Lagos – Nigeria and the United States are increasing their cooperation in the fight against cybercrime.
A team of experts from the United States' Immigration and Customs Enforcement (ICE) is in Nigeria to discuss measures to tackle the problem.
The delegates are in charge of anti-bulk cash movement and money laundering.
The leader of the team, Special Agent Matt Baechtle, said they are collaborating with Nigeria’s Special Fraud Unit (SFU) because of the prevalence of such crimes in Nigeria.
Baechtle pledged his organization would assist SFU in the proposed training for officers and the gate keeping of financial organizations to scuttle fraudsters.
According to the United States State Department Money Laundering Report 2013, Nigeria remains a significant centre for criminal financial activity.
Individuals such as internet fraudsters and corrupt officials and businessmen, as well as criminal and terrorist organizations, take advantage of the country’s location, porous borders, weak laws, corruption, lack of enforcement and poor socio-economic conditions to launder the proceeds of crime.
Nigeria has taken significant steps towards improving its anti money-laundering regime, including by enacting the Money Laundering (Prohibition) (Amendment) Act in February.
– CAJ News