LAGOS APRIL 22ND (NEWSRANGERS)- Polaris Bank has reaffirmed its unwavering support for the National Drug Law Enforcement Agency (NDLEA) in the fight against drug abuse, trafficking, and money laundering in Nigeria and beyond. The pledge was made by the Bank’s Managing Director/CEO, Kayode Lawal, during a courtesy visit by a 15-member NDLEA management team to…
LAGOS APRIL 16TH (NEWSRANGERS)-Peru’s former First Lady Nadine Heredia requested asylum at the Brazilian Embassy in Lima on Tuesday, the same day she and her husband, former President Ollanta Humala, were sentenced to 15 years in prison on money laundering charges. The embassy informed Peru that Heredia had arrived Tuesday morning, according to a statement…
LAGOS MARCH 28TH (NEWSRANGERS)-The Economic and Financial Crimes Commission (EFCC) has declared Aisha Sulaiman Achimugu, an ally of Lagos State Governor Babajide Sanwo-Olu, wanted over allegations of money laundering and criminal conspiracy. Achimugu, who is accused of secretly funnelling funds to opposition leaders Peter Obi and Atiku Abubakar during the 2023 elections, was officially declared…
LAGOS OCTOBER 23RD (NEWSRNAGERS)-The hearing, coming two days before the 25 October earlier scheduled as the return date by the trial judge in the open court last Friday, appeared to have been intentionally held to avoid public attention as much as possible. The Nigerian government has dropped all charges against Tigran Gambaryan, an executive at…
LAGOS JULY 30TH (NEWSRANGERS)-The International Police Organisation (INTERPOL), has stated that hundreds of thousands of dollars are being flown out of Nigeria to other African countries and around the world on a hourly basis. This was stated by Garba Baba Umar, the INTERPOL Vice President for Africa, who spoke at the EFCC Academy, Abuja when…
LAGOS FEBRUARY 1ST (NEWSRANGERS)-The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has revealed that the anti-graft agency traced the sum of N7bn, suspected to be proceeds of money laundering, to a religious organisation. He said another religious group was found to be laundering money for terrorists. The EFCC chairman made the revelation…
LAGOS JANUARY 27TH (NEWSRANGERS)-A Federal High Court in Abuja has granted an application seeking leave to serve the court papers on the presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, over money laundering allegations. The court on Thursday granted the application directing the service of the papers through the Atiku Abubakar Campaign Organisation…
LAGOS DECEMBER 19TH (NEWSRANGERS)-The Federal High Court sitting in Abuja has convicted former Senior Special Assistant on Media to ex-President Goodluck Jonathan, Doyin Okupe, of breaching the Money Laundering Act. Justice Ijeoma Ojukwu presiding over the case on Monday found Okupe guilty of contravening sections 16(1)&(2) of the Money Laundering Act and accepting cash in…