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Nigeria Vows to Tackle Cyber Crime, Money Laundering

Nigeria’s President Bola Tinubu has ordered a crackdown on cyber criminals and transnational car thieves, directing agencies such as the Economic and Financial Crimes Commission (EFCC), Nigeria Customs Service, and Nigeria Police Force to intensify efforts in tackling stolen vehicle trafficking. This comes after the EFCC handed over 53 vehicles and $180,300 to the Royal Canadian Mounted Police, following cybercrimes committed by Nigerian nationals against two Canadian citizens.

President Tinubu commended the EFCC’s collaboration with international partners, emphasizing that Nigeria won’t be a haven for illicit wealth or stolen vehicles. He expressed concerns over transnational organized crime groups exporting stolen vehicles to Nigeria and stressed the importance of depriving criminals of their illicit proceeds.

The President’s directives include protecting Nigeria’s economic and financial integrity from organized crime and preserving seized assets for the state, society, and victims, in line with existing laws and international conventions.

This move is part of President Tinubu’s administration’s commitment to tackling money laundering, cybercrime, and other financial crimes. Previously, he urged the EFCC to sustain its fight against internet crimes and corruption, noting that Nigeria’s image is unfairly tarnished by the “Nigerian scam”.

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