Tag Archives: anti-money laundering

Paul Ogwuma, former governor of the Central Bank of Nigeria (CBN) and his wife have acquired property worth £33 million (N15.6 billion), a UK investigative journalism magazine has revealed. According to the magazine, Private Eye, Ogwuma, who served as CBN governor for six years has “amassed a £33m British property empire”. In its report titled “Abuja on Thames” the paper ...

“A new African Arguments investigation has found that politically-exposed African nationals hold Canadian real estate worth several millions of dollars. The study, conducted in partnership with the Journal de Montréal and Le Monde Afrique, reveals over a dozen individuals who have invested nearly $26 million in Canadian real estate, often without a mortgage. The source of the funds used to ...