Dr Olugbumi Usim - Wilson has filed an application to withdraw as a surety to Olisa Metuh, a former Peoples Democratic Party spokesman, standing on trial
for alleged money laundering.
The 32 - year - old who is very popular on various social media platforms because of his display of flashy and expensive cars was reported by bloggers and social media commentators to have been arrested
for alleged money laundering.
This is coming on the heels of the seven - count charge slammed on the PDP spokesperson
for alleged money laundering and corruption which were filed against him by the Economic and Financial Crimes Commission, EFCC.
The EFCC had last week Tuesday allegedly frozen Fayose's account numbers 1003126654 and 9013074033 in Zenith bank
for alleged money laundering running into N1.2 billion being money allegedly taken from the $ 2.1 billion arms fund in the office of the former National Security Adviser, Col. Bello Dasuki.
Earlier this week, a regulator ordered CBA to keep an extra A$ 1 billion ($ 750 million) in cash reserves as punishment
for the alleged money laundering breaches, which it is contesting.
Not exact matches
A lawsuit brought against Sater and others in 2015, which is ongoing,
alleges that «
for most of its existence it [Bayrock] was substantially and covertly mob - owned and operated,» engaging «in a pattern of continuous, related crimes, including mail, wire, and bank fraud; tax evasion;
money laundering; conspiracy; bribery; extortion; and embezzlement.»
First the country became a tax haven and
alleged money -
laundering hub
for Russian criminals.
It's been a rough couple of days
for President Donald Trump's former campaign manager Paul Manafort, the subject of a federal indictment
alleging tax fraud and
money laundering.
Tove Ryding, a tax coordinator
for Eurodad, told CNBC she wasn't surprised by Germany's ranking and
money laundering risk, given the number of recent scandals involving German banks including Deutsche Bank, which was fined by South African anti-
money laundering regulators in February, and saw investigations launched over
alleged money laundering for Russian clients in June.
A local priest was also placed under house arrest and a notary public was suspended
for alleged involvement in the
money -
laundering plot.
FG specifically
alleged that he acted in breach of extant provisions of the
Money Laundering Act, the EFCC Act and the Public Procurement Act, for receiving huge sums of money from the office of the NSA, for unsubstantiated pur
Money Laundering Act, the EFCC Act and the Public Procurement Act,
for receiving huge sums of
money from the office of the NSA, for unsubstantiated pur
money from the office of the NSA,
for unsubstantiated purpose.
On Tuesday, a federal high court in Lagos had remanded him in prison alongside former Minister
for Finance, Nenandi Usman, Mr. Danjuma Yusuf and a company, Joint Trust Nigeria Limited, on
alleged money laundering to the tune of N4.9 billion.
David Mills was investigated in Italy
for money laundering and
alleged tax fraud.
Oluwawole
alleged that the Nobel Laureate was brought to Ekiti Sate
for the commissioning of the new government house in a chartered helicopter paid
for from the coffers of the state, while an undisclosed amount of
money was also packaged
for his stomach, «hence his result to unmerited image
laundering for the reckless outgoing governor.»
However, the EFCC is in moves to arraign Dudafa and his
alleged accomplices
for money laundering before a Federal High Court in Lagos.
Ohakim who was arraigned on Wednesday, July 8, 2015 on a three - count charge bordering on
money laundering is
alleged to have made a cash payment of $ 2, 290,000.00 (Two Million, Two Hundred and Ninety Thousand Dollars),
for a piece of land at Plot No. 1098 Cadastral Zone A04, Asokoro District, otherwise known as No. 60, Kwame Nkurumah Street, Asokoro, Abuja.
Speaking in Twi, Hopeson Adorye stringently
alleged that «Allotey Jacobs was arrested at the Heathrow Airport, together with his wife,
for money laundering and a bit of cocaine issue that has not been confirmed.
The Economic and Financial Crimes Commission, EFCC, yesterday set Thursday January 14,
for the arraignment Government Ekpemupolo (aka Tompolo), and Patrick Akpobolokemi, former director general of Nigeria Maritime Administration and Safety Agency, NIMASA before a Federal High Court, Lagos on a 40 count charge of
alleged money laundering, conspiracy, stealing and diversion of funds.
The anti-graft agency is prosecuting him in court
for alleged corruption and
money laundering offences committed while in the saddle as governor.
Metuh who is facing trial
for alleged criminal breach of trust and
money laundering at the federal high court, Abuja, his family said had made advances to return the
money but was rejected by the government.
The judge confirmed this on Tuesday during the resumed trial of Metuh and his company, Destra Investments Limited, on seven counts of
money laundering involving
alleged cash transaction of $ 2m and fraudulent receipt of N400m meant
for procurement of arms from the Office of the National Security Adviser.
In any scenario, the majority would prefer to avoid a 4 - 3 vote if one of those four votes belongs to Ref Rodriguez, who faces criminal charges
for alleged political
money laundering.
Defending a client charged with
Money Laundering alleged drugs money following his conviction for Possession with Intent to Supply Class A. Acquitted after t
Money Laundering alleged drugs
money following his conviction for Possession with Intent to Supply Class A. Acquitted after t
money following his conviction
for Possession with Intent to Supply Class A. Acquitted after trial.
The test
for unlawful conduct under the Proceeds of Crime Act 2002 (PCA 2002), Pt 5, is whether it is more probable than not that a person
alleged to have committed fraud or
money laundering has obtained the property in issue through the unlawful conduct
alleged; it is not sufficient solely to establish a lifestyle inconsistent with any identified lawful income.
The practice's recent representations include: (i) CONMEBOL in connection with U.S. criminal investigations and prosecutions into allegations of bribery and corruption in the international soccer world; (ii) the Special Committee of Banco BTG Pactual S.A. («BTG Pactual») in an internal investigation of
alleged corruption involving its former CEO and other bank executives, in which we found no basis to support the allegations against the Bank and its employees; (iii) two of the largest construction companies in Brazil in potential civil and criminal investigations and litigation involving the Petrobras bribery scandal (Lava Jato), the largest corruption scandal in Latin American history, involving allegations of over $ 2.5 billion in bribes and kickbacks; (iv) the Government of Brazil in a corruption matter involving former senior government officials and multiple jurisdictions; (v) the General Manager of one of the largest energy companies in Central America in connection with allegations of bribery in Guatemala; (vi) a Mexican high - ranking executive
for Wal - Mart Stores, Inc. in connection with DOJ and SEC FCPA investigations against Wal - Mart; (vii) a large Argentinean oil company and its owner, one of Argentina's wealthiest individuals, in connection with high - profile DOJ and SEC investigations involving
alleged FCPA violations to secure an extension of oil rights in an Argentinean oilfield; (viii) the United State's largest chemical and industrial products companies in an internal investigation of
alleged corruption involving its Mexican subsidiary; (ix) the Rosenthal family, one of the most prominent families in Central America, in a number of related criminal matters; and (x) a senior executive of one of Venezuela's largest engineering companies in DOJ investigations into corruption and
money laundering involving PdVSA.
Advising and acting
for solicitors in court proceedings (alongside SRA referral) arising out of
alleged breaches by the solicitor of the
Money Laundering under the Proceeds of Crime Act 2002 and the
Money Laundering Regulations 2007.