JUST IN: Financial leakages fuelling insecurity in Nigeria – Aregbesola

The Minister of Interior, Rauf Aregbesola, has linked the spate of insecurity in the country to financial leakages.

According to him, criminals are still in business of the money getting into their hands.

The Minister added that insecurity would drastically reduce when the sources of their finances are blocked.

Aregbesola, according to a statement on Friday by the Director of Press, Ministry of Interior, Afonja Ajibola, spoke at the formal inauguration of a 10-member Inter-Ministerial Committee, set up to implement the adoption and implementation of the assigned roles to the Ministry of Interior, on the Financial Action Task Force.

The statement partly read, “Let me reiterate the Federal Government’s unflinching commitment to the eradication of money laundering, financing of terrorism and related corrupt practices. This has made us willing and active partner with other African and indeed global partners in this advocacy and fight.

The 10-Member Committee is headed by the Permanent Secretary, Ministry of Interior, Shuaib Belgore.

The committee is expected to report to the Honourable Minister every two weeks for progress assessment.