Connect with us

latest

NFIU Alleges Lawyers Collaborate With Criminals To Conceal And Invest Illicit Funds

Published

on

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.
Terror In Abuja: Gunmen Kill Top Vet Doctor, Abduct His Three Children

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.
Shettima Leads Federal Delegation To Kwara After Kaima Massacre.

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.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Advertisement

latest

Don’t Burn Tyres On New Roads — FERMA Begs Abia Residents.

Published

on

The Federal Road Maintenance Agency (FERMA) has appealed to residents of Abia State and other road users along the Aba–Azumini highway to protect the newly completed road from activities that could damage it.....KINDLY READ THE FULL STORY HERE▶

FERMA’s South-East 2 Zonal Director, Suleiman Mohammed Omonowo, issued the warning during an inspection of the project, cautioning against the burning of tyres during celebrations, which he said could damage the road surface.

He noted that destructive practices by some youths and community members often contribute to the early failure of road projects across the country.

Kaduna LP Applauds Nenadi Usman’s Supreme Court Win, Urges Members To Return.

“Our advice to road users, especially indigenes, is to protect the road from destruction. Let nobody come and destroy it or burn tyres in the name of celebration,” he said.

Omonowo said the Aba–Azumini highway was previously in a very bad condition before FERMA intervened, describing it as a death trap for commuters and residents.

He also expressed satisfaction with the quality of work done on the project, adding that drainage structures such as catch pits would help prevent flooding and extend the lifespan of the road.

Crackdown On IPOB: Security Agents Dismantle Terror Camps

According to him, the highway serves as a major link between Aba, several Abia communities, and Cross River State, carrying heavy traffic daily.

He urged local construction firms to improve on quality delivery to compete effectively with foreign contractors.

Meanwhile, the Federal Roads Maintenance Engineer in Abia State, Festus Okafor, said FERMA workers have not faced harassment or violence from residents during operations in the state.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Continue Reading

latest

Correctional Service Declares Escaped Yobe Inmate Wanted Nationwide.

Published

on

The Nigerian Correctional Service (NCS), Yobe State Command, has declared a 30-year-old inmate wanted after he escaped following a road accident involving a prison transport vehicle.....KINDLY READ THE FULL STORY HERE▶

The incident reportedly occurred on April 13, 2026, while inmates were being conveyed from the Medium Security Custodial Centre in Potiskum to Damaturu.

In a statement issued in Damaturu, the Command’s Public Relations Officer, DSC Abdullahi Adamu, said the vehicle conveying the inmates was involved in a crash during the journey.

Harvesters Church Founder Pastor Bolaji Idowu In Custody Over Allegations Of Fraud And Money Laundering

He said the accident happened while efforts were ongoing to rescue those affected.

The escaped inmate was identified as Dahiru Mohammed, with prison number J/1539/24, who was admitted into custody on November 29, 2024.

The Correctional Service described him as dangerous and warned members of the public not to have any form of contact with him.

Kaduna LP Applauds Nenadi Usman’s Supreme Court Win, Urges Members To Return.

It urged residents to report any useful information that could lead to his re-arrest to the nearest security agency.

Authorities also cautioned that harbouring a fugitive is a criminal offence punishable under the law.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Continue Reading

latest

Court Orders UI To Reinstate Students Suspended Over Fee Hike Protest.

Published

on

The Federal High Court sitting in Ibadan, Oyo State, has ordered the University of Ibadan (UI) to reinstate three students suspended over their participation in a protest against tuition fee hikes.....KINDLY READ THE FULL STORY HERE▶

Delivering judgment on Wednesday, Justice Nkeonye Maha set aside the decision of the university’s Central Student Disciplinary Committee, ruling that the students were denied fair hearing during the disciplinary process.

The court held that the failure to allow the students call witnesses and present evidence violated their constitutional right to fair hearing, rendering the sanctions against them invalid.

Ex-Governor El-Rufai Accused In Money Laundering Case By Former Chief Of Staff

The affected students — Aduwo Ayodele, Mide Gbadegesin, and Nice Linus — were suspended on July 14, 2025, after taking part in a protest against increased school fees approved by the university’s governing council.

Dissatisfied with the suspension, they approached the court, arguing that the disciplinary proceedings breached their fundamental rights and due process.

They asked the court to quash the suspension, reinstate their studentship, and award damages for alleged rights violations.

In her ruling, Justice Maha agreed with their arguments, stating that the university’s actions failed to meet the standards of natural justice.

Shettima Leads Federal Delegation To Kwara After Kaima Massacre.

Following the judgment, rights group CAPPA hailed the decision, urging the university to comply fully, reinstate the students, and issue an apology.

The group said the ruling reinforces constitutional protections for freedom of expression and serves as a warning against the suppression of student protests in tertiary institutions.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Continue Reading

Trending

Copyright © 2023 NIVONEWS

×