National Assembly, stop toying with anti money laundering and anti terrorism bills
The reluctance of the Nigerian parliamentarians to pass the anti-money laundering (AML) and anti-terrorism (AT) bills is worrisome. Although, if history will be our guide, it rings true to the character of Nigeria’s members of the national assembly to hold anti-corruption bills in disdain. Similar fate as befalling the AML Bill has been the lot of Freedom of Information (FoI) Bill, Whistle Blowers Bill and several other bills aimed at promoting transparency and accountability in government. Background to the Bill President Goodluck Jonathan had written twice this year to appeal to the Senators and House of Reps members to pass the bill, all to no avail. News report has it that the new anti-money laundering bill was meant to replace the 2004 version of same bill which was said to lack the relevant provisions that will make it fully compliant with the recommendations of the Financial Action Task force (FATF), established by the G7 Summit held in Paris in 1989. Nigeria, at its last meeti...