Nigeria’s GT Bank fined in UK over money-laundering failures | Banks News
Financial watchdog says GT Bank, a repeat offender, has not disputed the findings and agreed to settle. Britain’s financial watchdog
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Money Laundering
Nigeria to limit cash withdrawals to $225 a week | Money Laundering News
Authorities have been trying to curb counterfeiting and discourage the payment of ransoms to kidnappers who demand cash. Nigeria’s central
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Nigeria launches new banknotes to help curb corruption | Business and Economy News
Regulators have said January 31 is the deadline for old notes to either be used or deposited at banks. Nigeria
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US announces sanctions against currency mixer Tornado Cash | Money Laundering News
The US accuses the virtual currency mixer of laundering hundreds of millions of dollars stolen by hackers backed by North
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South Africa applies for Guptas’ extradition over ‘state capture’ | Corruption News
The Gupta brothers fled to Dubai in 2018 as investigations intensified into their role in siphoning off state assets under
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SA’s Ramaphosa to face subpoena over Phala Phala farm scandal | Money Laundering News
In June, the watchdog opened a probe into breaches of executive code arising from $4m theft from the president’s farm.
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Slain Honduran activist’s daughter seeks criminal probe | Business and Economy News
A petition for a criminal probe against the Dutch state-run development bank FMO has been filed in the Netherlands for
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Opposition heckle S Africa’s Ramaphosa in parliament for 2nd day | Money Laundering News
Opposition legislators are demanding that Ramaphosa step down as president pending investigations into the Phala Phala scandal. South African President
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What is South Africa’s Phala Phala farm robbery scandal about? | Corruption News
President Ramaphosa is at the centre of an international scandal involving the theft of $4m from his game farm. On
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Lebanon central banker probed in money laundering investigation | Business and Economy News
The investigation revolves around money laundering and embezzling public funds in Lebanon between 2002 and 2021. By Karin Matussek and Dana
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