The call to action for judges to play a pivotal role in combating financial crimes and preventing the legal system from being a channel for illicit financial activities was made by the Chief Justice of Nigeria during a program on anti-money laundering, terrorism financing, and proliferation financing risk assessment in Abuja. Collaboration among the judiciary, legal professionals, law enforcement, anti-corruption agencies, and financial regulators is crucial to removing Nigeria from the Financial Action Task Force’s “Grey List.” The impact of Nigeria’s presence on the Grey List includes economic constraints and reduced investor confidence. The positive effects of being delisted would be substantial in terms of economic and reputational benefits. The workshop received diverse participation, signifying a united effort to enhance Nigeria’s anti-money laundering and counter-financing of terrorism framework. The sensitization program for judges aims to support the government’s efforts to get Nigeria off the FATF Grey List. The British High Commissioner to Nigeria reiterated the UK’s commitment to aiding Nigeria in combating money laundering, highlighting the significant annual losses to money laundering in the country.
CJN seeks judicial collaboration to remove Nigeria from FATF grey list
