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Police inaugurate committee to fight terrorist financial flow

The Nigeria Police Force has announced the inauguration of a committee to combat terrorists’ financial streams.

The Inspector General of Police, Usman Baba, during an event at the IGP Conference Hall, Force Headquarters, Abuja, on Friday, inaugurated a committee to review documents from the Nigeria Financial Intelligence Unit and provide necessary information for the effective functioning of the Financial Action Task Force in the country.

According to the Force, the committee comprises 21 notable, highly dedicated, and experienced officers of the NPF, drawn based on their professionalism and specialisation.

The committee, headed by Adegbite Olaolu, would also provide data on Anti-Money Laundering, Counter-Financing Terrorism, and Counter-Proliferation Finance, to determine the level of the nation’s implementation of the strategic modalities emplaced to tackle insecurity and financial crimes in tandem with international best practice, and its report to be submitted within one week.

According to PUNCH reports, other things, the committee will work on 22 terms of reference which includes the draft, domestication and implementation of the Standard Operation Procedure on parallel investigation and inter-agency exchange of information; provide evidence of inter-agency coordination of money laundering investigations, prosecutions and convictions as well as statistics and summary of cases consistent with Nigeria’s risk profile.

The IGP while reiterating the commitment of his administration to tackling the menace of money laundering, terrorism and proliferation of arms financing, enjoined members of the committee to work assiduously towards attaining its mandate.

He, similarly, re-assured Nigerians of better security in the country as all hands were on deck to re-strategise the fight against insecurity in Nigeria.

Abdullahi Sanni

Abdullahi Sanni is a senior news reporter at SHO PEN ONLINE. He is a passionate writer with core interest in Politics, sports and economy reports. Abdullahi who studied mass communication at Kwara state polytechnic in Ilorin, is the 1st of six in his family. He's a multimedia journalist who has traveled far and wide in the course of his journalism career.

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