The Senate has commenced legislative process to strengthen the fight against terrorism and financing in Nigeria with the amendment of the Mutual Legal Assistance in Criminal Matters Act, 2018 which it has passed for second reading The bill, sponsored by senator Emmanuel Udende (APC Benue North East), seeks to ensure Nigeria's compliance with...
The Senate has commenced legislative process to strengthen the fight against terrorism and financing in Nigeria with the amendment of the Mutual Legal Assistance in Criminal Matters Act, 2018 which it has passed for second reading The bill, sponsored by senator Emmanuel Udende , seeks to ensure Nigeria's compliance with current Financial Action Task Force, FATF recommendation on the fight against money laundering and terrorism financing.
'Section 17 is amended to improve the new subsection 5 to define without delay, within the context of Section 17 . For the purpose of this section, without delay means a period not more than 60 days,' the lawmaker stressed. Senator Udende, therefore, urged the Senate to expedite action on the bill, saying its early passage would provide Nigeria the opportunity to exit the Grey Listing through ICRG mechanism.