By SADIQ ABUBAKAR, Maiduguri –
The Network of Civil Society Organizations Borno State (NETCSOB) in collaboration with the Economic Financial Crime Commission (EFCC) Directorate, Maiduguri, has organized a one-day training workshop for Civil Society Organizations in Borno State on Money Laundering and Reporting System.
The training aimed to equip CSOs with the knowledge and skills necessary to comply with EFCC rules and regulations.
Executive Director of NETCSOB, Ambassador Bulama Abiso, emphasized the significance of compliance with EFCC regulations, stating, “Understanding the risks of money laundering and our responsibilities in reporting suspicious transactions is critical not only for institutional sustainability but also for national security and public trust.”
Abiso expressed gratitude to the EFCC and other partners who supported the training, saying, “I urge all participants to take full advantage of the presentations and discussions that will follow… We say thank you to CATAI, CENSCOPE, PACHE, and LABDI for their generosity and commitment.”
The training covered key topics, including an overview of money laundering, suspected currency transactions reporting, and introduction to the Nigerian Intelligence Unit System.
The facilitators highlighted the importance of compliance, risk prevention, and reporting suspicious transactions.
Assistant Commander II, Baba Magaji Ibrahim, Zonal Coordinator, Special Control Unit for Money Laundering (SCUML), EFCC Directorate Maiduguri, presented a paper on the overview of money laundering, while Abbas Abdullahi, Technical Compliance Officer, SCUML, spoke on suspected currency transactions reporting. Magani Ibrahim presented a paper on introduction to the Nigerian Intelligence Unit System.
The training aimed to deepen the understanding of CSOs on money laundering prevention and compliance, enabling them to align their organizational practices with national anti-corruption frameworks.
