United States prosecutors in a court filing on Tuesday said the founder of Binance, the world’s largest cryptocurrency exchange, Changpeng Zhao, should serve 36 months in prison. According to Reuters, the development came after Zhao pleaded guilty to violating laws against money laundering. He is expected to be sentenced on April 30 in Seattle. Zhao […]
BREAKING: Money laundering: EFCC declares Kogi ex-gov, Yahaya Bello wanted
The Economic and Financial Crimes Commission, EFCC, has declared former governor of Kogi State, Yahaya Bello wanted. This followed the inability of the former governor to appear before Justice Emeka Nwite of the Federal High Court Abuja on Thursday for his arraignment over alleged N84bn money laundering. In a post on its official Facebook page […]
EFCC set to arraign ex-Governor Bello for N80 billion money laundering
EFCC says the scheduled arraignment of former Governor Yahaya Bello “is coming on the heels of a warrant of arrest and enrolment order granted the EFCC by the court on Wednesday, 17 April 2024.” The post EFCC set to arraign ex-Governor Bello for N80 billion money laundering appeared first on Premium Times Nigeria. Powered by […]
EFCC barricades ex-Governor Yahaya Bello’s Abuja home
Money laundering: Kano anti-graft commission files fresh charges against Ganduje
The Kano State Anti-Corruption and Public Complaints Commission has filed fresh charges of corruption and maladministration against an ex-governor of the state, Abdullahi Ganduje. The chairman of the anti-graft commission, Muhuyi Magaji stated this on Channels Television’s Sunrise Daily programme on Tuesday. He said, “What is happening now is a tip of the iceberg. “As […]
Money laundering: Court to arraign Binance executives Thursday
The Abuja Federal High Court will on Thursday arraign Binance executives, Tigran Gambaryan and Nadeem Anjarwalla. DAILY POST reports that Gambaryan and Anjarwalla will be charged before Justice Emeka Nwite on two separate charges. The one filed by the Economic and Financial Crimes Commission, EFCC, which bothers on money laundering, has five counts. The other […]
Reps summons Binance CEO alleged over terrorism financing, money laundering
The Nigerian House of Representatives has summoned Binance CEO over alleged terrorism financing and money laundering. Ginger Onwusibe, the chairman of the House Committee on Financial Crimes at a panel on Friday, issued a seven-day ultimatum to the firm’s management to appear before it on or before March 4, 2024. Onwusibe warned that if Mr […]
