Chairman of the Economic and Financial Crimes Fee, AbdulrasheedBawa, has mentioned that genuine estates are risk-free haven of dollars launderers.
Talking on last Thursday when getting the President of the Nigerian Institution of Estate Surveyors Valuers (NIESV), Emmanuel Wike, Bawa narrated how they uncovered a retired civil servant developed a university in Kaduna.
“Just past thirty day period, we identified a retired civil servant designed a university in Kaduna and nobody, which includes your users, described such transactions.
‘’So, I’m continue to bold to say that the true estate sector is 1 of the least difficult areas for dollars launderers. That is why we’re empowering SCUML with all the needed tools to allow us realize our mandate, so regardless of what we are doing is backed by the regulation.”
Bawa urged members of the NIESV to comply with extant laws regulating their procedures by furnishing the EFCC with complete information of suspicious transactions in line with the Funds Laundering Prevention and Prohibition Act (2022).
Wike certain the anti-graft company that his customers would collaborate with the EFCC by exposing the negative eggs in the profession.