Money laundering: EFCC beams searchlight on real estate
The Economic and Financial Crimes Commission has raised the alarm over the widespread occurrence of money laundering within Nigeria’s real estate sector, citing estate developers as key facilitators due to inadequate customer vetting. According to a press release on EFCC social media accounts on Wednesday, its chairman, Ola Olukoyede, tasked real estate developers with the need to do background checks on real estate investors to ascertain the legitimacy of their […]