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Senate seeks quick passage of money laundering, terrorism bills

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The Nigerian Senate has received the Money Laundering Bill and Terrorism Prevention Bill transmitted by President Muhammadu Buhari for consideration and passage.

The bills were accompanied with a letter read at the start of plenary on Thursday by the Senate President, Ahamad Lawan.

President Buhari, in a letter said the request for the passage of both bills was pursuant to the provisions of Section 58(2) of the 1999 Constitution as amended.

Buhari warned that the non-passage of both bills poses a risk that may lead to the eventual blacklisting of Nigeria by the Financial Action Task Force (FATF)..




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