• Thursday, July 18, 2024
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Police partner NFIU to curb money laundering, terrorism financing

Police partner NFIU to curb money laundering, terrorism financing

The Inspector-General of Police (I-G), Olukayode Egbetokun, on Thursday said the Police had partnered with the Nigerian Financial Intelligence Unit (NFIU) to curb money laundering and terrorism financing in the country.

Egbetokun said this in Abuja at a meeting with Strategic Police Managers, consisting of officers from the rank of Commissioners of Police and above.

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He said the Nigeria police force had a crucial role to play in combating money laundering and terrorism financing in the country.

“To strengthen our capabilities and demonstrate our commitment to combating financial crimes, we have established dedicated Anti-Money Laundering (AML) section at the Force Criminal Investigation Department,” he said.

He said that establishment of the section would be replicated at all Zonal and State Commands nationwide.

Egbetokun said the unit would enhance the capacity of the force to tackle the menace as well as investigate and prosecute financial crimes and terrorism financing.