EU adds Nigeria, Ghana, others to dirty-money blacklist

Muhammadu Buhari

The European Commission has added Nigeria, Ghana, and other jurisdictions to a blacklist of nations that pose a threat due to lax controls on terrorism financing and money laundering, Dailymail reports.

Criticisms have, however, trailed the list which worries some EU states about their economic relations with the black-listed countries.

The EU executive announced on Wednesday that Saudi Arabia, Panama, Libya, Botswana, Ghana, Samoa, the Bahamas and the four United States territories of American Samoa, U.S. Virgin Islands, Puerto Rico and Guam, have also been added.

The other listed states are Afghanistan, North Korea, Ethiopia, Iran, Iraq, Pakistan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia and Yemen.

The list, which previously had 16 countries, now includes 23 jurisdictions.

Bosnia Herzegovina, Guyana, Laos, Uganda and Vanuatu were removed.

The 28 EU states now have one month, which can be extended to two, to endorse the list.

They could reject it by qualified majority. EU justice commissioner, Vera Jourova, who proposed the list, told a news conference she was confident states would not block the list.