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IGP establishes police anti-money laundering units

The Inspector-General of Police, Kayode Adeolu Egbetokun, has established the Police Anti-money Laundering Units of the Nigeria Police Force and appointed a renowned financial expert, CP Hyacinth Azuka Edozie, with officers of the rank of Chief Superintendents of Police (CSPs) to lead the units in all State Criminal Investigation Departments (SCIDs) across the country.

The IGP called on all citizens to play an active role in national security by reporting suspicious activities related to counterfeit currency and financial crimes.

On why the unit was created despite having the Economic and Financial Crimes Commission and the Independent Corrupt Practices and Other Related Crimes Commission, the Force PRO said this initiative is a strategic move to strengthen the police’s role in national security, specifically in combating financial crimes.

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He said it is also critical in countering the sophisticated methods used by terrorist organisations and other criminal entities to finance their activities.

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He said the Nigeria Police Force remains resolute in its efforts to combat financial crimes and ensure a secure economic environment with a view to promoting national security for the safety of all Nigerians and residents.

 

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Update: In 2025, Nigerians have been approved to earn US Dollars as salary while living in Nigeria.


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