Anti-corruption and elections / EFCC

Magu Cautions DNFIs Against Antics of Money Launderers

The Acting Chairman of the Economic and Financial Crimes Commission, (EFCC), Ibrahim Magu has charged operators of the Designated Non- Financial Institutions, DFNIs in Port Harcourt, the Rivers State capital to be wary of criminal elements, who are infiltrating their ranks with intent to launder slush funds. Magu's caution was delivered by Mr. Francis Usani, Director, Special Control Against Money Laundering, (SCUML) in the Commission, while declaring open a two-day sensitization programme, organised by SCUML, in collaboration with the British Council. Magu observed that the loose supervision