As reported by the Punch, the Economic and Financial Crimes Commission has declared Margaret Emefiele, wife of a former Governor of the Central Bank of Nigeria, Godwin Emefiele, and three others, wanted for money laundering. Mrs Emefiele, Mr Eric Odoh, Anita Omoile and her husband, Jonathan Omoile, were declared wanted Friday night for allegedly conspiring … Read more
The Central Bank of Nigeria (CBN) has directed financial institutions to request their customers’ social media handles, as well as other personal information in a bid to combat money laundering and other various offences. Ripples Nigeria reports. The CBN, in a recent memo to the banks, said the directive on strengthening customer due diligence is … Read more
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
The Reserve Bank of Zimbabwe (RBZ)’s Financial Intelligence Unit (FIU) has frozen the assets of four persons in the country.Information Guide Nigeria According to PEOPLES GAZETTE, the frozen accounts are suspected to be part of an alleged gold-smuggling and money-laundering syndicate. Other Top Stories: FG trains youths in software, script writing Man remanded in Abuja … Read more
Kogi State Governor, Yahaya Bello, his nephew, Ali Bello and his wife Rashida Bello are to resume trial today February 13, 2023, before Justice Obiora Egwuatu of the Federal High Court, Abuja. NEWSDAIRY reports that Ali Bello was among four defendants remanded on 18-count charge bordering on criminal misappropriation and money laundering to the tune … Read more
Doyin Okupe, Director-General of Peter Obi’s Presidential Campaign Council, has reacted to his conviction for money laundering by an Abuja High Court.Information Guide Nigeria According to the DAILY POST, Okupe was found guilty on 26 of the 59 counts brought against him by the Economic and Financial Crimes Commission (EFCC). Justice Ijeoma Ojukwu ruled that … Read more