Tag: Money Laundering
Money Laundering: Court adjourns Fani-Kayode’s trial
A Federal High Court in Lagos on Tuesday adjourned till 11 November the trial of former minister, Femi Fani-Kayode, standing…
The lessons I learnt from my trial – Ikuforiji
Eromosele Ebhomele Acquitted Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, on Friday declared that he had learnt…
Lagos Speaker, Ikuforiji, acquitted of N600mn money laundering charges
Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji has been discharged and acquitted by Justice Ibrahim Buba of…
Corruption costs poor countries $1.0 trillion a year
Corruption, fraud and money-laundering cost poor countries a total of $1.0 trillion a year, the anti-poverty organisation ONE said in…
Standard Chartered fined $300 mn over laundering controls
New York’s banking regulator hit Standard Chartered Bank with a $300 million fine and restrictions on its dollar-clearing business Tuesday…
Money Laundering: Ikuforiji Knows Fate 26 Sept.
Akin Kuponiyi Speaker of Lagos State House of Assembly, Adeyemi Ikuforiji and his personal assistant Oyebode Atoyebi standing trial before…
Money laundering case against Ikuforiji adjourned
Akin Kuponiyi A Federal High Court sitting in Lagos, southwest Nigeria, has adjourned till 11 July to decide whether the…
Money Laundering: Court Adjourns Ikuforiji’s Trial
A Federal High Court in Lagos on Wednesday, adjourned till Thursday, the trial of Speaker Adeyemi Ikuforiji of the Lagos…
Pele’s son Edinho sentenced to 33 years in prison
A Brazilian court has sentenced football legend Pele’s son Edinho to 33 years in prison for laundering money for drug…
Business, Football, Sports, World News
Birmingham City FC owner appeals money laundering conviction
Birmingham City owner Carson Yeung has filed an appeal against a money-laundering conviction that saw him jailed for six years,…
Ex-Aviation Minister, Fani-Kayode Re-Arraigned
Akin Kuponiyi There is no respite yet for former Aviation Minister, Chief Femi Fani-Kayode as he was Thursday re-arraigned before…
Babalakin challenges court jurisdiction
Henry Ojelu & Oluchi Chiowa The embattled Chairman, Bi-Courtney Ltd., Dr.Wale Babalakin and his co-accused today challenged the jurisdiction of…
Business, Headlines, Metro, News
Ex-banker jailed in UK over James Ibori loot
A Ghanaian and former Goldman Sachs banker Elias Preko was sentenced to 4-1/2 years in prison by a London court…
Analysis: CBN battles money laundering
Nigeria’s central bank has announced new measures to tackle money laundering it says is weakening the naira currency and risks…
Money laundering: CBN sacks 20 BDCs
The Central Bank of Nigeria (CBN) has revoked the licence of 20 Bureau De Change (BDC) companies for foreign exchange…
UK court sees video of Ibori’s palatial home in Abuja
The confiscation hearing of the assets of former Nigerian governor, James Onanefe Ibori continued in London today, with the court…
Forex trafficking:Court Convicts Gov.Lamido’s son
Aminu Sule Lamido, the 34-year old son of Jigawa State governor, Alhaji Sule Lamido, was today convicted by Justice Fatu…
Court Frees Former Works Minister
A Federal High Court sitting in Abuja on Thursday discharged and acquitted former Nigerian Works Minister, Hassan Lawal and a…
NBA Declares Support For Lagos Speaker
Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, who is currently facing a 54-count charge of financial impropriety…
We’ll Expose Those Behind Ikuforiji’s Travails
As the Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, continues to slug it out with the Economic…
Lagos Speaker, Ikuforiji Re-Arraigned
Speaker, Lagos State House of Assembly, Adeyemi Ikuforiji, and his Personal Assistant, Oyebode Alade Atoyebi were Monday re-arrianged on a…
Money Laundering: Ikuforiji, Aide Face 56 Fresh Charges
Nigeria’s anti-graft agency, Economic and Financial Crimes Commission, EFCC, has filed 56-count amended charge of money laundering against the Speaker…
US seizes Alamieyeseigha’s $700k home
The Maryland, United States home of former Bayelsa state governor, Diepreye Alamieyeseigha has been forfeited to the US government following…
Portillo, Guatemala’s ex-leader extradited to US
Guatemala extradited ex-president Alfonso Portillo to the United States on Friday to face charges of laundering $70 million, sending him…
Ruing Corruption
Nigeria which should have been the pride of the black race has now become a pariah nation due to endemic…
Money Laundering: Ikuforiji’s Case Adjourned Indefinitely
There is no respite yet for the Speaker of the Lagos House of Assembly, Mr. Adeyemi Ikuforiji and his Personal…
Money Laundering: EFCC Raids Dubai estate firm
The Special Control Unit Against Money Laundering, SCUML of Nigeria’s Economic and Financial Crimes Commission on Tuesday arrested officials of…
Money Laundering Trial: Nnamani Seeks Release Of Passport
The former governor of Enugu State, southeast Nigeria, Dr. Chimaroke Nnamani, standing trial before the Federal High Court in Lagos,…
Alams Has Case To Answer In UK —Envoy
The British High Commissioner to Nigeria, Andrew Pocock has said that former Bayelsa State governor, Diepreye Alamieyeseigha, who was recently…
Fraud: Lagos PDP Leaders Sent To Kirikiri
Two leaders of Peoples Democratic Party, PDP, in Agege Local Government, Sule Are, 40, and Ayankunle Agbolagade, 45, are now…