To further boost the efforts of the Government of Nigeria to rid the country of all forms of crime and criminality including money laundering, the National Coordinator, National Counter Terrorism Centre, Office of the National Security Adviser, Rear Admiral YEM Musa (rtd) on behalf of the National Security Adviser, Maj. Gen. Babagana Monguno (rtd), hosted the Forum of Financial Intelligence Units in GIABA member states led by its President, Mr. Stanley Ford, in Abuja, on Thursday, 10th November, 2022.
The meeting provided an ample opportunity to share ideas on ways to curb crimes that can impede the growth of the country, of which money laundering is a key factor.
While addressing the forum, the National Coordinator expressed the appreciation of the National Security Adviser, saying that Nigeria would leave no stone unturned in ensuring a peaceful society for her citizens and all residents of the country.
GIABA is a specialised institution of ECOWAS that is responsible for strengthening the capacity of member states towards the prevention and control of money laundering and terrorist financing in the region.
It could be recalled that Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) was established by the Economic Community of West African States (ECOWAS) Authority of Heads of State and Government in the year 2000.
The creation of GIABA was a major response and contribution of the ECOWAS to the fight against money laundering.