The Minister of State for Labour and Employment, Festus Keyamo (SAN), has issued a 72-hour ultimatum to the Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices and other Related Offences Commission (ICPC) and Code of Conduct Bureau (CCB) to…
New Zealand strengthens efforts to check money laundering, terrorism financing
The New Zealand government is strengthening its efforts to clamp down on money laundering and terrorism financing, making it easier for small businesses and consumers to comply. “Our country is a safe place to do business, but we want to…
NDLEA declares suspected Lagos drug baron wanted
The National Drug Law Enforcement Agency (NDLEA) has declared a Lagos socialite and owner of Adekaz Hotels, Alhaji Ademola Afolabi Kazeem (a.k.a Alhaji Abdallah Kazeem Muhammed) wanted over offences bordering on exportation and trafficking of illicit drugs as well as…
Moscow initiates search for son of top official arrested in Italy
Russian authorities have put the son of a senior official on a wanted list for alleged money laundering, the Interfax news agency reported on Friday, citing Russia’s Interior Ministry. The man in question is Artyom Uss, whose father Alexander Uss…
US Court postpones Hushpuppi sentencing for 4th time
For the fourth time this year, the United States Attorney’s Office for Central District of California, Los Angeles, has postponed the sentencing date for alleged international internet fraudster Ramon Abbas, aka, Hushpuppi. An official of the court’s Media Relations Unit,…
Court jails Senator Nwaoboshi for seven years over money laundering
The Lagos Division of the Court of Appeal today July 1, 2022, convicted and sentenced Senator Peter Nwaoboshi, senator representing Delta North Senatorial District at the National Assembly, to seven years imprisonment. The court ordered that his two companies, Golden…
Buhari tightens tax, money laundering with executive order
The Muhammadu Buhari administration is stepping up the regulations on money laundering and tax evasion by releasing a new Executive Order number eight, tagged Voluntary Offshore Assets Regularisation Scheme (VOARS). “The new Executive Order (008) takes effect from Monday, October…
