money laundering Archives - Pen Agency News

Mali Issues Arrest Warrant for Barrick Gold CEO for Theft

Mali Targets Barrick Gold Executives in Financial ScandalCEO and GM Accused of Violations Between 2019 and 2023 Mali’s Economic and Financial Pole has issued an arrest warrant for Barrick Gold CEO Dennis...

Yahaya Bello Faces N110bn Fraud Charges in Court

Yahaya Bello, former Kogi State Governor, appeared in the FCT High Court on Wednesday with co-defendants Shuabu Oricha and Abdulsalam Hudu. They are facing charges related to an alleged N110.4 billion fraud...

Binance Executive: EFCC Drops Money Laundering Charges

EFCC Withdraws Charges The Economic and Financial Crimes Commission (EFCC) has dropped all money laundering charges against Tigran Gambaryan, an executive of Binance Holdings Limited. This development came to light during a...

Binance Executive Denied Bail, Court Capable of Management

Bail Denied for Binance Executive Facing Money Laundering Charges Tigran Gambaryan, Binance’s head of financial compliance, has been denied bail for the second time by the Federal High Court in Abuja. Gambaryan,...

Private Aircrafts’ Illegal Activities Thriving, Keyamo Says

Minister’s Concerns Festus Keyamo, the Minister of Aviation and Aerospace Development, has voiced serious concerns about the misuse of private aircraft for illegal activities, including drug trafficking and money laundering. He highlighted...

Binance Executive’s Lawsuit Dismissed by Federal High Court

Nadeem Anjarwalla’s Legal Setback In a noteworthy decision, the Federal High Court in Abuja has rejected the Binance executive’s lawsuit against the National Security Adviser (NSA) and the Economic and Financial Crimes...

Government Denies Binance’s Bribery Allegations

The Federal Government rejected Binance’s accusation of officials demanding a $150 million bribe, labeling it as blackmail. Mohammed Idris, the Minister of Information and National Orientation, dismissed the claims as unfounded and...

Fintech Companies crypto-trading Caution

On Friday, several prominent Nigerian fintech companies, including Opay, Moniepoint, PalmPay, and Paga, issued strong warnings and caution against crypto-trading on their respective platforms. They made it clear that engaging in such...

CBN’s Ban on Online Banks Raises Concerns Among Customers

Some bank customers find themselves in a state of unease following the recent Central Bank of Nigeria (CBN’s) ban on online money operators, including fintech firms, from accepting new customers. This directive...

Cybercrime Training Center Proprietor Sentenced

The proprietor of the Uyo Cybercrime Training Centre, Ikemesit Edet, also known as Hustle Kingdom (HK), has been sentenced to 10 years imprisonment by the Uyo Zonal Command of the Economic and...

M	T	W	T	F	S	S
		1	2	3	4	5
6	7	8	9	10	11	12
13	14	15	16	17	18	19
20	21	22	23	24	25	26
27	28	29	30	31

Tag: money laundering