EFCC: Bawa as game-changer
By John Oloruntoba
WITH the appointment of Abdulrasheed Bawa, President Muhammadu Buhari may have finally found the magic wand to reinvigorate the Economic and Financial Crimes Commission, EFCC, and combat graft.
This was the preponderant thinking among stakeholders following the statement announcing a change of guard at the iconic Tunde Idiagbon House, thus sealing the hopes of embattled Ibrahim Magu to return to his exalted office after his dramatic suspension last year and even melodramatic trial by the Justice Ayo Salami-led panel.
EFCC came into being in 2003 as part of a national response to address the challenge posed by the Financial Action Task Force on Money Laundering, FATF, which had indicted Nigeria as one of 23 countries that were not cooperating in the global efforts to fight money laundering.
The leaked WhatsApp chats of Arnab Goswami laid bare the sinister designs hatched by the Modi government
Hyper realism is characterised by depiction of real life in an unusual or striking manner. The rise of hyper realism coincided with the development of photography. It entered into wider currency when American photo-realists of the 1960s and ’70s sought to “immortalise photographic imagery by faithfully capturing their precision and detail in paintings and realistic drawings.” However, by the early 2000s, hyperrealists were using advancements in high-definition photography as a jumping-off point into expressions of false realities that continue to astonish and amaze art lovers all over the world.
Luxembourg Government Hits Back at Money Laundering Allegations chronicle.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chronicle.lu Daily Mail and Mail on Sunday newspapers.
Photo: Kazpravda.kz/Adilbek Tauekelov The Head of State Kassym-Jomart Tokayev received the chairman of the Agency for Financial Monitoring Zhanat Elimanov, Kazpravda.kz reports with reference to the press service of the President of the Republic of Kazakhstan. Kassym-Jomart Tokayev heard information about the work plans of the recently created Agency of the Republic of Kazakhstan for Financial Monitoring for the coming period, as well as a report on the results of the activities of the abolished Financial Monitoring Committee for 2020.
The President was informed about the preparations for the second round of mutual evaluation of the implementation of the norms of the Financial Action Task Force on Money Laundering (FATF) within the Eurasian group on combating money laundering and terrorist financing.
The U.K.’s Financial Conduct Authority and the president of the European Central Bank highlighted the need for more stringent regulatory scrutiny for cryptocurrencies this week.