ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Wednesday, April 21, 2021
Premium Times Nigeria
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • COVID-19
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • COVID-19
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Nigeria moves to return to Egmont Group

Chairman, Senate Committee on Anti-Corruption and Financial Crimes, Sen Chukwuka Utazi (l) presenting the Report of the Committee to ; Vice-president Yemi Osinbajo at the Presidential Villa in Abuja on Wednesday (20/9/17). 05048/20/9/2017/ ICE/NAN

Nigeria moves to return to Egmont Group

byAgency Report
September 20, 2017
2 min read
ADVERTISEMENT

The Presidential ad hoc committee set up by the Nigerian government to facilitate the return of the country to Egmont Group submitted its report to Vice President Yemi Osinbajo on Wednesday.

The Chairman of the committee and Senator representing Enugu North, Chukkwuka Utazi, gave the information to State House Correspondents after the committee met with the Vice President.

According to him, the committee was optimistic that with appropriate suggestions and actions to be taken by the federal government, the country will soon return to the global financial intelligence group

“The Committee is a Presidential ad hoc Committee to reposition the Nigeria Financial Intelligence Unit and then restore Nigerian membership of Egmont Group from which was suspended on July 7.

“This committee is here today to present a report to the Vice President which he will in turn discuss with Mr President before any formal decision will be taken by the government,’’ he said.

Mr. Utazi declined to mention what the report contained or its recommendations noting that the Vice President just received it and would discuss it with the President before the committee could comment on it further.

“This committee has worked to ensure that everything that led to our being suspended from the Egmont Group was handled in that report.

“By the time this report would be considered by Mr President and the Presidency, Nigeria would get out of the woods,’’ the Senator said.

He said the committee was not set up to justify the suspension or otherwise but noted that “the thing is that we have been suspended and we are working very hard to come out of such a situation.’’

RelatedNews

Buhari greets Oshunkeye, 2006 CNN African Journalist of the Year, at 65

U.S. COVID-19 cases rise as more states ease restrictions

Chad’s President wins reelection, extending 30 years in power

Chelsea, Man City, Real Madrid may be axed from Champions League

The Senator said that going forward, the committee expected that with the timely intervention of the Presidency in sync with the passage of the law by the Senate in July, it showed that Nigeria was moving forward.

He also noted that the international community was following the processes in the country to ensure that the suspension was lifted.

The Egmont Group of Financial Intelligence Units is an informal network of national financial intelligence units (FIUs).

TEXEM AD

National FIUs collect information on suspicious or unusual financial activity from the financial industry and other entities or professions required to report transactions suspected of being money laundering or terrorism financing.

FIUs are normally not law enforcement agencies, with their mission being to process and analyze the information received. If sufficient evidence of unlawful activity is found, the matter is passed to the public prosecution agencies.

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...


JOIN THE CONVERSATION

  • Disqus (0)
premiumtimes



PT Mag Campaign AD

Previous Post

Nigerian Court grants injunction proscribing IPOB

Next Post

Court to rule on Ndume’s suit against Senate in October

Agency Report

Agency Report

More News

Minister of Education, Adamu Adamu.

Union opposes appointment of principal officers for six new Colleges of Education

April 20, 2021
Yaba College of Technology, Yabatech

YabaTech releases cut-off marks for 2020/2021 session

April 20, 2021
Gov Sanwo-Olu addressing the Lagos NBA

We have implemented JUSUN’s demands – Sanwo-Olu

April 20, 2021
Oba David Oyewumi, the Obadu of Ilemeso Ekiti.

Ekiti traditional ruler hospitalised after release by kidnappers

April 20, 2021
OAU campus gate

OAU student commits suicide

April 20, 2021
Murtala Muhammed International Airport, Lagos [PHOTO CREDIT: lagos-airport.com/]

MMA personnel return missing N2.3m to elated passenger- Official

April 20, 2021
Next Post
Senator Ali Ndume

Court to rule on Ndume’s suit against Senate in October

UPDATED: NASU, SSANU, NAAT end meeting with govt, to suspend strike

UPDATED: NASU, SSANU, NAAT end meeting with govt, to suspend strike

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


Explore Akwa Ibom Ad


Explore Akwa Ibom Ad


Access Bank Ad


NITDA Ad





Glo Ad

Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,655,061 other subscribers.

Advertisement






netherland biz school Advert



Zenith Advert

ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
    • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.