkmate the incessant accidents recorded across the country.

Mohammed said, “I am compelled to state that the spate of the crashes recently recorded is, however, very disturbing and every step must be taken to avert continued future occurrences. It is against this backdrop that I have directed Commanding Officers to ensure round-the-clock enforcement of traffic offences to mitigate these excesses. A special patrol operation will be instituted and enforcement will be carried out nationwide.”

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Speaking, the President of the Independent Petroleum Marketers of Nigeria, Abubakar Shettima, dismissed the allegations linking the group to some of the accidents in the country.

He said, “We transport highly inflammable products through our trucks, and all the allegations being made are unfounded. We collaborate with NARTO and PTD.

” NARTO represents the truck owners, while the tanker drivers are our drivers. We always come together to make important decisions regarding safety, as it is our top priority, and we take it very seriously.

” Mohammed has been doing his best to reduce road accidents involving trucks. We’ve taken precautions, such as prohibiting our members from driving at night and advising them to rest if they feel sleepy. NARTO has also begun building rest parks for drivers to use when they need to take a break.”

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Tinubu to skip 79th UNGA to focus on pressing challenges at home

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By Francesca Hangeior

President Bola Tinubu has decided to skip the 79th United Nations General Assembly (UNGA) in New York, opting instead to focus on Nigeria’s pressing domestic challenges, particularly the recent devastating flooding that has affected the country.

A statement issued on Thursday by Special Adviser to the President on Information and Strategy, Bayo Onanuga, which disclosed President Tinubu’s decision, also said Vice President Kashim Shettima will lead Nigeria’s delegation in his place.

The President’s move is seen as a prioritization of local concerns over international diplomacy, as President Tinubu aims to address the immediate needs of Nigerians affected by the floods.

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The UNGA, scheduled to take place from September 24 to 28, 2024, will feature discussions on sustainable development, peace, and human dignity.

VP Shettima will deliver Nigeria’s national statement to the General Assembly, attend key sideline events, and engage in bilateral meetings, ensuring the country’s interests are represented on the global stage.

“President Bola Tinubu will not attend the 79th United Nations General Assembly session in New York this year.

“The President has thus directed Vice President Kashim Shettima to lead Nigeria’s delegation.

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“President Tinubu, who returned to the country last Sunday after his trip to China and the United Kingdom, wants to focus on domestic issues and address some of the country’s challenges, especially after the recent devastating flooding.

“At UNGA 79, Vice President Shettima will deliver Nigeria’s national statement to the General Assembly, attend important sideline events, and hold bilateral meetings.

“The high-level General Debate, with the theme ‘Leaving no one behind: Acting together for the advancement of peace, sustainable development and human dignity for present and future generations’, will run from Tuesday, September 24, through Saturday, September 28, 2024”, the statement said.

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Tinubu Loyalist, Yemi Adenuga under fire after asking Igbos to leave Lagos but contesting for Elelection In Ireland

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By Francesca Hangeior

President Tinubu staunch loyalist and Igbo-Must-Leave-Lagos-Election-For-Yoruba campaigner, Yemi Adenuga is under fire in Ireland, where she is vying for nomination for position in the general election.

The Irish nationals who watched her video calling for the Igbo to leave elections in Lagos for the Yoruba, have called on Nigerians to enquire if it is morally right for her to leave Irish election for the Irish?

Yemi Adenugais facing avalanche of serious criticism over nominations to contest in Irish general election.

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Irish and Nigerian critics have questioned her conscience and moral right to take part in Ireland election when she was involved in hate election campaign that asked the Igbo to leave Lagos for Yoruba during the last election in February 2023.

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