1
00:00:00,120 –> 00:00:05,599
Speaker 1: Economic and Financial Crimes Commission EFCAC has centered before Nigeria

2
00:00:05,679 –> 00:00:09,679
lomicas that the Commission wrongly filed money laundering charges against

3
00:00:09,679 –> 00:00:13,439
a popular cross prosser. It is opening a aka Bobrisky

4
00:00:13,519 –> 00:00:18,679
because of his confessional statement. EFCC on Monday, while speaking

5
00:00:18,760 –> 00:00:22,559
before the Joint Committee of the House of Representatives investigating

6
00:00:22,600 –> 00:00:26,719
allegations of bribery and corrupt practices against some officials of

7
00:00:26,760 –> 00:00:31,000
the EFCC and Nigeria Correctional Studies following an audio voice

8
00:00:31,039 –> 00:00:33,759
message that appears to be the voice of Bobrinsky that

9
00:00:33,960 –> 00:00:37,719
was made available to the public by an activist Martin’s

10
00:00:37,799 –> 00:00:42,799
O’Shane Be sent aka Very Dagman. EFCC said they initially

11
00:00:42,920 –> 00:00:47,079
taught that Bobrisky firm Bob Express was among the special

12
00:00:47,200 –> 00:00:50,240
kind of businesses and activities that are mandated by a

13
00:00:50,320 –> 00:00:53,759
law to be registered with Special Control Units against money

14
00:00:53,799 –> 00:00:58,719
launderings come due to barberski confessional statement, but the money

15
00:00:58,799 –> 00:01:02,640
landering charges were dropped after EFCC wrote a letter of

16
00:01:02,679 –> 00:01:06,040
conformation to SCULL and the Special Control Unit wrote back

17
00:01:06,079 –> 00:01:10,159
to EFCC that Ocuday is firm above Express was not

18
00:01:10,319 –> 00:01:16,480
among designated non financial institution business and profession d SNFIVP.

19
00:01:17,400 –> 00:01:21,040
It could be interesting to note that designated non financial

20
00:01:21,120 –> 00:01:27,079
institution business and profession d SNFIVP are kind of businesses

21
00:01:27,120 –> 00:01:31,239
and professional services often used by people to londer money abroad.

22
00:01:32,040 –> 00:01:37,239
The businesses and professions include carsidos, entities that engage in

23
00:01:37,319 –> 00:01:43,200
gaming and gambling activities which involve significant cash transactions. Real

24
00:01:43,400 –> 00:01:48,079
estate agents professionals who deal with buying and selling of properties,

25
00:01:48,439 –> 00:01:53,680
often involving substantial amounts of money. Dealers in precious metals

26
00:01:53,680 –> 00:01:57,879
and stones, businesses that tred in high value goods which

27
00:01:57,920 –> 00:02:03,200
can be used to convert illicit cars into valuable assets. Lawyers,

28
00:02:03,480 –> 00:02:09,039
notaries and other independent legal professionals. Individuals who assised a

29
00:02:09,159 –> 00:02:14,360
buying and selling of property, managing clients money, securities and

30
00:02:14,520 –> 00:02:19,879
other assets, and other activities that may involve substantial value.

31
00:02:19,960 –> 00:02:25,680
Accountants professionals who manage financial records and transactions which can

32
00:02:25,759 –> 00:02:30,719
potentially be manipulated for money laundering. Trust and company service

33
00:02:30,800 –> 00:02:35,319
providers entities that provide services related to the creation and

34
00:02:35,479 –> 00:02:40,479
management of companies and trusts EFSC, in a news released

35
00:02:40,479 –> 00:02:44,680
some hours ago, said a prosecutor with the Economic and

36
00:02:44,800 –> 00:02:50,240
Financial Crimes Commission AFSC Biliquies. Ubala on Monday September thirty,

37
00:02:50,439 –> 00:02:53,759
twenty twenty four told a joint committee of the House

38
00:02:53,800 –> 00:02:57,800
of Representatives investigating allegations of corruption against some officers of

39
00:02:57,840 –> 00:03:01,360
the Commission and the Nigeria Correcttional Service that charges of

40
00:03:01,439 –> 00:03:04,840
money laundering dropped as the trial of Idris okunea aka

41
00:03:04,960 –> 00:03:08,439
Barbrisky were lawful and in compliance with the Administration of

42
00:03:08,520 –> 00:03:13,800
Criminal Justice Act. A SJA. Bahala, held of the prosecution

43
00:03:14,000 –> 00:03:17,199
team that handled the trial of Okunee, pointed out to

44
00:03:17,240 –> 00:03:21,280
the committee that the charges were Bahala, head of the

45
00:03:21,280 –> 00:03:24,960
prosecution team that handled the trial of Okunee, pointed out

