Bill To Establish Financial Intelligence Agency Passes Second Reading In Senate

Bill To Establish Financial Intelligence Agency Passes Second Reading In Senate

The Bill seeking to establish the Nigerian Financial Intelligence Agency as the central body in Nigeria has scaled second reading in the Senate.

The Bill which was sponsored on Tuesday by Senator Chukwuka Utazi, seeks to strip the Economic Financial Crimes Commission (EFCC) of control over the Nigerian Financial Intelligence Unit (NFIU).

The motion was seconded by Deputy Majority Leader Senator Bala Na’ Allah who urged his colleagues to do the needful and support the Bill.

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