Cryptocurrency, New Technologies Frustrate Fight Against Financial Crimes — NFIU …C0NTINUE READING HERE >>>
The Nigerian Financial Intelligence Unit (NFIU) said cryptocurrency and other new technologies are frustrating and complicating the fight against financial fraud.
NFIU’s Chief Executive Officer, Hafsat Bakari stated this at a summit with law enforcement agencies in Abuja where she noted that the agency received over 60,000 suspicious transaction reports and more than 15 million currency transaction reports in 2023 alone.
According to her, “It is well known that NFIU plays a very specific role within Nigeria’s security architecture. We do not investigate, we do not arrest and we do…
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