He said: “In Abuja, you see so many estates coming all over and we believe the sources of these funds are unlawful funds. The funds are illegally gotten either from the government or from an international crime that is used to launder through estate business.
“Real estate is one of the designated and non-designated professions that are also under our obligation under the establishment to do a full disclosure.
“So, EFCC is actually working to look into that dimension and the new Money Laundering Act has provided an opening for the government to look into the aspect of real estate as we saw under the Act.
“It is not an investigation that is going on, rather we have identified specifically that these are proceeds of crime,” he added.
He explained that the training was to keep journalists abreast of the framework of the new anti-money laundering Act 2022 and the role they were expected to play.
