Saturday, 23rd September 2023

money laundering

18 Jun 2018
Months after the Nigerian government reached an accord with the United Arab Emirates (UAE), on looted funds, a new report released last week alleged that war profiteers, terror financiers and drug traffickers sanctioned by the U.S. in recent years have used Dubai’s real-estate market as a haven for their assets.   Last year, the Nigerian…
4 Dec 2017
A Federal High Court in Lagos on Monday issued a bench warrant for the arrest and production in court of a former Governor of Enugu State, Chimaroke Nnamani, over alleged laundering of N4.5 billion. The court issued the order following the absence of the accused, to stand trial. The Economic and Financial Crimes Commission (EFCC)…
20 May 2017
The Judge ordered that the funds should be forfeited to the Federal Government, as no one came forward to claim it.
23 Apr 2017
The figures are mind-bugling! Fifty million US dollars. Thousands of British pounds. Billions of Nigerian naira. And Euros in their millions are here reposing in unhealthy closeness to one another.
13 Apr 2017
In a ruling on Thursday, the court, presided over by Justice Muslim Hassan, ordered that the funds be temporarily forfeited to the Federal Government of Nigeria.
5 Feb 2017
Former governor of Delta State, James Ibori, yesterday arrived the country aboard the British Airways, after serving his jail terms in the United Kingdom over charges bordering on corruption and money laundering.
5 Feb 2017
Former governor of Delta State, Chief James Onanefe Ibori returned yesterday to Nigeria, after serving a jail term in the United Kingdom for the crime of corruption and money laundering.
15 Apr 2015
Switzerland is returning to Brazil $19.4 million seized after a probe into money laundering, the attorney-general's office said Wednesday.


36 mins ago
On Wednesday night, security operatives in Ogun State announced that six suspected cultists, allegedly involved in the deadly cult clashes that erupted in Sagamu at the weekend, have been tracked to and arrested at the official residence of a member of the state House of Assembly.
37 mins ago
The Senator representing Abia North Senatorial District, Dr. Orji Uzor Kalu, has denied the allegation of disenfranchising the people of Abiriba in Ohafia Local Council of Abia State in the February 25 National Assembly election.
39 mins ago
Troops on the frontline have eliminated 52 terrorists and rescued 61 kidnapped victims. The troops also arrested 53 criminals, and seven suspected oil thieves, amongst others.
42 mins ago
At the age of 80, Princess Oluwafemi Omololu-Thomas’ radiance belies her age. She is articulate, looking agile and in a good state of health. While marking her birthday at the All Saints Church, Jericho, Ibadan, Oyo State, on Saturday....
43 mins ago
The Federal government has restated its commitment to fully implement the Nigerian National Quality Policy (NNQP) recently set up to create awareness in ensuring seamless improvement in the nation’s export products.