Friday, June 27, 2025
  • About
  • Advertise
  • Careers
  • Contact
Newsroom Nigeria
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life
No Result
View All Result
Newsroom Nigeria
Home Media and Press

BAWA CHARGES JOURNALISTS TO EXPOSE MONEY LAUNDERING, FINANCIAL TERRORISM

According to him, “The fight against corruption can be won if you journalists discharge your responsibilities professionally by engaging in investigative

Newsroom Nigeria by Newsroom Nigeria
April 29, 2023
in Media and Press, News
Reading Time: 2 mins read
0
SHARES
Share on FacebookShare on Twitter

Related posts

FirstBank Wins Gold for Best Corporate University in Social & Climate Change Impact

FirstBank Wins Gold for Best Corporate University in Social & Climate Change Impact

June 26, 2025
Alleged N110b Fraud: Court Adjourns Yahaya Bello’s Trial to July 8

Alleged N110b Fraud: Court Adjourns Yahaya Bello’s Trial to July 8

June 26, 2025

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa on Thursday, April 27, 2023 called on journalists in the Northeast to be proactive and use the tools of investigative journalism to expose corrupt practices, especially money laundering and financing of terrorism.

Bawa who spoke through ACE Oshodi Johnson, Commander, Maiduguri Zonal Command of the Commission, at a one day workshop on Effective Reporting of Economic and Financial Crimes for Journalists covering the activities of the Commission, urged the participants to be alive to their responsibilities as members of the fourth estate of the realm and ask questions where corrupt practices were suspected.

He drew the attention of the journalists to the new anti- money laundering framework and urged them to be conversant with the new laws in order to better inform the public and other stakeholders. In his words, “the Money Laundering (Prevention and Prohibition) Act, 2022, Proceeds of Crime (Recovery and Management) Act, 2022 and the Terrorism (Prevention and Prohibition) Act, 2022 are new legislations designed to prevent and tackle illicit financial flows and money laundering in Nigeria.”

Bawa further urged journalists to monitor the activities of Designated Non-Financial Businesses and Professions, DNFBPs  to determine their level of compliance with their obligations to the Special Control Unit Against Money Laundering, SCUML, under  the Money Laundering (Prevention and Prohibition) Act, 2022, and the Terrorism (Prevention and Prohibition) Act, 2022.

He pointed out that Section 56 of the Terrorism Act empowers SCUML, which is now fully domiciled in the EFCC, to refuse or revoke the registration of any NGO linked to terrorist groups.

Three papers were presented at the workshop. ACE11 Chris Mshelia presented an overview of the anti-money laundering framework, drawing attention to the important provisions of the new Money Laundering Act 2022, and the obligations for individuals and corporate bodies, while ACE1 Obiageli Okechukwu spoke on Digital Payment Statement: Emerging Opportunities for Fraud and Prevention Tips for Victims.

Assistant Director, Public Affairs, Dele Oyewale, spoke on  ”Investigative Journalism and Nigeria’s Fight against Money,” where he charged the Nigerian media to focus on investigative and developmental journalism rather than sensational news.

According to him, “The fight against corruption can be won if you journalists discharge your responsibilities professionally by engaging in investigative journalism with a focus on social justice and accountability.

“This workshop was organized as a way of interfacing with journalists and deepening the relationship between the Commission and the media.”

ShareTweetSendShareShare
Previous Post

ZENITH BANK EARNS N270 BILLION IN THREE MONTHS

Next Post

Sanwo-Olu Congratulates Mike Adenuga at 70, Describes Him as an Iconic Businessman 

Related Posts

FirstBank Wins Gold for Best Corporate University in Social & Climate Change Impact
BANKING

FirstBank Wins Gold for Best Corporate University in Social & Climate Change Impact

June 26, 2025
Alleged N110b Fraud: Court Adjourns Yahaya Bello’s Trial to July 8
JUDICIARY

Alleged N110b Fraud: Court Adjourns Yahaya Bello’s Trial to July 8

June 26, 2025
BANKING

Fidelity MD, Onyeali-Ikpe Urges Women to Embrace Lifelong Learning and Collaboration for Career Success

June 22, 2025
Foreign

WEST AFRICA MUST TURN DEMOGRAPHIC STRENGTH AND MINERAL WEALTH INTO JOBS AND INDUSTRY, SAYS TINUBU

June 21, 2025
Foreign

NIGERIA, BENIN SIGN INTEGRATION AGREEMENT AS PRESIDENTS TINUBU, TALON LEAD CALL FOR REGIONAL REFORMS

June 21, 2025
Foreign

GLOBAL ECONOMY WILL NOT WAIT FOR WEST AFRICA TO GET ITS ACT TOGETHER – TINUBU TELLS ECOWAS

June 21, 2025
Next Post

Sanwo-Olu Congratulates Mike Adenuga at 70, Describes Him as an Iconic Businessman 

RECOMMENDED NEWS

Man Jailed for $30,000 Investment Fraud 

2 years ago

KWARA GOVERNOR EMERGES CHAIRMAN GOVERNORS FORUM, PLEDGES TO UPHOLD GROUP’S VISION

2 years ago

Fayemi Receives Report of Ekiti Transition Committee

3 years ago

ANTI-TINUBU INAUGURATION: DSS SAYS IT HAS IDENTIFIED KEY PLOTTERS, WARNS MEDIA, CSOs

2 years ago

FOLLOW US

POPULAR NEWS

  • TAU Students Win Big   at National Innovation Challenge

    TAU Students Win Big   at National Innovation Challenge

    0 shares
    Share 0 Tweet 0
  • Troops Foil Deadly Terrorist Attack In Niger State, Lose 17 Soldiers

    0 shares
    Share 0 Tweet 0
  • ADEBAYO HELD ALOFT THE BANNER OF THE UPN, LED BY OBAFEMI AWOLOWO, TINUBU PENS TRIBUTE TO A TRUE STATESMAN

    0 shares
    Share 0 Tweet 0
  • TINUBU SIGNS  FOUR TAX BILLS INTO LAW TO TRANSFORM FISCAL, REVENUE FRAMEWORK

    0 shares
    Share 0 Tweet 0
  • NEW TAX LAWS, THE WAY FORWARD FOR NIGERIA’S PROSPERITY, SAYS TINUBU

    0 shares
    Share 0 Tweet 0
Newsroom Nigeria

This independent, liberal online news platform aims to inform citizens about important issues. NEWSROOM NIGERIA covers political, business, economic, national, and international news. They are committed to journalism ethics and hold the government accountable.

  • About
  • Advertise
  • Careers
  • Contact

© 2025 Newsroom Nigeria - Designed by Semasir Connect.

No Result
View All Result
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life

© 2025 Newsroom Nigeria - Designed by Semasir Connect.