The Economic and Financial Crimes Commission (EFCC) on Wednesday ordered local and international non-governmental organizations to submit lists of their beneficiaries in the northeast region of Nigeria.
For more than a decade, various NGOs have been making donations to internally displaced persons (IDPs) in the BAY states
BAY is an acronym for the United Nations (UN) and humanitarian community coined for the states of Borno, Adamawa, and Yobe.
The EFCC said that the presentation of the names of the people receiving money was required by law to help combat money laundering and terrorist financing in Nigeria.
The Director of the Special Control Unit against Money Laundering (SCUML) domiciled at the EFCC, Daniel Isei gave the position at an interactive meeting in Maiduguri, Borno State.
Isei said the lists would allow the EFCC to identify and verify the actual beneficiaries of the palliatives and the cash provided by donors.
” Our commitment to NGOs is to ensure and enforce regulations and laws against money laundering and to combat funders of terrorist activities.
“This can only be achieved by properly identifying the beneficiaries of aid flows provided by international NGOs,” Isei said
The director emphasized the need for transparency and accountability on the part of NGOs in the performance of their humanitarian functions.
Isei reiterated the importance of submitting “Cash Notification Forms” to EFCC Maiduguri Command for review and approval prior to disbursement of funds.
The official said this would reduce the risk of sabotage and make the funders of terrorism count
Isei warned that appropriate sanctions as provided by law will be imposed on any NGO that errs and refuses to comply with the rules and regulations.