He added that, “having policies in place to combat financing of terrorism will surely reduce or eliminate privacy and anonymity in financial and other sundry transactions as it relates to the subject in our society.
The lawmaker noted that the repeal is aimed at providing adequate framework for improved international collaboration, inter-agency cooperation and freezing of terrorist funds/assets. He said, “It is our belief here in the Senate, that this bill, by the time signed into an Act by Mr. President, will enhance the efforts of this government in the fight against terrorism, kidnapping, and other associated and related vices.
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