The House of Representatives has promised to eliminate terrorism, money laundering, and other financial crimes.
In its first meeting since its formation on Tuesday, the House Committee on Financial Crimes promised to employ all possible legislative tools to protect the nation’s finances.
Ginger Obinna, the committee’s chairman, addressed the members, thanking them for their commitment to pursuing justice and addressing complex challenges such as financial crimes, illicit financial flow, money laundering, terrorism financing, advance fee fraud, and cybercrime.
Mr Obinna emphasised the significance of collective wisdom, teamwork, and diverse perspectives in developing strategies and policies to protect the financial system and the rule of law.
“It is your unwavering commitment to transparency, fairness and accountability that has set the highest standards for our committee’s work,” he said.
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“As we move forward in our mission, I have full confidence that our combined efforts will continue to make a profound impact on our society. Together, we will ensure that those who engage in financial crimes and criminalities are held accountable and brought to justice.”
According to Mr Obinna, the committee’s jurisdiction will include oversight of anti-graft agencies such as the Economic and Financial Crimes Commission, the Nigerian Intelligence Financial Unit, and other agencies involved in investigating allegations of financial crimes and money laundering.
Recognising the group’s enormous responsibilities, Mr Obinna expressed confidence in the committee members’ capacity to address the country’s financial crime concerns.
“Let us carry our mission forward with renewed energy and determination to make positive changes to the nation’s economy in tandem with the set agenda of this administration to fight corruption,” he added.
