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NFIU Alleges Lawyers Collaborate With Criminals To Conceal And Invest Illicit Funds
NFIU Alleges Lawyers Collaborate With Criminals To Conceal And Invest Illicit Funds
The Chief Operating Officer of the Nigeria Financial Intelligence Unit (NFIU), Dr. Emmanuel Shotande, has expressed concerns about certain lawyers allegedly aiding criminals in laundering and investing the proceeds of their illegal activities. Speaking at a Nigerian Bar Association (NBA) workshop in Abuja, Dr. Shotande highlighted instances where lawyers assist criminal clients in purchasing real estate to conceal their illicit gains…….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶
Key Points:
- Accountability of Lawyers: Dr. Shotande questioned the accountability of some lawyers, noting their role in helping criminal clients launder money through real estate investments.
- Caution Against Aiding Criminals: He urged lawyers to be vigilant when dealing with politically exposed individuals, cautioning against facilitating the concealment of illegal activities.
- Call for Cooperation: Dr. Shotande advocated for increased collaboration among the NBA, NFIU, and the Economic and Financial Crimes Commission (EFCC) to combat money laundering and related crimes.
NBA’s Stance on Anti-Money Laundering:
NBA President Yakubu Maikyau (SAN) emphasized the importance of adherence to the NBA’s anti-money laundering guidelines and the rules of professional conduct for 2023. He urged lawyers to lead the fight against corruption, highlighting their unique responsibility due to their legal expertise.
Maikyau’s Address:
- Role of Lawyers: Maikyau asserted that lawyers must take the lead in societal issues, particularly in understanding and guiding legal matters related to corruption and money laundering.
- Collaboration and Self-Regulation: He noted the importance of collaboration and self-regulation within the legal profession to effectively combat corruption.
- Legal Expertise: Emphasizing that fighting corruption is fundamentally a legal issue, Maikyau pointed out that lawyers, by virtue of their training and knowledge of the law, are best positioned to guide and direct efforts to uphold legal standards and fight corruption.
Conclusion:
The workshop underscored the critical role of lawyers in combating financial crimes and maintaining ethical standards within the legal profession. The call for increased diligence and cooperation among legal professionals and regulatory bodies aims to strengthen efforts to prevent the misuse of legal services for illicit activities.
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“She Can See Again!”: Harry B Makes Desperate Public Appeal To Restore Blind Actress Maureen Okpoko’s Vision
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Veteran actor and musician Harry B Anyanwu has called on Nigerians, filmmakers, and Nollywood colleagues to rally financial support for ailing veteran actress Maureen Okpoko.....KINDLY READ THE FULL STORY HERE▶
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While visiting her in Enugu State, Anyanwu shared that she has been dealing with blindness for years, though doctors confirm her sight can be restored with proper medical care.
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Emphasizing that collective support can significantly impact her health, he urged the public and industry peers not to turn a blind eye to her struggles during this tough time.
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Highlighting her contributions to the film industry, he passionately pleaded for joint financial assistance to help her get the necessary treatment.
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Nigerian singer Cynthia Ikponmwenosa Morgan has weighed in on the ongoing rift between the Okoye brothers, sharing her own past struggles with music executive Jude Okoye on Instagram.....KINDLY READ THE FULL STORY HERE▶
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Accusing her former label boss of unfair and harmful actions, Morgan stated that she has firsthand knowledge regarding some of the allegations leveled against Jude by his brother, Peter Okoye.
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Morgan expressed her belief that the judiciary is the most effective path to uncovering the truth, noting that Jude possesses a strong talent for manipulating public narratives both on and off camera.
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Criticizing his toxic and divisive nature, she pointed out that Jude attempted to paint Peter as failing, even though she recently noticed Peter trending for a new song.
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Concluding her statement with an assertion of his character, she declared herself a living witness to his actions and explicitly stated that Jude is not a good person.
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POLITICAL EARTHQUAKE: Kwankwaso’s Close Ally Senator Rufai Hanga Dumps Party In Shock Defection!.
Senator Rufai Hanga, representing Kano Central Senatorial District and serving as the Deputy Minority Whip of the Senate, has formally resigned from the Nigerian Democratic Congress (NDC), citing personal commitments and career paths.....KINDLY READ THE FULL STORY HERE▶
Formal Resignation: In a letter dated August 3, 2026, and directed to his ward chairman, Senator Hanga announced the immediate withdrawal of his party membership and requested the removal of his name from the party register.
Gratitude Extended: He expressed appreciation to the ward executive committee and members of Dakata ward for their support, fellowship, and the relationships built during his time with the party.
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