EFCC, Trade Ministry Set To Tackle Intellectual Property Theft

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 77%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has assured the Registrar, trademarks, Federal Ministry of Trade and

Investment, Barrister Shafiu Adamu Yauri, of the commission’s preparedness to collaborate with the Ministry in sanitising the business environment for the betterment of the country.

Bawa said, “I want to assure you that our arms are open, we will collaborate together to ensure that the sanity that your department wants to bring to the system is enhanced by the enforcement and prosecution of those that cross the line.

“We have to sit together and agree with one another to do what we have to do together to sanitize our business environment for the betterment of our country. Issues of trademark infringement, intellectual property, copyrights as well as patent rights are issues that are within the purview of the Economic and Financial Crimes Commission to investigate as well as prosecute, of course, in collaboration with sister agencies, particularly yours,” he stated.

EFCC spokesperson, Wilson Uwujaren, said the chairman reminded the registrar of the new Money Laundering Prohibition Act, 2022 and urged him to study the legislation to understand its implications on trademark issues. Bawa further mooted the idea of setting up a joint committee that will work out the fine details of the proposed collaboration between the two institutions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in PROPERTY

Property Property Latest News, Property Property Headlines