Tag
MONEY LAUNDERING
The Federal High Court Abuja held on Friday that no application will be entertained from former Governor of Kogi State, Yahaya Bello until he comes to court and takes his plea regarding money laundering charges.
Canada’s anti-money laundering agency announced that it had imposed a fine of nearly C$6 million ($4.38 million) on cryptocurrency exchange Binance for violating money laundering and terrorist financing laws.
In ICPC's charge sheet marked FHC/ABJ/CR/150/2021 and seen by Nairametrics on Monday, they were accused of knowingly holding on to illicit funds.
The Economic and Financial Crimes Commission (EFCC) has released a public notice requesting information regarding the location of former Kogi State Governor Yahaya Bello.
Binance stated it restricted 281 accounts belonging to Nigerian residents due to money laundering concerns in 2022 and extensively collaborated with the FG to protect users from illicit activity.
A report by blockchain research platform, Chainalysis, has revealed that a total of $22.2 billion was laundered globally through different cryptocurrency exchanges in 2023.
The Co-founder of A&D Forensics, Adedeji Owonibi, has said that the Nigerian government would need to regulate cryptocurrency activities to curb financial crimes, especially money laundering.
Nigerian businessman mentioned in a money laundering report by Kenyan media has dismissed the allegations.
Three Nigerians along with an unnamed Kenyan politician triggered an Interpol investigation over large sums of dollars transferred via Kenyan banks.
James Nolan, a British national, was re-arraigned at the Abuja division of the Federal High Court on Monday...
In recent weeks, the U.S. Department of Justice has announced that it is forming an enforcement team that...
China's Ministry of Public Security said in a statement that police busted more than 170 criminal groups that used cryptocurrencies to launder money.