Tag: Money Laundering
Court adjourns $2.2m fraud trial of ex-NHIS boss, Oluwafemi Thomas
A Federal High Court in Lagos, on Monday, adjourned until May 15 and May 16 the continuation of the trial of a former Executive Secretary of the Natio [...]
GT Bank UK reaches settlement with FCA over AML controls in its operations
Guaranty Trust Bank UK Limited has reached settlement with the Financial Conduct Authority, FCA accepting findings in relation to historical Anti-Mone [...]
EFCC re-arrests Instagram billionaire, Mompha for alleged money laundering
Popular social media personality and self acclaimed Instagram billionaire, Ismaila Mustapha, more popularly known as Mompha, has been rearrested by th [...]
How Magu used Abuja based Pastor to launder funds abroad
A report by the Presidential Probe Panel has revealed details of how the suspended acting chairman of the Economic and Financial Crimes Commission (EF [...]
US, India, Ghana write FG, demand extradition of 11 Nigerians over drug/money laundering
The United States of America, India and Ghana, have written respectively to the Federal Government requesting the extradition of 11 Nigerians, a repor [...]
Primary school teacher arrested for laundering N550m belonging to her 24-year-old son
A primary school teacher, Mrs. Roseline Uche Egbuha has been arrested following an investigation which exposed her alleged involvement in money launde [...]