An investigation reveals how ex-NSA Dasuki approved billions of naira for personal use, while Nigerian lawmakers violate the law and ignore the needs of the Public Works Department despite spending N42 billion on renovations. The report also highlights how disinformation fueled ethnic tensions in Kaduna. The Financial Action Task Force (FATF) grey-listed Nigeria in 2023 due to capital inflow issues and deficiencies in combating money laundering, terrorism and arms financing. Despite these issues, Nigeria has made progress in its fight against terrorism financing and money laundering.
Nigeria n lawmakers violate country’s law, ignore PWD’s needs despite spending N42 billion on renovationsSPECIAL REPORT: How disinformation fueled ethnic tensions in KadunaINVESTIGATION: Dasuki Money Trail: How ex- NSA approved suspicious billions for family friends
However, the NFIU in its Monday statement, said Nigeria has been adjudged Compliant or Largely Compliant in 37 out of the 40 recommendations of the FATF. “During the plenary, Nigeria’s 3rd Follow-Up Report was discussed, focusing on its progress in addressing technical compliance deficiencies identified in its 2021 AML/CFT Mutual Evaluation,” the statement added.The plenary also recognised the remarkable improvement in Nigeria’s legal and regulatory framework and upgraded five key recommendations from Partially Compliant to Largely Compliant.
Nigeria Dasuki NSA Corruption Lawmakers Public Works Department Disinformation Ethnic Tensions FATF Money Laundering Terrorism Financing
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