Nigerian president signs anti-money laundering, terrorism bills into law

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Nigerian president signs anti-money laundering, terrorism bills into law

STORY: Nigerian president signs anti-money laundering, terrorism bills into law DATELINE: May 14, 2022 LENGTH: 00:01:55 LOCATION: Abuja CATEGORY: POLITICS/LAW SHOTLIST: 1. various of the signing ceremony 2. SOUNDBITE (English): MUHAMMADU BUHARI, President of Nigeria STORYLINE: Nigerian President Muhammadu Buhari on Thursday signed into law three bills aimed at improving the anti-money laundering and counter-terrorist financing/proliferation financing framework in Nigeria. Speaking at a signing ceremony, the president described the bills as being in tandem with the administration's commitment to fighting corruption and illicit financing activities, as well as critical to the governance agenda and the development of Nigeria. SOUNDBITE (English): MUHAMMADU BUHARI, President of Nigeria "The new laws have provided enough punitive measures and containment strategies against abuses and compromises. We will not rest until we rid the nation of the menace of money laundering, terrorism, and other financial crimes.

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