Sentences with phrase «of money laundering offences»

The code regulates the wide - ranging powers available to investigators of money laundering offences under Pt 8.

Justice Dimgba gave the order shortly after the Economic and Financial Crimes Commission re-arraigned Turaki and three companies on 32 counts of money laundering offences involving about N37bn.

Former Burges Salmon partner Roger Hawes has been found not guilty of a money laundering offence, following a trial at Southwark Crown Court relating to his alleged role in a # 245m fraud at HBOS in Reading.

Not exact matches

The offence is punishable under Section 15, Subsection 3 of the Money Laundering (Prohibition) Act as amended in 2012.

One of the counts reads: «That you, Mrs. Diezani Allison Madueke (still at large) and Tijani Inda Bashir on or about the 27th day of March, 2015 in Nigeria within the jurisdiction of this Honourable Court directly took possession of the sum of N264, 880,000.00 (Two Hundred and Sixty - four Million, Eight Hundred and Eighty Thousand Naira) which sum you reasonably ought to have known forms part of the proceeds of an offence contrary to Section 15 (2)(d) of the Money Laundering (Prohibition)(Amendment) Act, 2012 and punishable under Section 15 (3) of the same Act.»

The witness told Justice Adeniyi Ademola that some money was found in Dasuki's house but that he would not know whether the defendant committed money laundering offence or not because he does not know the definition of money laundering under the law.

A Federal High Court in Abuja has remanded the former Governor of Jigawa State, Saminu Turaki, in Kuje Prison, Abuja, over money laundering offences involving about N37bn.

The EFCC said they ought to have known these were proceeds of corruption and in the process committing offences bordering on money laundering, and stealing.

The offences were said to be contrary to and punishable under various provisions of the Money Laundering (Prohibition) Act, 2011, and the Advance Fee Fraud and Other Related Offenoffences were said to be contrary to and punishable under various provisions of the Money Laundering (Prohibition) Act, 2011, and the Advance Fee Fraud and Other Related OffencesOffences Act.

The offence, the EFCC said was punishable under Section 15 (3) of the Money Laundering (Prohibition) Act 2011.

The offences, according to the EFCC, contravene the provisions of Section 15, 15 (3), 16, 16 (2) 18 (a) and 18 (d) of the Money Laundering (Prohibitions)(Amendment) Act, 2012.

The offence is said to be contrary to the provisions of Section 18 (a) of Money Laundering (Prohibition)(Amendment) Act, 2012.

The offences are contrary to Section 18, 16 (2) 16 (1) of the Money Laundering (Prohibition) Act 2011 as amended in 2012 and punishable under Section 15 (3) of the same Act.

Nana Poku — he was convicted in Germany for the drugs - related offence of money - laundering.

The said offence which contravenes Section 15 (2)(d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.

«That you, Olisa Metuh and Destra Investments Limited on or about the 24th November, 2014 in Abuja, did retain the sum of N400m on behalf of the Peoples Democratic Party of its campaign activities by concealing the said sum in your account with Diamond Bank Plc, when you reasonably ought to have known that such fund formed part of the proceeds of an unlawful activity of Col. Sambo Dasuki (Rtd), the then National Security Adviser, (to wit: criminal breach of trust and corruption), and you thereby committed an offence contrary to Section 17 (a) of the Money Laundering (Prohibition) Act, 2011 as amended in 2012 and punishable under Section 17 (b) of the same Act.

Account No. 0040437573 from the account of the Office of the National Security Adviser with the Central Bank of Nigeria without contract award, when you reasonably ought to have known that the said fund formed part of the proceeds of an unlawful activity of Col. Mohammed Sambo Dasuki (Rtd) the then NSA (To wit: criminal breach of trust and corruption) and thereby committed an offence contrary to section 15 (2)(d) of the Money Laundering (Prohibition) Act, 2011, as amended in 2012 and punishable under section 15 (3) of the same Act.

