ADVERTISEMENT

EFCC, Interpol collaborate to tackle illicit financial flows

The EFCC boss says no particular organisation, agency or country can fight the scourge of corruption and financial crimes all alone.

Chairman of the EFCC, Ola Olukoyede [Punch Newspapers]

The Anti-fraud organisations, supported by Japan International Cooperation Agency (JICA) said this at the opening of the first INTERPOL/JICA workshop on financial crimes in Abuja on Monday.

Isaac Oginni, Director, INTERPOL Financial Crime and Anti-Corruption Centre (IFCACC), stressed that effective collaboration among nations would disrupt the financial profit of criminal enterprise and reduce crime rate.

“Horrifying crimes such as drug trafficking, fraud and human trafficking can only be tackled effectively when we disrupt the financial profit behind the whole criminal enterprise.

ADVERTISEMENT

“The National Central Bureau can only fully close the loop on your investigations, when we collectively follow the money trails across countries, and engage other international partners for assistance to recover them.

“If you want to go fast, go alone. If you want to go far, go together,” he said.

Oginni said that INTERPOL, together with the Japan International Cooperation Agency, developed the project to strengthen collaboration in the fight against the menace.

The Chairman of EFCC, Mr Ola Olukoyede, said no particular organisation, agency or country could fight the scourge of corruption and financial crimes all alone.

The News Agency of Nigeria (NAN) reports that Olukoyede was represented by Francis Usai, Director, Fraud Risk Assessment and Control Department of the EFCC.

ADVERTISEMENT

According to him, the daunting nature of the fight against corruption in Nigeria and the world at large, deserves serious collaboration among organisations saddled with the responsibility of fighting corruption

“I have leant over the years that no particular organisation, agency or country can fight the scourge of corruption and financial crimes all alone, in view of the dynamic nature of corruption and other financial crimes.

“The reason I strongly believe that this programme is apt and timely.

”I am therefore delighted that this project is not only targeted at enhancing the capabilities and sharpening of the skills of Nigerian law enforcement agencies in combating corruption and financial crimes.

“But designed to also foster a culture of cooperation through the establishment of a robust multi-agency network of investigators to strengthen collaboration among them,” Uwsai said.

ADVERTISEMENT

President, Africa INTERPOL Executive Committee, retired AIG Garba Umar, said the objective of Nigeria and other nations was to enhance inter-agency cooperation towards combating transnational crimes.

Umar disclosed that INTERPOL was introducing “Silver Notice” to help financial agencies across the globe to trace and repatriate stolen funds stashed anywhere in the world.

Japan’s Ambassador to Nigeria, Matsunaga Kazuyoshi described the workshop as an opportunity for new alliances and collaboration to tackle international financial crimes

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Male students have higher tendencies to cheat in exams – Unilorin Don

Male students have higher tendencies to cheat in exams – Unilorin Don

Food Security should be collective responsibility of all Nigerians - APC Chieftain

Food Security should be collective responsibility of all Nigerians - APC Chieftain

Zamfara govt gives reasons for disengaging 109 contract teachers

Zamfara govt gives reasons for disengaging 109 contract teachers

Tinubu condoles with Mele Kyari over daughter’s death

Tinubu condoles with Mele Kyari over daughter’s death

You're being fed wrong advice on the economy - Ndume tells Tinubu

You're being fed wrong advice on the economy - Ndume tells Tinubu

Your call for protest over hardship is inciteful - APC blasts Amaechi

Your call for protest over hardship is inciteful - APC blasts Amaechi

Access ARM Pensions Merger: 3 reasons why it’s for you

Access ARM Pensions Merger: 3 reasons why it’s for you

Why 25% discount food market, 'Ounje Eko' was suspended – Lawmaker

Why 25% discount food market, 'Ounje Eko' was suspended – Lawmaker

Be strong, confident - Tinubu tells Nigeria girl-child

Be strong, confident - Tinubu tells Nigeria girl-child

Pulse Sports

Super Eagles star Victor Boniface matches Okocha’s record

Super Eagles star Victor Boniface matches Okocha’s record

Naija stars abroad: Boniface shines in disappointment as Okoye makes Super Eagles starting claim

Naija stars abroad: Boniface shines in disappointment as Okoye makes Super Eagles starting claim

Victor Osimhen and Tosin Demehin: Super Eagles and Super Falcons stars link up in Galatasaray

Victor Osimhen and Tosin Demehin: Super Eagles and Super Falcons stars link up in Galatasaray

You can’t have it all - Pundit slams Iwobi’s Fulham teammate for Man City failure

You can’t have it all - Pundit slams Iwobi’s Fulham teammate for Man City failure

A Leader: How Jamaican legend Fraser-Pryce helped Junelle Bromfield navigate the horrors of online backlash during the Olympics

A Leader: How Jamaican legend Fraser-Pryce helped Junelle Bromfield navigate the horrors of online backlash during the Olympics

Iwobi to Man City? Pep Guardiola praises 'Never before seen' Nigerian star

Iwobi to Man City? Pep Guardiola praises 'Never before seen' Nigerian star

ADVERTISEMENT
ADVERTISEMENT