Nigeria Joins The Fight Against Money Laundering

The Financial Action Task Force (FATF) has removed Nigeria from its list of countries that refuse to co operate in its campaign to combat money laundering. The decision is based, we are told, on the progress that Nigeria has made

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The Financial Action Task Force (FATF) has removed Nigeria from its list of countries that refuse to co-operate in its campaign to combat money laundering.

The decision is based, we are told, on the progress that Nigeria has made in implementing anti-money laundering reforms, including the establishment of a financial intelligence unit and in launching money laundering investigations, initiating prosecutions and securing convictions.

Of the 23 jurisdictions designated as non-cooperative countries and territories in 2000 and 2001, only one now remains. Can anyone guess which country it is?

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