Tag: Money Laundering
Trial of NBA President for money laundering adjourned till May 10
A Federal High Court sitting in Lagos, Southwest Nigeria has adjourned till May 10 hearing of all pending applications filed…
Nigeria, Ghana enter EU blacklist for money laundering
Nigeria, Ghana, Saudi Arabia and Panama were named in a proposed European Union blacklist of nations seen as posing a…
Money laundering: EFCC Intercepts $2.8m at Enugu Airport
The Economic and Financial Crimes Commission (EFCC) Enugu Zonal Office, has intercepted 2.8 million dollars from two persons suspected to…
Trial ends in 10-year old N4.7b money laundering charge against Ladoja
Trial has ended in the 10-year-old case of alleged N4.7 billion money laundering case preferred against a former Governor of…
Malaysian ex-deputy PM charged with money laundering, graft
Malaysian former Deputy Prime Minister, Ahmad Zahid-Hamidi was charged on Friday with 45 offences including money laundering and graft amid…
N229m money laundering: Ex-minister, 4 others reappear in court
The former Minister of Science and Technology, Dr Abdu Bulama and four others on Monday reappeared before a Federal High…
Money laundering: Council of EU tightens rules
The Council of the European Union adopted on Thursday a new directive aimed at counteracting money laundering, the council said…
Buhari signs new Executive Order 8 against money laundering
President Muhammadu Buhari has signed into law the new Executive Order 008 to further tighten tax and money laundering rules…
Money laundering: Former Thai PM Thaksin’s son granted bail
A Thai court on Wednesday granted bail of 30,000 dollars (1 million baht) to the son of former Prime Minister,…
Wife of Malaysian’s former PM arrested for money-laundering
Malaysia’s anti-graft agency on Wednesday said it has arrested former first lady Rosmah Mansor and expects to charge her in…
Money laundering: Turkey orders detention of 417 suspects
Turkish prosecutors issued detention warrants for 417 people on Tuesday, over their alleged involvement in money laundering, local media reported.
Money laundering charge: Court adjourns trial of 2 PDP chieftains
A Federal High Court in Lagos on Monday adjourned until Oct. 26 the trial of Clement Faboyede and Modupe Adetokunbo,…
Ex-Malaysian PM Najib’s lawyer charged with money laundering
A lawyer representing former Malaysian prime minister Najib Razak was charged with money laundering on Thursday, as anti-corruption agents try…
Malaysia’s ex-PM Najib pleads not guilty to money laundering charges
Malaysia’s former Prime Minister Najib Razak pleaded not guilty to money laundering charges slapped on him on Wednesday, as the…
‘Stop $50 billion illegally leaving Africa annually’
UN Secretary-General Antonio Guterres has appealed to the international community to take action against the flow of illegal funds, money-laundering…
Ex-minister, 4 others remanded for alleged money laundering
A Federal High Court in Damaturu, Yobe on Friday remanded a former Minister of Science and Technology, Abdu Bulama, and…
Britain proposes reforms to clamp down on money laundering
The UK government has proposed reforms to clamp down on money laundering after evidence revealed that international criminal gangs are…
Money Laundering: EFCC re-arraigns Dariye’s son on amended charge
The Economic and Financial Crimes Commission (EFCC), on Tuesday in Abuja, re-arraigned Nanle Dariye, son of former Plateau governor, Sen.…
Apex bank wants Shell banks abolished in Nigeria
The Central Bank of Nigeria (CBN) has called for the abolition of shell banks in the country, saying they serve…
Nigerian oil tycoon Wagbatsoma jailed in UK for money laundering
A Nigerian businessman Walter Wagbatsoma, 47, was on Wednesday sentenced to three years and six months imprisonment for money laundering…
Money laundering : Lagos businessman ordered to forfeit $700,000 to FG
A Federal High Court sitting in Lagos South West Nigeria has ordered that a businessman, Ani Paulinus Onyeka, should forfeit…
Ex-governor Babangida Aliyu docked for money laundering
Former Niger State governor Babangida Aliyu was on Thursday arraigned before a Federal High Court in Minna on charge of…
West Africa to enhance measures against money laundering, terrorism financing
West African countries are set to enhance measures to combat money laundering and terrorism financing in the sub-region.
Money laundering: Senator loses bid to stop forfeiture order
A Federal High Court in Lagos on Wednesday refused the People’s Democratic Party (PDP) chieftain, Peter Nwaoboshi’s application to vacate…
Diezani seeks to be part of money laundering case
A former Minister of Petroleum Resources, Diezani Alison-Madueke, has expressed an intention to be joined in a criminal charge involving…
Apex Bank reaffirms commitment to combat money laundering
The Central Bank of Nigeria (CBN) says it has taken necessary steps to ensure that the Nigerian banking sector is…
12 Lawmakers Accused Of Money Laundering
Indian authorities on Friday booked 12 lawmakers of the eastern state of West Bengal’s ruling All Trinamool Congress Party (AITC)…
N3.2bn fraud: Court to rule on Kalu’s objection March 7
A Federal High Court in Lagos on Monday fixed March, 7, to rule on the provision of a witness statement,…
Why I pleaded guilty to money laundering in London – Ibori
Former Governor of Delta State, Chief James Ibori said that he was not guilty of the charges for which he…
EFCC arraigns ex-Kwara PDP guber candidate for money laundering
The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned former gubernatorial candidate of the Peoples Democratic Party candidate in…