Group petitions EFCC, seeks investigation of Minister, MTN over alleged money laundering

Posted by News Express | 9 October 2016 | 1,868 times

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The Civil Society Network Against Corruption (CSNAC) has asked the Economic and Financial Crimes Commission (EFCC), to commence investigation into an alleged money laundering against the Minister of Trade and Investment,‎ Okechukwu Enelamah, and telecommunication service provider, MTN.

In a petition forwarded to the anti-graft agency and signed by the group’s chairman, Mr. Olanrewaju Suraju, CSNAC said ‎it is demanding the prosecution of banks and individual found to have participated directly or indirectly in this alleged crimes.

The network based its petition on a motion moved on the floor of the Senate by Dino Melaye for probing money laundering allegations against the minister and MTN. Following the motion, the Senate had resolved to investigate allegations of $13.92 billion illicit financial flow involving telecommunications company, MTN, four banks and Enelamah.

CSNAC recalled that it had earlier forwarded a petition against MTN to the EFCC titled INVESTIGATION INTO THE ACTIVITIES OF MTN NIGERIA ON ALLEGED ECONOMIC FRAUD & NON REMITTANCE OF ACCURATE TAXES dated 10th November, 2015.

The group wrote: “We hereby use this petition to serve as a reminder and call to action on this issue and others raised in the previous petition.

“CSNAC is therefore by this petition demanding that a full scale investigation be launched into the activities of MTN in view of this weighty money laundering allegations, as well as the prosecution of banks and individual found to have participated directly or indirectly in this alleged crimes.

“This will go a long way in serving as deterrent and also send a strong message to would be economic fraudsters operating within the system that Nigeria is no longer a haven for such criminal economic activities and that our economy will no longer be left at the mercy of economic saboteurs.”


Source: News Express

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