…Crimes Commission (EFCC) on July 9 after he was arraigned on allegations bordering on money laundering.The EFCC, through its counsel, Wahab Shittu (SAN), filed the charge dated June 24 and submitted on June 25, naming Bodejo as the sole defendant. When the charges were read to him at his arraignment, Bodejo pleaded not…

…of Luton, also north of London. The Tate brothers are also accused of tax evasion and money laundering in the UK. Their attorney, Joseph McBride, said in a press release that the brothers “are innocent.” “We are confident that once a competent judge sees the facts, and once the Department of Justice confronts this egre…

…each received six years’ imprisonment for conspiracy to commit fraud and five years for money laundering, with both sentences to run concurrently. Bashir was sentenced to three years and nine months for conspiracy to commit fraud and three years for money laundering, also to run concurrently. The Met said officers exec…

…some areas and leaving gaps in others, the country has been exposed to risks including money laundering, terrorism financing, cybersecurity and data privacy threats, fraud, and revenue losses. “Too often, unregistered and fraudulent operators have exploited these gaps to prey on unsuspecting Nigerians, costing families…

…in the establishment of a clandestine laboratory, production of methamphetamine and drug money laundering. In a statement released this morning July 17, the spokesperson of the agency, Femi Babafemi, said the suspects were declared wanted based on the order of Justice Iniekenimi Nicholas Oweibo of the Federal High Cour…

…the Federation and Minister of Justice, Abubakar Malami (SAN), who is facing charges of money laundering. Vanguard News The post Nigerian newspapers review: Gunmen raid Kogi school, abduct principal, NECO official, students appeared first on Vanguard News.

…regulatory restrictions. Speaking at the 3rd Africa High-Level Civil Society Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) Conference in Abuja, EFCC Chairman, Mr Olanipekun Olukoyede, said effective implementation of the Financial Action Task Force (FATF) Recommendation 8 requires targeted, risk-based…

…call was made on Wednesday in Abuja during the 3rd Africa High-Level Civil Society Anti-Money Laundering and Counter Financing of Terrorism Conference, themed “Implementing FATF Recommendation 8 Correctly: Practices, Lessons Learned and Opportunities for Reform.” The conference brought together anti-money laundering ex…

Alleged Money Laundering: See the list of 48 properties belonging to former AGF Malami that the court has ordered confiscated The Federal High Court in Abuja on Wednesday, July 15, ordered the final forfeiture of 48 properties linked to the immediate past Attorney-General of the Federation and Minister of Justice, Mr.…

…High Court in Abuja on a six-count charge bordering on alleged certificate forgery, money laundering and obtaining salaries under false pretences. The anti-corruption agency accused the former minister of forging a degree certificate purportedly issued by the University of Nigeria, Nsukka (UNN), and a National Youth Se…

…faces up to 20 years in prison if found guilty of conspiracy to commit wire fraud and money laundering. Kumi's lawyer, Oliver Barker-Vormawor, told the BBC he went to court on Thursday to stop the extradition before learning a short while later that Kumi had in fact already been extradited on board a Delta Airlines fli…

Former Arsenal and France star, Samir Nasri arrested on suspicion of money laundering Former Arsenal and Manchester City star Samir Nasri has reportedly been arrested as part of a money laundering probe linked to the drug trafficking kingpin "Wild Boar". The ex-France international was caught up in a sprawling police i…

…and other organised crimes, including violent extremism, banditry, kidnapping and money laundering, saying such networks "prey upon the vulnerabilities within our communities." He stressed that substance use disorders were not merely criminal justice issues but complex health and social challenges requiring coordinated…

…fraud, conferring undue advantage, irregular award and execution of public contracts, money laundering and unlawful handling of public funds during his eight-year tenure as governor of Kaduna State. The ICPC alleges that the offences involved the diversion and mismanagement of public funds as well as violations of proc…

…Director of Port Harcourt Refining Company Ltd, Ahmed Dikko, on Wednesday, over separate money laundering charges bordering on hundreds of millions of naira and hundreds of thousands of dollars. Court documents show both matters are before Justice Inyang Ekwo of the Federal High Court, Abuja. Yisawu is facing eight cha…

…he said. As digital payments increasingly intersect with fraud investigations, anti-money laundering enforcement and financial intelligence, keeping sensitive transaction records within national jurisdiction becomes less about business efficiency and more about national security. He also believes industry concerns abou…

…that includes identity verification, sanctions screening, know-your-customer (KYC), anti-money laundering (AML) controls, and Travel Rule compliance-everything regulators and central banks require to operate securely. Africa and the broader Global South present a major opportunity because many financial systems are sti…

…strategy. Nigeria's removal from the European Union's list of high-risk countries for money laundering and terrorism financing reflects years of institutional reform, stronger regulatory frameworks, improved inter-agency coordination, and enhanced international cooperation. Financial intelligence, sanctions implementat…

The anti-graft agency is preparing to prosecute some former and serving officials of the NNPC and contractors over alleged abuse of office, money laundering and contract fraud.

…should know The latest action reinforces the CBN's continued focus on strengthening anti-money laundering and counter-terrorism financing controls across the financial system. It also comes amid the apex bank's longstanding restrictions on BDC operators' access to the official foreign exchange market, reflecting concer…

…charge bordering on alleged obtaining by false pretence, conversion of funds and money laundering involving N740 million. The first prosecution witness, Chinyere Okoroafor, a civil servant, told the court that she became involved in the investment after being introduced to the business by Alice Ayeni Alade, whom she id…

…transparency has become a global regulatory priority as authorities seek to combat money laundering, sanctions evasion, illicit financial flows, and tax avoidance schemes. The CBN's move aligns with that broader trend. The immediate implication for fintech companies is that ownership mapping exercises may become far mo…

…globally have adopted strict standards regarding source-of-funds verification and anti-money laundering (AML) compliance. "Whatever information you provide must be backed by documentary evidence. Every claim made during the application process must be substantiated," she said. Using real estate wealth as an example, sh…

…of organised fraud, organised sports corruption, handling of proceeds of crime and money laundering".The player was released after being interviewed in police custody and the investigations remain ongoing, officials added.Wahi's booking in the game was his fifth in the league so earned him a suspension for the first le…

…had been questioned over allegations of organised fraud, organised sports corruption, money laundering and handling the proceeds of crime, though no player was named. The investigations remain ongoing after the player was released following police questioning. France's Ligue de Football Professionnel (LFP) said it had…