The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, SAN, has assured Nigerians that efforts are underway to secure the country’s removal from the Financial Action Task Force (FATF) Grey List.
Speaking at a recent two-day workshop organized by the Anti-Corruption Academy of Nigeria on Anti-Money Laundering and Countering the Financing of Terrorism for law enforcement officers, Dr. Aliyu highlighted the significant financial and commercial repercussions of Nigeria’s inclusion on the FATF Grey List. He stated, “The ICPC and other anti-corruption agencies are committed to collaborating to ensure the country’s exit from this challenging status.”
Dr. Aliyu noted that the workshop was part of ongoing efforts to address the issues leading to Nigeria’s Grey List status, emphasizing its role in finding solutions and enhancing the country’s compliance with FATF standards. He reassured participants that similar programs would continue to be organized to meet FATF targets and improve their capabilities.
The ICPC chairman stressed the extensive impact of money laundering on Nigeria’s socio-economic conditions and underscored the urgent need for robust and effective action by ICPC officers to address the challenges posed by the Grey List.
