Tag: Money laundering
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ROMANCE SCAM: American Celvin Freeman convicted of laundering millions of dollars from elderly victims with Ghanaian syndicate
They used false pretenses to cause the victims to wire money to bank accounts the victims believed were controlled by their romantic interests
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Wema Bank debunks N1.7 billion money laundering claim
Wema Bank Plc has debunked a money laundering and bribery allegation to the tune of N1.7 billion currently circulating in sections of the media.
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BREAKING: EFCC nabs Cubana chief priest over alleged money laundering, tax evasion
The Economic and Financial Crimes Commission, EFCC has nabbed popular Nigerian socialite Cubana Chief Priest on charges bordering on money laundering and tax fraud, officials familiar with the matter said. Pascal Okechukwu, his real name, was arrested at the Lagos airport on Thursday, but anti-graft officials hushed the development amidst pressure from his associates and…
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Court clears ex-NNPC GMD, Yakubu of money laundering charge
A Federal High Court, Abuja, on Thursday, discharged and acquitted Andrew Yakubu, former Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC) of money laundering charge. Justice Ahmed Mohammed, in a judgement, held that the Economic and Financial Crimes Commission (EFCC) failed to prove its case beyond reasonable doubt.
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Court clears ex-Minister Turaki of money laundering charge
A Federal High Court, Abuja, on Monday, discharged and acquitted former Minister of Special Duties and Inter-Governmental Affairs, Kabiru Turaki, of money laundering charge. Justice Inyang Ekwo, in a ruling on the no-case submission filed by the defence, said the the Economic and Financial Crimes Commission (EFCC) had failed to link Turaki and his co-defendants…
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Senate passes Money Laundering Act Amendment Bill
The Senate on Wednesday passed the Money Laundering Act, 2011, Amendment Bill. The passage of the bill tagged, “Money Laundering (Prevention and Prohibition) Act 2022”, followed the consideration of the report of the Senate Committee on Anti-Corruption and Financial Crimes at plenary.
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Alleged Money Laundering: Ex-Chief of Air Staff to know fate March 17
Justice Nnamdi Dimgba of the Federal High Court, Abuja on Wednesday, fixed March 17 for judgment in the remaining one count charge of money laundering levelled against former Chief of Air Staff, Mohammed Umar.
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Alleged Money Laundering: EFCC re-arraigns Fani-Kayode, Usman, others
Alleged Money Laundering: EFCC re-arraigns Fani-Kayode, Usman, others
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EFCC re-arrests Mompha for alleged money laundering
EFCC re-arrests Mompha for alleged money laundering