The Federal Government on Tuesday said it was leveraging Public-Private Partnerships as part of its Anti-Money Laundering, Counter Financing of Terrorism, and Counter-Proliferation Financing to tackle wildlife crimes.
The government noted that it has identified wildlife as a means for money laundering, adding that the partnership would help curb the crime.
Speaking at the opening of a roundtable on Public Private Partnership to support AML/ CFT/ CPF collaboration in Nigeria, the Chief Executive Officer of the Nigerian Financial Intelligence Unit, Hafsat Bakari stated that collaborations with other agencies has led to significant progress in dismantling wildlife trafficking networks.
These networks, according to her, are known to fund criminal enterprises and contribute to biodiversity loss, posing a major threat to Nigeria’s environment and national security.
In a goodwill message, a representative of United for Wildlife and former Head of the South African FIU, Xoisile Khanyile, pointed out that the fight against Illicit Wildlife Trade should not be left to conservatives alone.
While stating that nature has dissipated by 73 per cent over the years, she disclosed that illicit wildlife activities have gone beyond the activities of poachers to now involve money laundering, adding that, “illicit wildlife trade is now a transnational activity with about $100 to $200 billion a year.”