«That you, Olisa Metuh and Destra Investment Limited on or about the 24th November, 2014 in Abuja converted the sum of N400m paid into the account of Destra Investment Limited with Diamond Bank Plc, Account No: 0040437573 from the account of the office of the National Security Adviser with the Central Bank of Nigeria without contract award when you reasonably ought to have known that the said fund formed part of the proceeds of an unlawful activity of Col. Mohammed Sambo Dasuki (Rtd) the then National Security Adviser (To Wit: criminal breach of trust and corruption) and thereby committed an offence contrary to Section 15 (2), (d) of the Money Laundering (Prohibition) Act, 2011 as amended in 2012 and punishable under Section 15 (3) of the same Act.

«That you, Olisa Metuh and Destra Investments Limited on or about the 2nd Dec. 2014 in Abuja, did make a cash payment through your agent one Nneka Nicole Ararume to one Sie Iyenome of Capital Field Investment, to the tune of $ 1,000,000.00 USD (One Million United States Dollars) only and thereby committed an offence contrary to Section 1 of the Money Laundering (Prohibition) Act, 2011 as amended in 2012 and punishable under Section 16 (2)(b) of the same Act.

The party's biggest donor was set to face 18 money laundering offences along with charges of theft and perverting the course of justice.

The offence contravenes Section 15 (2)(d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.

The EFCC prosecutor, Mr. Rotimi Oyedepo, told the court that the said conspiracy and indirect retention of the N1.5 bn constituted an offence under Section 18 (a) of the Money Laundering (Prohibition)(Amendment) Act, 2012, punishable under Section 15 (3)(4) of the same Act.

The Chief Judge, CJ of the Federal High Court, Justice Ibrahim Auta had re-assigned the case to Justice Quadri, shortly after Justice Ademola's trial along with his wife and Joe Agi, SAN, commenced at a Federal Capital Territory High Court, for offences bordering on money laundering charges.

Disclosing what CACOL had done in the past on Obasanjo and his suspected corruption cases, Adeniran said, «our coalition submitted a petition against former President, General Olusegun Obasanjo (Rtd) to the EFCC on November 14th, 2007 at the Lagos Zonal Office on offences bordering on alleged conspiracy, fraudulent conversion of funds and abuse of office, foreign exchange malpractice and money laundering.»

One of the counts reads: «That you Air Chief Marshal Alex S Badeh (whilst being the Chief of Air Staff, Nigerian Air Force) and IYALIKAM NIGERIA LIMITED between 28th March and 5th December, 2013 in Abuja within the jurisdiction of this Court, did use an aggregate sum of N878, 362,732.94 (Eight Hundred and Seventy - Eight Million, Three Hundred and Sixty Two Thousand, Seven Hundred and Thirty - Two Naira, Ninety - Four kobo) removed from the accounts of the Nigerian Air Force and paid into the account of Rytebuilders Technologies Limited with Zenith Bank Plc for the construction of a shopping mall situate at Plot 1386, Oda Crescent Cadastral Zone A07, Wuse II, Abuja for yourself, when you reasonably ought to have known that the said funds formed part of the proceed of unlawful activity (to wit: criminal breach of trust and corruption) of Air Chief Marshal Alex S Badeh and you thereby committed an offence contrary to Section 15 (2)(d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act»

The legal luminary submitted that the alleged offences were bailable and drew the attention of the court to the fact that his client had earlier been arrested, detained and investigated by the EFCC in connection with the account of his tenure as minister of the FCT, in respect of unsubstantiated allegations of conspiracy, abuse of office and money laundering, and had been in its custody between October 24, 2016 and December 9, 2016.

The offences, according to the EFCC, contravene Sections 18 (a) of the Money Laundering (Prohibition)(Amendment) Act, 2012.

in order to prevent fraud, cheating and money laundering we may disclose User Information and betting and gaming history to third parties including, but not limited to, any relevant regulator, gaming and sporting bodies, financial institutions and law enforcement agencies or any other body that deals with the investigation of alleged offences.

On 1 October 2014, the Sentencing Council's Definitive Guideline for Fraud, Bribery and Money Laundering Offences (the Guideline) came into force, providing for the first time a framework for the sentencing of corporate offenders in the UK.

The Guideline, which was created as part of a package to support the introduction in the UK of Deferred Prosecution Agreements (DPAs), contains a 10 - step process to be followed by the criminal courts when sentencing corporations for fraud, bribery and money laundering offences.

