• SERAP Urges Financial Action Task Force To Sanction Nigeria Over Nine Point Three Million Dollar Cash Seized In South Africa
The Socio-Economic Rights and
Accountability Project, SERAP, has urged the Financial Action Task Force, to
investigate the admission by the Nigerian government that it hired a private
jet to convey nine point three million dollar cash to procure arms in South
The Executive Director of
SERAP, Adetokunbo Mumuni in a letter to the President of FATF, Roger Wilkins,
urged him to consider applying appropriate sanctions and measures to deter the
practice in future.
He said the organisation which
is charged with the responsibility of checking money laundering and financing
of terrorism, is best positioned to look into the matter.
Nigeria is a member of the
Financial Action Task Force.