UBA, three other banks pay N1.38bn fine for money laundering

UBA, three other banks pay N1.38bn fine for money laundering

The United Bank for Africa (UBA) Plc and three other banks have paid a fine to the tune of N1.38 billion. ICIR reports that the fine was for breaching the anti-money laundering requirements and other offences during the 2022 financial year.Information Guide Nigeria This information was disclosed in the banks’ audited financial statements for the … Read more