EFCC urges journalists to problem highlight on Foreign exchange market – The Whistler Newspaper

EFCC urges journalists to problem highlight on Foreign exchange market – The Whistler Newspaper

Abdulrasheed Bawa, the Government Chairman of the Financial and Monetary Crimes Fee (EFCC), at a workshop on Wednesday, urged journalists to shine their highlight on the overseas trade market within the nation.

He spoke throughout a coaching workshop for journalists on the Fee headquarters in Abuja.

Talking on the group’s actions, particularly because it pertains to Forex, he stated, “Nonetheless, one achievement that almost all of you might not simply acknowledge is the impression that EFCC’s intervention in Forex has had on the worth of the Naira. From properly over N710 to the greenback, following the intervention of the Fee, the Naira has appreciated considerably towards the greenback within the parallel market and we’re not relenting in our efforts to regulate dangerous speculative actions within the sector.

“I urge you to shine your highlight on this space as properly, as it’s in our collective curiosity to have a nationwide foreign money whose worth shouldn’t be topic to the whims of corrupt speculators.”

Talking later on the workshop for journalists on the efficient reporting of financial and monetary crimes, Bawa stated: “I take into account it an ideal honor to be in your midst right this moment, at this auspicious occasion of a workshop on the efficient reporting of financial and monetary crimes, specifically ready for accredited journalists to cowl the actions of the Financial and Monetary Crimes Fee.

“The Fee’s resolution to sponsor this workshop underlines the significance it attaches to the position of the media within the struggle towards financial and monetary crimes, together with corruption.

“No doubt, the flexibility of the media to tell and sensitize individuals concerning the evils of corruption and financial crime is key for us. To date, the media has been useful. If nothing else, the Fee enjoys a visibility that makes it the benchmark for legislation enforcement effectiveness.”

The EFCC boss additionally used the chance to attraction to journalists to be cautious in overlaying financial crimes and guarantee they confirm details earlier than publication.

He stated the aim of the workshop was one of many Fee’s interventions to enhance the capability of the media to ship content material consistent with the Fee’s mandate.

“This occasion is due to this fact one of many Fee’s interventions to enhance the capability of the media to meet its constitutional mandate because the Fourth Property of the Kingdom. As a worthy, dependable and reliable ally, I wish to take this chance to induce much more to the professionals of the media to place the curiosity of our nation at coronary heart, particularly in relation to a acutely aware effort to not have fun the corrupt amongst us, however to reveal on the pages of your newspapers, on the tv screens or within the our numerous on-line platforms.

“The conflict towards corruption is a worthy struggle for the soul of Nigeria and for the long run era; it shouldn’t be left to the EFCC alone.
Nonetheless, there are points with the Fee’s media profile which can be lower than fascinating. The thought, for instance, that the Fee is draconian in its method to combating cybercrime is maybe resulting from a misunderstanding of its modus operandi. However I’m satisfied that on the finish of this workshop we’ll all be higher educated about EFCC processes and procedures”.

He stated the EFCC recorded a complete of 2220 convictions in 2021, including that as of August 5 this 12 months, the Fee had recorded 2210 convictions.

Sylvanus Tahir, the Deputy Authorized and Fiscal Director, who was represented by Mr. Okereke Samuel, spoke on the challenges of prosecuting financial and monetary crimes in Nigeria.

He talked about challenges resembling the shortage of cooperation of the individuals and establishments concerned, gaps within the legislation that guides the prosecution, amongst others.

He stated: “Due to this fact, the primary problem in efficiently prosecuting is to have the ability to acquire the cooperation of those that ought to present related proof to allow a profitable prosecution.”

Different audio system on the occasion have been, Dele Oyewale, who spoke on finest practices in reporting monetary crimes, whereas Buhari Dalhatu, Head of the Cybercrime Part spoke on the enforcement of cybercrimes in Nigeria.

Abdulsalam Mahmud, the Deputy Editor of PR Nigeria, one of many members on the occasion, who spoke to THE WHISTLER, shared his expertise on the workshop.

He stated: “This workshop was an eye-opener for me. Earlier than this occasion, I by no means knew a lot concerning the workings of the EFCC, particularly how they conduct their diligent investigations, however coming to this occasion, I realized a lot and shifting ahead, I can take carried out an in-depth investigation investigative report particularly on financial and monetary crimes”.

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