.jpeg "The EFCC laments the rise of cybercrime and phony currency in Benue.")
The disclosure was made by Mr. Abdulkarim Chukkol, the Acting Chairman, during a statement delivered in Makurdi on Thursday. He further stated that the commission has implemented measures to effectively tackle the aforementioned scenario.
The chairman of the Economic and Financial Crimes Commission (EFCC) delivered a speech at a workshop titled "Effective Reporting of Economic and Financial Crimes." The event was specifically designed for 30 journalists representing prominent media organizations throughout the country.
The representation of Chukkol was undertaken by Mr. Friday Ebelo, the Head of the Makurdi Zonal Office of the Economic and Financial Crimes Commission (EFCC).
According to his statement, the panel's main objective is to minimize corruption inside the country to the utmost extent. Furthermore, he emphasized that the commission will persistently and proficiently fulfill its responsibilities.
The enforcement activities conducted by the commission have resulted in the recovery of significant amounts of naira, reaching into the billions. Additionally, these efforts have contributed to the enhancement of the country's anti-money laundering system.
The speaker emphasized that there has been an enhancement in the regulation of these businesses that are susceptible to money laundering.
The chairman of the Economic and Financial Crimes Commission (EFCC) issued a cautionary statement advising individuals to refrain from divulging their banking information to any party, in order to prevent its potential exploitation for illicit financial transactions.
I would appreciate it if the media could disseminate information to family members, friends, politicians, and other individuals of the potential legal consequences of permitting their companies or bank accounts to be utilized for the purpose of laundering illicit proceeds.
According to the provisions outlined in the Money Laundering Act of 2022, individuals who fall under the category of Politically Exposed Persons now include family members and close associates of politicians and public office holders, including high-ranking government workers.
According to the speaker, the EFCC is committed to ensuring the prosecution of individuals who engage in embezzlement of public funds, as well as those who help and abet such acts, regardless of their pretenses. It is emphasized that lack of awareness of legal provisions would not serve as a valid defense.