EFCC Boss Urges Global Action Against Financial Crimes

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Chairman of the Economic and Financial Crimes Commission Abdulrasheed Bawa, has called for collective and collaborative approach by authorities around the

world in dealing with the challenge of financial crime which, he noted, is a global scourge as no nation is spared its virulence.

According to him, economic crimes which are largely illegal acts committed for private gains, “affect the vital structures of global economies, causing significant damage to the Global Financial System and depriving developing nations of.”EFCC spokesperson, Wilson Uwujaren, said the EFCC boss also said developed countries are not immune from the scourge, which has “magnified with the proliferation of cyber-crimes which threaten the stability of global financial institutions.

 

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