Nigeria's parliament passes anti-money laundering law
Nigeria's parliament passes anti-money laundering law
08 March, 2018, 02:38
Receiving the report, submitted by Senator Chukwuka Utazi, Chairman, Senate Committee on Financial Crimes and Anti-Corruption, Deputy President of the Senate, Mr Ike Ekweremadu, said there was need to expedite action on it.
The Senate on Wednesday approved the conference committee report on a bill that will grant autonomy to Nigerian Financial Intelligence Unit (NFIU).
A meeting between Senate President Bukola Saraki and Speaker, House of Representatives, Yakubu Dogara, mandated the two lawmakers to meet and conclude work on the conference report.
To stop Nigeria's expulsion from the EGMONT Group, the Senate has passed the Report of the Nigerian Financial Intelligence Unit (NFIU) Bill awaiting assention by the executive.
This followed the consideration of clauses of the harmonised report by the Senate and House of Representatives Committees on Financial Crimes and Anti-Corruption.
The EFCC act had designated the commission as the destination for the NFIU, a position the Egmont group rejected because it would compromise the utmost secrecy under which financial intelligence units operate globally. This means Nigerians will be unable to carry out foreign transactions.
The EGMONT Group is a network of 152-member countries that share information relating to criminal intelligence and financial information.
The bill also provides that the head of the unit should be called a director and that the appointment of the director should be subject to Senate confirmation.
Nigeria risked being expelled by the Egmont Group if the bill wasn't passed earlier.
Nigeria has been in the eye of the storm since it was suspended by the Egmont group in July 2017, following its failure to pass a law guaranteeing the independence of the financial intelligence unit. I hope that by passing the conference report, they will have a second view and re-admit us.
"It is important that we see it being practiced - this is very important".
As her final piece of wisdom, Kim left the world with an all caps declaration that Yeezy does not follow the rules. Replying to the since-deleted Yeezy Mafia tweet, Kardashian wrote that season 7 "will be online soon".
And numerous commonly offered rationales for daylight saving time (yes, it's "saving", not "savings" ) no longer hold true. Rick Scott remained noncommittal Wednesday about whether he will sign the legislation into law if it reaches him.
The Performante Spyder gets the same Strada (Comfort), Sport and Corsa (Track) modes as in the regular Huracan models. The only real difference is that it lacks a roof which has necessitated a recalibrated suspension system.
Another person said it would amount to a fine of Jones by the NFL, which has accused Jones of conduct detrimental to the league. Jones publicly fought to block the commissioner's contract before Goodell ultimately signed a lucrative extension in December.
This was the democratic process to consult other party leaders for finalizing the name of Chairman Senate, he said. The minister said the questions should also be raised that how parties having just six seats bagged 26 votes.
Today it appeared that instead of a trio of phones we are waiting for a full Quartet, so at the end of the device may be four. Apart from this, the phone also features a dual LED flash light underneath the third lens as you can see in the image.
The reality star, who is eight months pregnant, opened up about her pregnancy diet (or lack thereof) on the same day. Khloe stated in a tweet that she is looking forward to Chicago , Stormi , and her daughter being "best friends".
Zinedine Zidane chose to play Lucas Vazquez and Marco Asensio against the Ligue 1 giants - but the pair impressed in large spells. And although he came on with 14 minutes of the match left, he continues to be linked with a move back to the Premier League.
The $559.7 prize, drawn January 6, was the fifth-largest Powerball jackpot in history, the lottery said in a statement . They say she made a "huge mistake" when she signed her real name on the back of the ticket before contacting them.
At the rear, it gets sleek wraparound LED tail lamps along with the "Vision" badge that spans across the width of the auto . The EVision Electric Sedan Concept comes with prognostics controller that forecasts service requirements of key components.
Gary Oldman's Son Defends His Dad Against Abuse Allegations
In 2017, it was revealed that Oldman secretly married for the fifth time to Canadian writer and art curator Gisele Schmidt . Donya Fiorentino , 50, has accused her ex-husband Gary Oldman of beating her with "a telephone in front of their children".
Alleged Oscar thief to be arraigned on grand theft charges
The video shows a man in a tuxedo who appears to be Bryant holding an Oscar statuette highly and proudly as an onlooker cheers. Although Frances said to let him go, TMZ reported this morning that the man "has been booked on felony grand theft".
Archbishop Oscar Romero to be announced saint
Pope Francis , the first pontiff from Latin American, remarked, in 2015, that Romero was killed "in hatred of the faith". Although martyrs do not need to have a miracle attributed to them to be beatified they do in order to become a saint.
Shubhankar gets special invitation for Masters
Shubhankar has won twice in the past four months, at the Joburg Open in December and the Maybank Championship in February. I couldnt find my golf clubs, asked someone and they pointed me in the right direction.