House of Representatives Committee Voices Concerns Over Surge in Advanced Financial Crimes

The House of Representatives Committee on Financial Crimes has expressed apprehension regarding the increasing prevalence of sophisticated financial crimes and the urgency to address this growing trend. Ginger Obinna, the committee’s chairman, conveyed these worries during the hearing on the defense of the 2024 appropriation bill by the Economic and Financial Crimes Commission (EFCC) in Abuja on Tuesday. Obinna emphasized the significant threat that financial crimes pose to the stability and progress of any economy. He highlighted the surge in sophisticated financial crimes witnessed by the nation in recent years,…

Read More