Osinbajo: Money Laundering is West Africa’s Greatest Existential Threat

Yemi Osinbajo

Says lines between terrorists, corrupt politicians, kidnappers, traffickers blurred
• Laments barriers to repatriation of looted funds from developed countries

Alex Enumah in Abuja

Vice President Yemi Osinbajo said on Saturday in Abuja that money laundering posed serious threat to crucial existential issues in West Africa, stressing that the menace needs to be tackled with utmost unity and determination. Osinbajo stated this at the opening ceremony of the 18th ministerial committee meeting of the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA).

The vice president said the political and economic stability of countries in the sub-region depended heavily on a successful war against the movement of the proceeds of crime. He lamented the obstacles to

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