Deutsche Bank Headquarters Raided in Tax-Fraud Probe
Deutsche Bank Probes $6bn of Possible Money Laundering by Russian Clients German prosecutors have raided Deutsche Bank AG’s Frankfurt headquarters…
Tax scam costs Africa $15 billion yearly
Illicit financial flows represent missed opportunities for West Africa’s development and economic needs Ouch! African countries are being robbed of…
G7 Fails to Make Progress on Illicit Financial Flows
Washington-based advocacy group, Global Financial Integrity (GFI) is disappointed in world leaders for failing to advance efforts to curtail illicit…
IDB Raises Sukuk Issuance Programme Ceiling to US$25 bn
Approvals include project in Mozambique, Senegal, Benin, Cameroon, and Togo In what could be a reflection of the high status…
Respite for AIG Mbu
“if any threat is made against any person, it is the duty of the police to investigate and punish the…
N8b scam: CBN staff to remain in Prison
For the six executives of the Central Bank of Nigeria (CBN) and others being prosecuted by the Economic and Financial…
Vandals hit NNPC pipeline again
It was another tragic moment for the Nigerian National Petroleum Corporation (NNPC) recently as vandals attacked the Ije Ododo, Lagos…
Growing push for regulatory compliance
Nigeria’s government and tax authorities are taking a tougher line on compliance than ever before A growing focus on promoting…
Gombe bombers arrested
Two masterminds of last year’s bombing at the Gombe Line Transport Services have been arrested after a shootout with troops…
Russians, 8 Filipinos docked over oil bunkering
The Economic and Financial Crimes Commission (EFCC) has arraigned 14 foreigners and three companies for alleged illegal oil bunkering. They…