The UK Sentencing Council's Fraud, Bribery and Money Laundering Offences: Definitive Guideline (UK Guidelines) makes clear that early admissions by a company or voluntary self - reporting will reduce the seriousness of the offence or otherwise reflect mitigation, reducing the sentence imposed.

Early involvement of legal advisors is essential in order to ensure not only the best possible outcome, but to ensure that material provided during such investigations does not prejudice clients and lead to prosecutions for related offences such as money laundering.

Rachel's experience in general crime matters spans a wide variety of offences including assaults, sexual offences, drugs, theft, money laundering, and firearms offences.

«And although money laundering comes second to fraud in the CPS figures, it is the tool every member of organised crime needs to profit from their offences and should be pursued with far greater vigour.»

Needless to say, as a man with pre-school young children and another 40 -50 years of life ahead of him, he pleaded guilty to the totally unrelated offence of money laundering.

Mr. Rice has defended clients charged in a broad range of cases including conspiracy, drug trafficking, fraud, money laundering, criminal organization offences, homicide and regulatory offences.

She has appeared on behalf of clients charged with a full spectrum of offences, including murder and other serious violent offences, fraud and money laundering matters, drug and sexual offences.

Prime Minister David Cameron announced proposals to extend the corporate offence of «failing to prevent» to fraud and money laundering, last week at the Anti-corruption Summit 2016.

The first defendant commissioner was investigating suspected conspiracy to defraud, false accounting and money laundering offences in the transfer activity of professional football players at the club managed by the first claimant and other clubs.

Our expertise includes cases dealing with investment fraud, Insider trading, Money Laundering, Pension fraud, Mortgage fraud, Bribery, commodities and currency frauds, Tax and VAT fraud, Duty fraud, False accounting, Fraudulent trading, Advance fee fraud, Corruption, Insolvency, Cartels, Missing Trader Intra-Community («MTIC») and carousel fraud, Boiler room fraud, Credit card fraud, Financial Regulatory Offences, Confiscation Orders, forfeiture and seizure of assets under the Proceeds of Crime Act or Drug Trafficking Act, police raids, Corporate Manslaughter, Disciplinary Tribunals, confiscation and forfeiture and Financial Regulatory Offences.

On this page you will find details of the offences and enforcement powers contained in the Proceeds of Crime Act 2002 (POCA) relating to money laundering.

Tuckers Solicitors specialist lawyers have vast experience and knowledge in the investigation and defence of money laundering or related offences arising under the Proceeds of Crime Act 2002, Money Laundering Regulations 2003 and the Fraudmoney laundering or related offences arising under the Proceeds of Crime Act 2002, Money Laundering Regulations 2003 and the laundering or related offences arising under the Proceeds of Crime Act 2002, Money Laundering Regulations 2003 and the FraudMoney Laundering Regulations 2003 and the Laundering Regulations 2003 and the Fraud Act.

There are far more serious criminal offences of money laundering under the Proceeds of Crime Act 2002, which criminalise all dealings with the proceeds of tax evasion.

The effects of POCA is to criminalise three principal money laundering offences.

POCA criminalises all forms of money laundering, and also creates offences concerning failure to report suspicion of money laundering.

He also has developed a particular knowledge of organised crime, drug trafficking and money laundering offences and has represented clients in relation to civil fraud claims in the High Court Chancery Division.

We combine our knowledge of this niche area of law with an understanding of the corporate context that allows us to represent clients effectively in a range of criminal matters including fraud, insider dealing and market offences, Bribery and Corruption and Money Laundering.

Although there is a very spirited debate in Canadian society about the decriminalization or even legalization of marijuana, police and the federal prosecution service continue to crack down on all manner of drug offences, including simple possession, possession for the purposes of trafficking, trafficking, production, importation and related money offences like laundering and proceeds of crime.

In addition, that the definition of «financial crime» in PIPEDA include: fraud; criminal activity and any predicate offence related to money laundering and terrorist financing; all criminal offences committed against financial service providers, their customers or their employees; the contravention of laws of foreign jurisdictions, including those relating to money laundering and terrorist financing.

The Attorney General also restated the intention to consult on extending the criminal offence of «failure to prevent» to other economic crimes such as fraud and money laundering so that firms are properly held to account for criminal activity that takes place within them.