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…