According to Bawa, who spoke through the secretary to the commission, George Ekpungu, the EFCC would always welcome business proposals that emphasize integrity and charged the leadership of NACCIMA to encourage its members to ply their businesses with eyes on best practices.
“Our dear association is aware of the suspension of the issuance of the Special Unit Against Money Laundering, SCUML certificates. Over time, our members have complained of their difficulty in obtaining this certificate, which actually affected the ease of doing business and compliance with contractual engagements.
We therefore appeal to you to use your good offices to exempt NACCIMA members from passing through the rigorous application processes when the suspension is finally lifted” he said. Responding, Ekpungu explained that the EFCC suspended the issuance of SCUML’s certificates in the aftermath of the enactment of the Money Laundering Act 2022 and the Terrorism Act 2022, which altered the regulatory framework of SCUML.