ABN Amro fined €8.5m over money laundering control failures

EFCC arraigns two in Lagos over alleged N986m fuel supply fraud

The Economic and Financial Crimes Commission (EFCC) has re-arraigned two individuals and their companies before the Lagos State High Court in Ikeja over an alleged N986 million fuel supply fraud and the alleged diversion of additional funds. The defendants, Ajayi Edward Olushola and his company, Hola Jay Nigeria Limited, were re-arraigned alongside Hannah Nwaguzor Ify [] EFCC arraigns two in Lagos over alleged N986m fuel supply fraud

World : Dutch Bank ABN AMRO Fined Over Shortcomings In Anti-Money Laundering Framework

THE HAGUE, July 10 (Bernama-Xinhua) -- The Dutch central bank (DNB) said on Thursday that it had imposed an administrative fine of 8.5 million euros (US9.7 million) on ABN AMRO Bank N.V., one of the Netherlands' largest banks, over serious shortcomings in its anti-money laundering controls between September 2023 and September 2024.

ABN Amro fined €8.5 million for inadequate money laundering checks

De Nederlandsche Bank (DNB) imposed a fine of 8.5 million on ABN Amro for inadequate anti-money laundering controls between September 2023 and September 2024.

N1.32bn Fraud: EFCC arraigns ex-MD of Port Harcourt refinery, Dikko

By Ikechukwu Nnochiri ABUJA — The Economic and Financial Crimes Commission (EFCC), on Wednesday, arraigned the former Managing Director of Port Harcourt Refining Company Ltd (PHRC), Mr. Ahmed Adamu Dikko, before the Federal High Court in Abuja on a 12-count money laundering charge. Dikko, who led the Port Harcourt Refining Company for about four years, [] The post N1.32bn Fraud: EFCC arraigns ex-MD of Port Harcourt refinery, Dikko appeared first on Vanguard News.

👨🏿‍🚀TechCabal Daily – Holcim’s billion dollar windfall

In today’s edition: Nigeria’s Central Bank fines 29 banks 9 million || CBN to penalise banks for cash shortages || Holcim to sell its Lafarge business for 1 billion || Nigerian BDCs to buy forex from authorised sellers

Anambra Court Orders Repayment of Debt to Chinese Businessman

An Anambra State High Court sitting in Onitsha, Southeast Nigeria, has reaffirmed the enforceability of commercial contracts by ordering the settlement of a debt owed to a Chinese businessman in a cross-border trade dispute. Delivering judgment, Justice Ifeanyi Nweze ruled in favour of Mr. Xu Jiang, whose China-based company supplied goods on credit to an [] The post Anambra Court Orders Repayment of Debt to Chinese Businessman appeared first on Voice of Nigeria.

The Fiat Money Maestro

The Fiat Money Maestro

EFCC arraigns man over AUD$8.4m, US$3.6m investment fraud in Abuja

The Economic and Financial Crimes Commission, EFCC, on Monday, June 29, 2026, arraigned one Usie Otukpa Osang before Justice Obiora Egwuatu of the Federal High Court, Abuja for fraud. He was arraigned on an eight-court charge bordering on impersonation and obtaining by false pretence to the tune of AUD8,427,330.83 (Eight Million, Four Hundred and Twenty-Seven The post EFCC arraigns man over AUD8.4m, US3.6m investment fraud in Abuja appeared first on Dateline Nigeria.

CryptoProcessing’s MLRO on why banking access is still crypto’s biggest challenge

Crypto firms have spent years trying to convince banks that they’re safe to do business with. Even now, with far more regulation in place than a few years ago, plenty of those firms still get turned away at the door. Jelizaveta Paskovskaja, Money Laundering Reporting Officer (MLRO) at CryptoProcessing by Coinspaid, has a clear explanation for [] This story continues at The Next Web

Conakry : il retire frauduleusement 199 millions à la BIG et à Ecobank, la justice le condamne à 3 ans de prison

Le tribunal correctionnel de Kaloum a condamné, ce mardi 7 juillet 2026, deux personnes pour faux et usage de faux, vol et complicité. Fodé Keïta et Mamadou Samba Diallo ont été reconnus coupables de retraits frauduleux d’une somme de 199 millions de francs guinéens à la Banque islamique de Guinée (BIG) et à Ecobank. Dans [] The post Conakry : il retire frauduleusement 199 millions à la BIG et à Ecobank, la justice le condamne à 3 ans de prison first appeared on Guineematin.com.

