Adeosun seeks new approach to curbing financial crimes

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Kemi Adeosun, the former Minister of Finance in Nigeria, has called for a new approach to curbing financial crimes in the country. In an interview, she emphasized the need for a more proactive and collaborative approach between government agencies, financial institutions, and the private sector to combat financial crimes.

Adeosun, who resigned as Minister of Finance in 2018, highlighted the importance of strengthening the country's financial regulatory framework and improving the capacity of law enforcement agencies to investigate and prosecute financial crimes.

She also emphasized the need for greater international cooperation and information sharing to track and recover stolen funds. Adeosun noted that financial crimes are a global problem that requires a global response, and that Nigeria must work closely with other countries to combat money laundering, terrorist financing, and other financial crimes.

Adeosun's comments come at a time when Nigeria is facing significant challenges in combating financial crimes. The country has been plagued by corruption and financial crimes, including money laundering, fraud, and embezzlement, which have undermined its economic development and stability.

The former Minister's call for a new approach to curbing financial crimes is timely and necessary. It is essential that Nigeria adopts a more proactive and collaborative approach to combating financial crimes, and that it works closely with other countries to track and recover stolen funds.