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Buhari seeks stiffer penalty for money launderers

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buhariPresident Muhammadu Buhari on Wednesday introduced two bills to the National Assembly to strengthen the war against money laundering.

The bills were titled, “The Money Laundering (Prevention and Prohibition) Bill, 2016” and “The Mutual Legal Assistance in Criminal Matters Bill, 2016.”

The Senate President, Dr. Bukola Saraki, read the letter containing the bills at plenary on Wednesday while at the House of Representatives, the Speaker, Mr. Yakubu Dogara, read Buhari’s letter conveying the bills to members.

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