Abuja - A former Nigerian Financial Intelligence Unit (NFIU) leader said the sharing of intelligence reports with the law enforcement agencies was bearing fruit.
The organisation announced recently it had partnered with such agencies as Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices and other related Offences Commission (ICPC) and the Department of State Security Services (SSS) to combat such serious crimes as terror.
Former director of the unit Juliet Ibekaku, hailed the progress made thus far.
“A very good case we can mention is the on-going case of the Amigo and Fawaz which the NFIU played a major role. The NFIU helped in sourcing the intelligence which developed a case for prosecution."
"The matter which is now before the court is awaiting outcome of judgment,” she said.
The former NFIU boss said that the unit’s mandate focused on both money laundering and terrorism financing.
“In terms of money laundering, there are significant cases which we have done with the EFCC in particular. Most of them have gone to trial. For us, we always look at whether the work we are doing has led to conviction and assets recovery. That is how we measure the work we have done,” she further explained.
– CAJ News