Live Breaking News & Updates on Global Compliance Advisory

Stay updated with breaking news from Global compliance advisory. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

A Steep Climb Ahead as South Africa Races to Delist from FATF Greylisting

It has been a year since South Africa (“SA”) was grey listed by the Financial Action Task Force (FATF), and under a year shy of having to demonstrate its improvements in bolstering anti-money laundering and financial crimes measures. ....

South Africa , South African , Osborn Wellsted Paulsen , Milton Osborn , Rufaro Nyakatawa , Cara Hennessey , Leopoldt Jansen Van Vuuren , Ruan Botha , Provenance Ltd , Financial Intelligence Centre , Financial Sector Conduct Authority , Property Commission , Financial Action Task Force , Provenance Team , Business Development Consultant At Jersey , Ashburton Fund Managers , Business Development Consultant , Jersey Finance , Director Funds , Global Compliance Advisory , Anti Money Laundering , Countering Proliferation , South African Treasury , Joint Group , Financial Intelligence Centre Act , Intellectual Property Commission ,

N179billion Fraud: Trial of Erastus Akingbola continues

of the defunct Intercontinental Bank, continued on February 19, 2021
before Justice A.O. Faji of a Federal High Court, Ikoyi, Lagos with a
witness of the Economic and Financial Crimes Commission, EFCC, Babatunde
Aro, narrating how the defendant allegedly bypassed banking protocols to
transfer $11.8million and £8.54million offshore without recourse to the
bank’s standard procedures.
fraud committed by him while he held sway at the Bank. He is alleged to
have perpetrated the fraud using suspicious financial transactions. He
pleaded “not guilty” to the allegations.
Testifying as the fourth prosecution witness, Aro, who works with Access
Bank Plc, as Head, Global Compliance Advisory, told the Court that he ....

Nigeria General , Justiceao Faji , Rotimi Jacobs , Financial Crimes Commission , Access Bank , Deutsche Bank Nostro , Bank Plc , Deutsche Bank , High Court , Intercontinental Bank , Deutshe Bank Nostro , Erastus Akingbola , Group Managing , Federal High Court , Global Compliance Advisory , Messrs Fugler Solicitors , Visa Card , Bank Nostro , Group Managing Director , நைஜீரியா ஜநரல் , நிதி குற்றங்கள் தரகு , நுழைவு வங்கி , வங்கி ப்ல் , டாய்ச் வங்கி , உயர் நீதிமன்றம் , கண்டம் வங்கி ,