Tag Archives: 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 ...

Justice Okon Abang of the Federal High Court in Abuja has convicted a company, Iyalikam Nigeria limited, connected to the late Chief of Defense Staff, Alex Badeh of corruption and money laundering charges. Justice Abang in a Judgment delivered in the suit filed against late Badeh and his company, by the Economic and Financial Crimes Commission (EFCC) upon conviction, ordered ...