Introduction Amidst obvious indications of political interference and doubts by the citizenry about the motive behind certain arrests and investigations, Nigeria’s leading anti-graft Agency the Economic and Financial Crimes Commission (EFCC) has continued in its fight against money laundering and related offences. In doing this, one striking challenge the Commission has faced over the years … More An accused person is required to justify source of income in a money laundering trial according to Nigeria’s Supreme Court
On Monday July 4, 2016, the Central Bank of Nigeria (CBN) released a Press Statement on Skye Bank to inform the public of its decision to effect key changes on the board and management of Skye Bank Plc because the bank had fallen short of minimum thresholds in critical prudential and adequacy ratios. The statement further … More Regulatory intervention in Skye Bank Plc: outcome of failure in Corporate Governance
The Nigerian polity has witnessed a huge wave of media reports on the fight against corruption and terrorism recently. President Muhammadu Buhari made the fight against corruption a key thrust of his campaign and has continued to issue statements that portray him as one who desires to tackle the issue of corruption in the country. … More Nigerian Bar Association resolves to introduce Guidelines on Anti-Money Laundering & Anti-Terrorism Financing for Nigerian Lawyers and Law firms.