Egmont Group vice chair steps down after Taiwan visit
Taiwan's Investigation Bureau is publicly praising an outgoing Nigerian anti-money-laundering official, a small but positive sign for Taiwan's standing in global financial crime networks.
- Mohammed Shahid Ahmed, vice chair of the Egmont Group and a senior officer at Nigeria's financial intelligence unit, has finished his term.
- Nigerian media ran photos of his Taipei visit this year, where he met the head of Taiwan's Investigation Bureau and handed over a plaque.
- The visit came during a cross-border cooperation conference, with talks on chasing stolen assets abroad and swapping financial intelligence.
- Taiwan and Nigeria have shared money-laundering and terror-financing intelligence since a 2012 agreement, now widening into fintech and practical know-how.
- The bureau says dirty money is moving across borders faster, making fast trust-based sharing between countries more important.
Outlook: Taiwan says it will keep deepening ties with Nigeria and other Egmont Group members to track cross-border financial crime.