FATF GIVES NIGERIA ALL CLEAR ON MONEY LAUNDERING STANDARDS
June 1st, 2006
BY KEITH NUTHALL
THE NIGERIAN government has been removed from a Financial Action Task Force (FATF) black-list of countries deemed not cooperating with the international community's crackdown on money laundering. FATF's ruling plenary was persuaded by Nigeria setting up a financial intelligence unit to detect money laundering and movements of terrorist finance, while securing prosecutions and convictions from criminal investigations into these offences, leading to. In addition, noted FATF: "Nigeria has taken steps at the highest levels to fight ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.