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

Standard Bank Becomes The First Bank On The Continent Authorised To Clear Renminbi Transactions

Standard Bank, the biggest bank in Africa by assets, and the Industrial and Commercial Bank of China Limited (ICBC) have been jointly authorised by the People’s Bank of China (PBoC) to clear Renminbi (RMB) in Africa. Standard Bank is the first African based bank to receive this authorisation. In November 2025, the bank also became []

$4B Iran crypto trail puts CoinEx under the spotlight: Report

Will CoinEx be under the U.S. radar after allegedly facilitating a sanctioned Iranian crypto network?

Ghanaian extradited to US admits role in $4.4m romance fraud, agrees to pay restitution

A Ghanaian national extradited to the United States has admitted his involvement in a romance and inheritance fraud conspiracy and agreed to pay approximately 4.4 million in restitution, representing the financial losses suffered by victims, as part of his plea agreement. Joseph Kwadwo Badu Boateng, who also goes by the name Dada Joe Remix, pleaded guilty to conspiracy to commit wire fraud last week, according to a statement issued by the U.S. Attorney's Office for the District of Arizona on Tuesday, June 30, 2026.

Payroll tax fraud scheme operated by illegal immigrant caused more than $38M in losses

An undocumented Honduran immigrant has been sentenced to eight years in prison for operating a years-long cash payroll scheme that facilitated the employment of other illegal migrants in the U.S. and caused more than 38 million in lost revenue to the U.S. government. Alongside several accomplices, Mario Flores created a series of shell companies and []...Click to read more

Briar Resources saman Behn Meyer, dakwa langgar kontrak Program Baja Madani

PETALING JAYA: Briar Resources Sdn Bhd memfailkan saman sivil di Mahkamah Tinggi Shah Alam terhadap Behn Meyer AgriCare (M) Sdn Bhd berhubung pertikaian berkaitan pembuatan dan pembekalan baja bawah Program Baja Madani. Dalam kenyataan melalui peguamnya, Tetuan Foo Hiap Siong Co, Briar Resources mendakwa defendan melanggar obligasi kontrak melibatkan pengeluaran dan pembekalan baja MPOB ... Read more The post Briar Resources saman Behn Meyer, dakwa langgar kontrak Program Baja Madani appeared first on Utusan Malaysia.

Millions Spit Out Of Hacked U.S. Cash Machines: Two Sentenced in Massive ‘ATM Jackpotting’ Plot

Two Venezuelan nationals living illegally in the United States have been sentenced to 78 months in federal prison for installing “Ploutus” malware on cash machines to steal millions of dollars. The physical scheme, known as “ATM jackpotting,” has been identified as a major revenue stream for the violent transnational gang Tren de Aragua (TdA). The [] Millions Spit Out Of Hacked U.S. Cash Machines: Two Sentenced in Massive ‘ATM Jackpotting’ Plot

Illegal Lottery Crackdown Leads to Guilty Pleas, $100,000 Fines

Illegal Lottery Crackdown: The Betting, Gaming and Lotteries Commission (BGLC) is warning Jamaicans against participating [] The post Illegal Lottery Crackdown Leads to Guilty Pleas, 100,000 Fines appeared first on McKoysNews.

RM53m bribery claim: No suspicious financial transactions linked to Nik Nazmi - MACC chief

Allegations are tied to the transfer of three elephants to Japan.

Roma Green Finance: A $1.5 Million Revenue Company With A Massive Valuation Problem

Roma Green Finance: A $1.5 Million Revenue Company With A Massive Valuation Problem

Nigeria: U.S. Sanctions Lagos-Based ISIS Financier, Bureaux De Change in Global Terror Crackdown

[Vanguard] The United States has sanctioned a Lagos-based ISIS financier, Mukhtar Adamu Muhammad, 35, and three bureaux de change linked to him for allegedly moving funds for the group, as part of a sweeping action targeting ISIS financial networks across Europe, the Middle East, and West Africa.

Rs696,000 fine imposed on profiteers

Rs696,000 fine imposed on profiteers

UEFA fines Sebastian Nanasi’s Strasbourg 144 million kronor for financial rule breach

UEFA fines Sebastian Nanasi’s Strasbourg 144 million kronor for financial rule breach

Coinbase and OKX try to lure in Binance’s 450 million EU users after it failed to secure a MiCA license

Coinbase and OKX try to lure in Binance’s 450 million EU users after it failed to secure a MiCA license

Germany’s KfW Bank approves $300m financing for Uganda’s railway project

Germany’s KfW IPEX-Bank has approved 300m (£235m) in financing for Uganda’s Standard Gauge Railway (SGR), bringing the long-delayed 2.7bn project a step closer to securing the funding it needs to proceed. The bank confirmed it has completed its internal approval processes for the financing during talks in Frankfurt between Uganda’s Deputy Head of Mission in [] The post Germany’s KfW Bank approves 300m financing for Uganda’s railway project appeared first on Watchdog Uganda.