EFCC Admits SCUML Certificate Not Clearance To Operate In Nigeria
The Economic and Financial Crimes Commission (EFCC) has clarified that having a Special Control Unit against Money Laundering (SCUML) certificate does not necessarily imply clearance to lawfully operate in Nigeria or regulatory approval for online businesses. This statement comes amid the collapse of the CBEX cryptocurrency investment scheme, which was reportedly operating under the corporate […]
EFCC declares Godwin Emefiele’s wife wanted over alleged money laundering
The Economic and Financial Crimes Commission (EFCC) has declared Mrs Margaret Emefiele, wife of the former governor of the CBN, Mr Godwin Emefiele wanted for alleged money laundering. EFCC’s spokesman, Mr Dele Oyewale, stated in Abuja that three other persons: Mr Eric Odoh, Mrs Anita Omoile, and Mr Jonathan Omoile, had been declared wanted alongside […]
EFCC Uncovers Religious Sect Laundering Money For Terrorists
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that the anti-graft agency uncovered how a religious sect in Nigeria is “laundering money for terrorists.” This was as he also revealed that another religious body was found to be protecting a money launderer after some money suspected to have been […]