NEWSICPC seeks NASS regulation of cryptocurrency trading in Nigeria
- 23rd, September 2021 (3 weeks ago)
- $ 0.00129963
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The Independent Corrupt Practices and other related offences Commission, ICPC, has urged the National Assembly to come up with legislations that would regulate cryptocurrency trading in NigeriaIt added that the operators have used the medium to perpetrate heinous crimes such as money laundry and payment of ransom for kidnapping.
Chairman, ICPC, Prof. Bolaji Owasanoye (SAN) made the call at the opening ceremony of a two-day capacity building retreat with National Assembly and ICPC Board/Committee Directors with the theme, “Corruption, IFFS and financing for national development,” held on Tuesday in Uyo, Akwa Ibom State capital.
A Federal Capital Territory High Court, sitting in Gudu Judicial Division Abuja, per Adebiyi J. has ordered the Nigerian police force to pay a fine of N50 million over the ‘illegal arrest and detention’ of Mrs. Ngozi Umeadi by officers of the Intelligence Response Team, IRT when it was being led by embattled police chief, Abba Kyari.
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