Economic and Financial Crimes Commissions EFCC has said accepting or making cash payment in excess of N5 million is money laundering.
According to the commission a person who makes or accepts cash payment in excess of N5, 000, 000 or its equivalent commits an offence under Money Laundering (Prevention and Prohibition) Act, 2022.
If paying with at least N5m cash is money laundering and hence an offence under d law, how come when d govt pays fulani terrorists millions in cash for release of kidnapped victims, govt is never taken to court by EFCC, or if one argues that it is negotiators like Gumi and Mamu that delivered d cash to them, how come EFCC never goes after Sheik Gumi or Mamu? The whole govt of Nigeria is not only a fool but also a miserable fool worth every ounce of ridicule and scorn. Fools!