The Economic and Financial Crimes Commission Zonal Head in Sokoto CDS Bawa Usman Kaltungo warns Nigerians against illegal transactions and money laundering activities. He said this during his brief at the Commission’s Zonal Head in Sokoto with the Sokoto Chapter of Mobile Money and Banks Agents Association (MMBA) Chapter in his office.
He further by expressing his concerns over the high rate of illegal business in Sokoto and seek support from the MMBA leaders to support EFCC curb illegal transaction and other money laundering skills. Kaltungo further advised POS operators in Sokoto to keep a record of their transactions and the identity of their customers, to curb illegal financial transaction and money laundering in Nigeria.
However, the chairman of the Association Abubakar Atiku, while commending the sensitization meeting, assured that his members are law-abiding and ready to comply with all extant laws, regulating monetary transactions in Nigeria.