efcc urges journalists to beam searchlights on foreign exchange market – the whistler newspaper - the whistler nigeria

EFCC Urges Journalists To Beam Searchlights On Foreign exchange Market – The Whistler Newspaper – The Whistler Nigeria

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Abdulrasheed Bawa, the Govt Chairman of the Financial and Monetary Crimes Fee (EFCC), at a workshop on Wednesday, urged journalists to beam their searchlights on Foreign exchange advertising and marketing within the nation.
He spoke throughout a coaching workshop for journalists on the Fee’s headquarters in Abuja.
Talking on the actions of the group, particularly relating to Foreign exchange advertising and marketing, he stated, “Nonetheless, one achievement which most of you might not simply recognise is the impression which EFCC’s intervention in Forex has had on the worth of the Naira.  From properly over N710 to the Greenback, following the Fee’s intervention, the Naira has appreciated considerably in opposition to the Greenback within the Parallel market, and we’re not relenting in our efforts to test dangerous speculative actions within the sector.
“I urge you to additionally beam your searchlights on this space as it’s in our collective curiosity to have a nationwide foreign money whose worth will not be topic to the whims of crooked speculators.”
Talking additional on the workshop for journalists on Efficient Reporting of Financial and Monetary Crimes, Bawa stated: “I depend it as an ideal honour to be in your midst at this time, at this auspicious occasion of a workshop on the Efficient Reporting of Financial and Monetary Crimes, specifically put collectively for journalists accredited to cowl the actions of the Financial and Monetary Crimes Fee. 
“The choice of the Fee to sponsor this workshop underscores the significance which it attaches to the position of the media within the combat in opposition to financial and monetary crimes, together with corruption.
“No doubt, the media’s capacity to tell and sensitize the folks on the ills of corruption and financial crime is essential for us. Up to now, the media has been useful. If nothing else, the Fee enjoys a visibility that makes it the reference level for effectiveness in legislation enforcement.”
The EFCC boss additionally seized the chance to enchantment to journalists to be cautious within the protection of financial crimes and guarantee they confirm information earlier than publication.
He stated the aim of the workshop was meant to be one of many interventions by the Fee to enhance the capability of the media to ship content material in accordance with the Fee’s mandate. 
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“This occasion is subsequently one of many interventions by the Fee to enhance the capability of the media to ship on its constitutional mandate because the Fourth Property of the Realm. As a worthy, reliable and dependable ally, I need to use this chance to additional urge media practitioners to place the curiosity of our nation at coronary heart, significantly because it pertains to a conscientious effort to not have a good time the corrupt in our midst, however to show them on the pages of your newspapers, screens of tv or our numerous on-line platforms.
“The struggle in opposition to corruption is a worthy combat for the soul of Nigeria, and for the long run era; it shouldn’t be left to the EFCC alone.
However, there are points within the media profiling of the Fee which can be lower than fascinating. The notion, for example, that the Fee is draconian in its strategy to preventing cybercrime is maybe borne out of poor understanding of its modus operandi. However I’m satisfied that on the finish of this workshop we are going to all be higher educated on the processes and procedures of the EFCC.”
He stated the EFCC recorded a complete of 2220 conviction in 2021, including that as of August 5 this 12 months, the Fee had recorded 2210 convictions.
Sylvanus Tahir, the Deputy Director Authorized and Prosecution, who was represented by Mr. Okereke Samuel, spoke on challenges of prosecuting financial and monetary crimes in Nigeria. 
He talked about challenges equivalent to lack of cooperation from individuals and establishments concerned, gaps within the legislation guiding prosecution amongst others. 
He stated: “The primary problem subsequently, to efficiently prosecute is to have the ability to get hold of the cooperation from those that ought to present related proof that may allow profitable prosecution.”
Different audio system on the occasion have been, Dele Oyewale, who spoke on Greatest Apply in Monetary Crimes Reporting, whereas Buhari Dalhatu, Head, Cybercrime part spoke on Cybercrime Enforcement in Nigeria. 
Abdulsalam Mahmud, the deputy editor of PR Nigeria, one of many contributors on the occasion, who spoke to THE WHISTLER, shared his expertise on the workshop.
He stated, “This workshop has been an eye fixed opening session for me. Previous to this occasion, I by no means knew a lot concerning the workings of the EFCC, particularly how they perform their diligent investigations, however coming to this occasion, I’ve identified a lot and shifting ahead I can be capable to perform an in-depth investigative report particularly on financial and monetary crimes.”
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