CACOL backs Buhari’s call for speedy passage of anti-money laundering bill

An anti-corruption crusader, Coalition Against Corrupt Leaders (CACOL) on Tuesday, expressed support for President Muhammadu Buhari’s call for speedy passage of the anti-money laundering bill.

CACOL described Mr. President’s call as a bold step and an indication of unrelenting proactiveness of his administration at monitoring the unprincipled transactions of money looters that had remained rampant over the years.

The coalition’s Executive Chairman, Comrade Debo Adeniran, said “if we can remember properly, on assuming office last year, President Buhari made it clear that his most important priority was to fight corruption at every level by plugging all those identified holes through which Nigeria’s resources were being drained with reckless abandon. This certainly is one of the means through which the President can accomplish the lofty goal of fighting corruption.”

Continuing he said that “the hydra-headed menace that is corruption, stands as an adverse phenomenon that cannot be entirely purged from the system if every lawful means are not deployed in the anti-corruption war. The President is by all noble means setting a cardinal dais, diminishing the sturdy hold that corruption has on some major facets; features like money laundering represent in bold relief one of the major ways corruption criminals utilizes to loot the country’s commonwealth.”

We therefore urge the Buhari-led administration to introduce other bills similar to the anti-money laundering bill for implementation into the system to help with the fight against corruption, for when one fights against corruption, corruption itself fights back. This is Nigeria, it is our own, so let’s put aside all the frivolities and innate corrupt tendency so we can make Nigeria whole again.” the CACOL Chairman concluded.