Commissioner of Police in charge of Special Fraud Unit (SFU), Lagos, Mrs Margaret Agebe Ochalla, has charged officers to apply professionalism in investigating prosecuting perpetrators: “My vision is to tackle the challenges of police investigators.
“It is ensure that this unit is repositioned to continue to actualise its mandate of investigating and prosecuting serious and complex cases of fraud. The special unit is a leading natural professional unit that must dynamic, robust and efficient.
“It must not abdicate its duties in investigating and prosecuting fraud perpetrators and the recovery of proceeds of fraud. We teach officers modus operandi of police investigations changed over the years and building human capacity in training of SFU personnel. The synergies in SFU are Fintechs, Telcos, Deposit money Banks (DMBS), Central Bank of Nigeria [CBN], Nigeria Inter-Bank Settlement System Plc, [NIBSS] Nigeria Deposit Insurance corporation [NIDIC], Lagos State judiciary, Federal High Court and the diplomatic community.
“The PSPU covers criminal of fraud statutes enforced units and criminal code, advance free fraud cybercrime Act 2015, Money Laundering Law, Miscellaneous Offences Act, Petroleum Act, Failed Bank Act, Proceeds of crime and Dishonoured Cheques Act.
“Others are Typologies offences, subsidy fraud, FOREX fraud, Investment fraud, 419 fraud, Cybercrime fraud, Money Laundering, Occupational fraud, Land/ Property fraud, Bank fraud, Rent fraud, Land Developers fraud, Investment fraud, Oil/Gas fraud, Sexual blackmail, Stealing/ Dud cheque fraud and forgeries.
“We have 95 per cent rate of convictions, forfeiture, effective enforcement of restitution and compensation order.”