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Rant Of The Day – This Money!

Rant Of The Day – This Money!

Welcome to the rant column. I am wondering if I am the only that really feels this way. Why? I mean why would one person carry over 10 thousand persons money and keep in a building somewhere when some persons can hardly eat and sleep well. Why? would we scream dollar rate when some people […]

Alleged N4.7bn laundering: EFCC Calls For Bench Warrant Against Ex-Gov Ladoja, Aide

Alleged N4.7bn laundering: EFCC Calls For Bench Warrant Against Ex-Gov Ladoja, Aide

The Economic and Financial Crimes Commission (EFCC) on Friday urged a Federal High Court Lagos, to issue a bench warrant against a former Governor of Oyo State, Rashidi Ladoja, over money laundering charges. EFCC said its prayer was based on Ladoja’s refusal to show up in court, to give answers to a N4.7 billion money laundering […]

Watchdog Says About 15 Swiss Banks In Money Laundering ‘Red zone’: SonntagsZeitung

Watchdog Says About 15 Swiss Banks In Money Laundering ‘Red zone’: SonntagsZeitung

Roughly 15 Swiss banks are in a “red zone” of lenders particularly exposed to money laundering risks, the head of Swiss banking watchdog FINMA said in a newspaper interview published on Sunday. Swiss federal prosecutors last week said that they have opened criminal proceedings against Zurich-based Falcon Private Bank for alleged failure to prevent suspected […]

Presidential Panel Member Re-Arraigned For Alleged $1m Money Laundering

Presidential Panel Member Re-Arraigned For Alleged $1m Money Laundering

A member of committee set up by President Muhammadu Buhari to investigate procurement of arms and equipment in the Armed Forces, Air Commodore Umar Mohammed, has been  re-arraigned before the Federal High Court in Abuja. Umar, 54, was arraigned on Friday with his company, Easy Jet Integrated Services Limited, before Justice John Tsoho, on a […]

OPINION: Corruption Can No Longer Be Dismissed As a Developing World Problem

OPINION: Corruption Can No Longer Be Dismissed As a Developing World Problem

By Thursday morning all the A-listers will have arrived. From Washington will fly in a succession of jets, bearing US secretary of state John Kerry as well as the bosses of the IMF and World Bank. Fifa and Uefa will send over their top bureaucrats. Captains of business will trail retinues of lobbyists. All will […]