46
00:03:25,000 –> 00:03:27,360
to the committee that the charges were dropped based on

47
00:03:27,400 –> 00:03:30,879
the disclosure of the Special Control Unit Against Money Laundering

48
00:03:31,360 –> 00:03:36,120
SCOM that okdenis firm Bob Express was not a Designated

49
00:03:36,199 –> 00:03:42,199
Non Financial Institution Business and Profession d sn FIVP and

50
00:03:42,360 –> 00:03:45,520
could not be prosecuted for flouting provisions of the Money

51
00:03:45,599 –> 00:03:50,919
Laundering Prevention and Prohibition APT twenty twenty two. We initially

52
00:03:51,039 –> 00:03:54,520
raised six count charges bordering on Naira abuse and money

53
00:03:54,560 –> 00:03:58,159
laundering against okune based on his confessional statement that he

54
00:03:58,240 –> 00:04:02,120
is firm Bob Express was not registered with SKUM and

55
00:04:02,319 –> 00:04:05,919
was not rendering returns to it. Counts one to four

56
00:04:05,960 –> 00:04:09,439
ware on naira abus, while counts five and six were

57
00:04:09,479 –> 00:04:13,960
on money laundering. Okuneya’s confession that he didn’t register his

58
00:04:14,120 –> 00:04:18,600
firm bob expressed with scuml and not rendering returns to

59
00:04:18,720 –> 00:04:23,199
its informed the money lundering charges initially included in the

60
00:04:23,279 –> 00:04:27,319
six count charges. However, when we wrote to SCUM on

61
00:04:27,399 –> 00:04:30,800
the status of the firm, the unit responded that it

62
00:04:30,959 –> 00:04:35,800
was not a designated non financial Institution Business and Profession

63
00:04:36,319 –> 00:04:41,240
d s NFIBP. We cannot lawfully sustain the charges in

64
00:04:41,319 –> 00:04:45,399
all sincerity. We therefore dropped them and relied on the

65
00:04:45,480 –> 00:04:49,560
four counts on nairah mutilation to which Okunei had pleaded guilty.

66
00:04:49,959 –> 00:04:54,920
She said. The prosecutor dismissed claims of financial inducements in

67
00:04:55,040 –> 00:04:59,199
dropping charges, maintaining that no such team happened. There is

68
00:04:59,240 –> 00:05:03,800
simply no basis for that. The Administration of Criminal Justice

69
00:05:03,839 –> 00:05:10,519
Act ACJA allows amendments of charges. It is a professional practice.

70
00:05:10,800 –> 00:05:14,079
It is laughable for anyone to attribute our decision to

71
00:05:14,160 –> 00:05:17,800
monetary issues. Why then we write to SKUNG if we

72
00:05:17,920 –> 00:05:21,399
didn’t want to include the charges we wrote to be

73
00:05:21,480 –> 00:05:24,680
lawfully guided and when the unit responded that the fund

74
00:05:24,759 –> 00:05:27,920
had not breached any law, on what basis should we

75
00:05:28,000 –> 00:05:32,920
have returned the money laundering charges? She said. Bhala, who

76
00:05:33,040 –> 00:05:36,959
appeared before the committee with top management staff of the EFCC,

77
00:05:37,639 –> 00:05:40,839
charged the committee to critically look into all the issues

78
00:05:40,920 –> 00:05:44,800
raised against the EFCC and public its findance in the

79
00:05:44,879 –> 00:05:49,279
interest of justice. Chief of Staff to the efc CYS

80
00:05:49,399 –> 00:05:54,079
Chairman Commander of the efcc C E. Michael and Zaqui,

81
00:05:54,160 –> 00:05:57,480
who stood for the Chairman order or the Creatori, stated

82
00:05:57,519 –> 00:06:01,160
the seriousness the Commission attached to integrat of its staff

83
00:06:01,920 –> 00:06:07,199
revealed the allegation of bribery against our officers. Seriously, integrity

84
00:06:07,360 –> 00:06:10,160
is one of our core values. This is why we

85
00:06:10,279 –> 00:06:12,920
are here to place all the facts involved in the

86
00:06:12,959 –> 00:06:17,519
trial of Okuneye in the public domain, he said. Okunaya,

87
00:06:18,000 –> 00:06:21,600
an ex convict, had alleged in the viral video that

88
00:06:21,759 –> 00:06:25,879
he offered fifteen million miras fifteen million nera as a

89
00:06:25,920 –> 00:06:29,639
bride to someone named EFCC officers to drop money laundering

90
00:06:29,800 –> 00:06:35,800
charges against him, sas one lede Queen day Qni in

91
00:06:35,879 –> 00:06:37,040
a morgig is away