Tag: Money Laundering
Inside Oluwaseun Adekoya’s real-life ‘Money Heist’ that shook the US banking system
...He then recruited a network of managers and lower-level operatives across the country, equipping them with fake driver’s licenses to…
From Romance to Rivalry: Jarvis threatens legal action against boyfriend Peller
In a statement released on Sunday by Aiso Entertainment, Jarvis’s team described Peller’s claim as false, malicious, and without evidence.
Olukoyede charges businesses, professionals in southwest on money laundering
"The importance of vigilance in identifying suspicious activities and legal obligations of DNFBPs in reporting such transactions to relevant authorities…
Hundreds of thousand of dollars flowing out of Nigeria every hour – INTERPOL
Speaking on the theme of the Workshop: Strengthening Capacity and Coordination against Financial Crimes, Umar pointed out that financial crimes…
Court acquits ex-Lagos Speaker Ikuforiji of money laundering charge
Ikuforiji is charged by the Economic and Financial Crimes Commission (EFCC) alongside his former Personal Assistant, Oyebodewith a 54-count charge…
Nigerian govt announces date for trial of Binance executives
Gambaryan and Anjarwalla, who escaped from lawful custody on March 22 and fled Nigeria, will be arraigned before Justice Emeka…
Reps seek arrest of Binance CEO for money laundering, tax evasion
In his response, the Legal counsel to Binance, Mr Senator Ihenyen said that the company had responded in writing to…
Court to hear ex-AGF Shasore’s case in December
Following his not-guilty plea, the EFCC Counsel, Bala Sanga, SAN, requested a trial date to prove the allegation against the…
Again EFCC arraigns Lagos ex-AGF Shasore
Earlier, Shasore was on Thursday, arraigned on Thursday before a Federal High Court, Lagos, on a four-count charge of money…
Just In: EFCC arraigns former Attorney General Shasore
Shasore is accused of having committed money laundering to the tune of $100,000 without going through a financial institution.
Wema Bank Debunks Money Laundering, Bribery Report
Wema Bank has debunked recent reports in the media linking it with money laundering and bribery on certain customer transactions.…
Ex-governor Dickson’s aide Apere, wife arraigned for money laundering
EFCC urged the court to adjourn till 19 Oct. to enable the commission to produce witnesses to establish its case.
Meet Sabo Suleiman who concealed $184K in diapers
Here is the face of Sabo Suleiman, the man who hid $184,800 dollars in diapers, but who proved not to…
U.S. toughens law against global money laundering, kleptocrats
The game is up for politicians and public officials stealing money from their countries and sending them to the U.S.…
Nigerian Bala Muazu arrested in Nairobi with $880K, €60K
A Nigerian Bala Muazu arrested at the Jomo Kenyatta Airport in Nairobi with thousands of dollars and Euro stashed inside…
Alleged money laundering: Court acquits ex-minister Wali
A Federal High Court sitting in Kano on Friday discharged and acquitted a former Minister of Foreign Affairs, Alhaji Aminu…
Customs seizes $890K from 2 Lebanese, hand them over to EFCC
Two Lebanese, Dina Jihad Khali and Chamseddine Waell Mohmmed, have been arrested by the Customs Area Command, Port Harcourt, Rivers…
Saraki docked for money laundering
Ope Saraki, cousin to former senate president, Bukola Saraki was charged today with money laundering at a Federal High Court…
EFCC, NDLEA Collaborate on money laundering, drug abuse
The Economic and Financial Crimes Commission, EFCC and the National Drug Law Enforcement Agency, NDLEA have agreed to form alliance…
N4.9 billion Fraud: Fani-Kayode, Usman’s trial adjourned
Justice Ridwan Aikawa of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, further adjourned the trial of a…
EU moves to float new watchdog for money laundering
Europe is tightening the loopholes in its banking sector being used by money launderers, with EU's largest states pushing for…
Nigerians react to arrest of Mompha suspected ‘Yahoo Yahoo Big Boy’
The Economic and Financial Crimes Commission, EFCC has confirmed the arrest of Nigerian rich boy based in Dubai Ismaila Mustapha,…
‘Gift’ to Obasanjo: Atiku’s son-in-law charged afresh with money laundering
Abdullahi Babalele, son-in-law of Atiku Abubakar was docked today on a new charge of laundering $140,000.
Art works: New method of money laundering
While the legitimate art market is itself enormous—estimated at $67.4 billion worldwide at the end of 2018—the underground art market,…
EFCC: Aid agencies in Nigeria under watch for money laundering
The acting chairman, Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has disclosed that aid agencies operating in the troubled…
JUST IN: EFCC docks Atiku’s lawyer Giwa-Osagie for money laundering
Uyiekpen Giwa-Osagie, lawyer to former Vice President Atiku Abubakar, has been charged with money laundering by the Economic and Financial…
Money laundering: Erastus Akingbola’s trial resumes June 13
A Federal High Court in Lagos on Tuesday adjourned until June 13, the money laundering trial of a Managing Director…
American woman arrested for laundering money for Nigerian scammer
A 63 year-old woman Mable Dulaney, of West Monroe, Louisiana, United States is facing trial, accused of laundering thousands of…
EFCC arraigns man for N58m money laundering
The Economic and Financial Crimes Commission, EFCC, has arraigned Okoroji Stanley Chinonso, a Malaysian based man, before Justice Folashade Giwa-Ogunbanjo…
EFCC keeps mum over Tinubu’s bullion vans
The Economic and Financial Crimes Commission (EFCC) on Thursday declined comments about whether it had launched an investigation to find…