money laundering

Nigeria Drops Money-Laundering Charges Against Cryptocurrency Boss
24 Oct

Nigeria Drops Money-Laundering Charges Against Cryptocurrency Boss

Wontumi1Business,
Nigeria’s anti-corruption agency has dropped a money-laundering case against a top cryptocurrency executive to allow him to get medical treatment abroad. Tigran Gambaryan, a US citizen, was arrested on a business trip to Nigeria in February and later charged alongside his company Binance with laundering $35.4m (£28m) - which they denied. The 40-year-old was in charge of financial crime compliance at Binance, the world's largest crypto exchange that Nigeria blames for much of its recent economic turmoil. It accused the digital platform - where investors can buy, sell and trade cryptocurrencies - of fixing exchange rates and currency speculation leading…
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Volunteer Information On Suspected Money Laundering, Unexplained Wealth – BOG Urges Public
08 Apr

Volunteer Information On Suspected Money Laundering, Unexplained Wealth – BOG Urges Public

Wontumi1Business,
The Bank of Ghana has urged the public to volunteer information on suspected cases of money laundering and unexplained wealth. This is to combat financial crimes, sanitize the industry and uphold the integrity of the country’s financial system. The Central Bank stressed collaborative efforts in identifying and addressing illicit financial activities that pose a threat to the stability and reputation of the banking sector. The Bank of Ghana gave this advice in a circular on money laundering as part of its financial literacy. Money laundering is the process whereby money obtained from unlawful activities such as drug trafficking and corruption…
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Mahama, Seth Terkper Know More About Nduom’s Money Laundering Sting- Abronye (Video)
25 May

Mahama, Seth Terkper Know More About Nduom’s Money Laundering Sting- Abronye (Video)

Kakra NunuFeatured, News, , ,
Former President John Mahama has been linked to the money laundering sting, alleged to be perpetuated by Dr. Papa Kwesi Nduom by Kwame Baffoe. Dr. Nduom, a former flagbearer for the Progressive People's Party and owner of defunct GN Bank, has been accused of by a US-based Birim Group LLC’s of money laundering and wire fraud. Birim Group LLC has accused Groupe Nduom of laundering a total of $63,000,000 in a writ sighted by Wontumionline.com. Reacting to the news on Nsempa Fie show, Kwame Baffoe alias Abronye stated that he has a strong believe former President Mahama took his percentage…
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