Special Control Unit Against Money Laundering (SCUML) of the Economic and Financial Crimes Commission, (EFCC ) Gombe Zonal office, on August 30, 2018 raided two car dealers for non compliance with the provisions of Money Laundering (Prohibition) Act, 2011 (as amended) and the regulations of Designated Non- Financial Institution (Regulatory Manual) 2013 that regulates the activities of DNFIs. .
According to the information released by EFCC, the companies that were raided are HAMABB MOTORS NIG. LTD along Atiku Abubakar road, Jimeta Yola, Adamawa state and Halal Synergy Limited along Galadima Aminu Way, Jimeta.
The companies were also said to belong to the duo of Abba Galadima and Mansur Abdurahman respectively. They were arrested in the course of the operation. .
The Commission also said that several efforts made by the SCUML officers from Gombe Zonal office by serving the companies with letters of notification for registration in June, 2016, as well as inspection and sensitation in July and November 2017 to register proved abortive. .
Another observation letter was equally served to the companies sometime in 2017 to comply with the law but also yielded no results. .
The Companies’s actions violated the provisions of Section 3; Section 5 (a) & (b), Section 9 and 10 of Money Laundering ( Prohibition) Act, 2011 (as amended), as clearly stated in the observation letters issued to them.
Their non compliance resulted to non registration with SCUML, non reporting transactions and accepting cash payment exceeding the threshold provided by law.
The Commission also yesterday docked three for various crimes ranging from forgery, and false representation in Ibadan, as the Magu led EFCC beam its searchlights on every sector of Nigeria, and no business is being overlooked.
Ibrahim Magu who a few months ago, said such crimes as bribery, forgery, fraud and many other crimes are some of the things affecting the economy negatively, said under his watch, every sector will be seriously scrutinized and anyone found wanting will be arrested and appropriately charged to court.