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Nigeria Calls for Institutional Framework to Enforce Financial Crimes Regulations

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Nigeria's Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, appealed to GIABA to develop an institutional framework for the enforcement of financial crimes regulations in West Africa. Member countries were urged to prioritize their national systems on Anti-Money Laundering and Combating Financing of Terrorism.

Nigeria, Attorney-General, Minister Of Justice, Lateef Fagbemi, GIABA, Financial Crimes, Regulations, Enforcement, West Africa, Anti-Money Laundering, Combating Financing Of Terrorism

Nigeria's Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, made the appeal at the inauguration of the 27th Meeting of the Ministerial Committee of GIABA, in Abuja. Nigeria on Monday called on the Action Group Against Money Laundering in West Africa (GIABA) to develop an institutional framework for the enforcement of financial crimes regulations in the sub-region.

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, made the appeal at the inauguration of the 27th Meeting of the Ministerial Committee of GIABA, in Abuja. Mr Fagbemi, who is also the Chairperson of the GIABA Ministerial Committee, said member countries should prioritise their national systems on Anti-Money Laundering and Combating Financing of Terrorism. According to him, doing so would enable the countries to push their national institutions to perform to the highest of their capabilities and achieve progress in financial crime contro

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