GIABA to mediate in EFCC-Egmont quarrel
Coulibay and Magu
London, September 28 2017 (AltAfrika)-The Inter- Governmental Action against Money Laundering in West Africa, ( GIABA) is to intervene in the misunderstanding between the Nigerian anti-corruption agency the Economic and Financial Crimes Commission, ( EFCC) , and the Egmont Group which culminated in the suspension of the Nigerian Financial Intelligence Unit (NFIU) from the Group.
The NFIU, an arm of the Economic and Financial Crimes Commission, EFCC, was suspended from Egmont group at a plenary of the Heads of FIUs in Macao on July 5, 2017.
The Director General of GIABA, Adama Coulibaly told the acting chairman of the EFCC, Ibrahim Magu “if this suspension is not lifted early, it is going to have a negative impact not only on Nigeria, but the West African region”. The two corruption fighters met at the EFCC’s headquarters in Abuja Nigerian capital
While commending the EFCC for championing the anti-corruption crusade in Nigeria, Coulibaly said that the agency’s achievements were not only for the country, but for the African continent. “We are here to express our support to Nigeria on this noble objective of fighting corruption,” he said, adding that Nigeria will host GIABA’s plenary between November 13 and 19, 2017.
In his remarks, Magu noted that the suspension of the NFIU from the Egmont Group was based on “misinformation,” by those who are hell-bent on handicapping the EFCC, and it is a case of “corruption fighting back”. “I have confidence in the management of the NFIU and the Special Control Unit against Money Laundering, SCUML, and the relationship is very cordial and professional,” he said, stressing that the EFCC was “very much in support of the NFIU’s autonomy”.
The Egmont Group of Financial Intelligence Units is an informal network of 154 national FIUs which provide a platform to secure exchange of expertise and financial intelligence to combat money laundering, the financing of terrorism, and other related offences .
AltAfrika learnt that the issues that culminated in the suspension of Nigeria are predicated on a petition by a former director of the NFIU who, embittered by the manner of her dismissal, painted an imagery of siege on the NFIU with the objective to compromise information from the Egmont Secure Website,
Though the allegation was investigated and proven to be false by the Egmont Group, however, the petition raised concerns over the autonomy of NFIU.