Osun State Governor, Ademola Adeleke, has called on members of the Association of Motor Dealers of Nigeria (AMDON) in the state to promptly report any suspicious financial transactions to the Economic and Financial Crimes Commission (EFCC).
Adeleke emphasised that strict compliance with financial regulations safeguards both individual businesses and the wider economy.
He made this appeal on Tuesday in Osogbo, during a one-day sensitisation programme organised by AMDON in collaboration with the Special Control Unit Against Money Laundering (SCUML), EFCC Ibadan Zonal Office.
Represented by the Commissioner for Commerce and Industry, Mr. Bunmi Jenyo, the governor urged motor dealers to view regulatory compliance not as a bureaucratic burden, but as a necessary measure to protect their livelihood and the integrity of Osun’s economy.
“Our government will not tolerate bad actors who tarnish the reputation of hardworking motor dealers,” Adeleke said. “We will reward compliance with incentives, but anyone involved in forgery, tax evasion, or money laundering will face the full weight of the law.”
He urged dealers to register their businesses, obtain the SCUML certificate, keep accurate records, and avoid large cash transactions.
“Compliance is not optional,” he said. “These steps are shields, not hurdles.”
Adeleke further assured the dealers of the state government’s continued support and encouraged cooperation with anti-graft agencies, stressing that the EFCC’s presence at the event was meant to “support, not stifle, legitimate enterprises.”
The EFCC Zonal Coordinator for SCUML, Ibadan Zonal Directorate, Toyin Ehindero-Benson, explained that the sensitisation programme was part of ongoing efforts to strengthen collaboration with stakeholders and ensure adherence to anti-money laundering and counter-terrorism financing laws.
“The topic, ‘The Importance of Know Your Customer and Customer Due Diligence,’ is crucial,” she said. “These practices help prevent criminals from using legitimate businesses to conceal illegal activities.”
In his goodwill message, AMDON National Vice President, Adeniyi Ibrahim, urged members to follow the EFCC’s directives strictly.
“We must adhere to the guidelines to avoid embarrassment and harassment,” he advised.
The EFCC has recently intensified its focus on prevention-based strategies through sensitisation and stakeholder engagement.
Earlier in October, EFCC Chairman, Ola Olukoyede, warned National Youth Service Corps (NYSC) members across the country against participating in cybercrimes, noting that many young Nigerians have faced convictions and stigmatization as ex-convicts.
Represented by Babatunde Sulaiman, Head of Public Affairs, Lagos Zonal Directorate 2, Olukoyede urged corps members to report fraudulent activities using the Eagle Eye App and to act as whistleblowers in their communities.
“Corruption has dragged our nation down the ladder of development,” he said. “We must take decisive action to change this narrative.”
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