Tag: 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…