Money Laundering

Binance moved $346m for seized crypto exchange Bitzlato: Report
US DOJ last week charged Bitzlato’s co-founder, a Russian living in China, with running a money-laundering haven.
Published On 24 Jan 2023
Nigeria’s GT Bank fined in UK over money-laundering failures
Financial watchdog says GT Bank, a repeat offender, has not disputed the findings and agreed to settle.
Published On 10 Jan 2023
Nigeria to limit cash withdrawals to $225 a week
Authorities have been trying to curb counterfeiting and discourage the payment of ransoms to kidnappers who demand cash.
Published On 7 Dec 2022
Nigeria launches new banknotes to help curb corruption
Regulators have said January 31 is the deadline for old notes to either be used or deposited at banks.
Published On 24 Nov 2022

The British-Irish suspect is believed to have laundered more than $200m in illicit cash.

US accuses virtual currency mixer of laundering hundreds of millions of dollars stolen by hackers backed by North Korea.

Guptas fled to Dubai in 2018 amid investigations into their role in siphoning state assets under Zuma’s administration.

In June, the watchdog opened a probe into breaches of executive code arising from $4m theft from the president’s farm.

Berta Cáceres’s daughter has alleged that Dutch state-run bank ignored signs of embezzlement, violating laws.

Opposition legislators are asking Ramaphosa to step down as president pending investigations into the Phala Phala scandal.

President Ramaphosa is at the centre of an international scandal involving the theft of $4m from his game farm.

The investigation centres around money laundering and embezzling public funds in Lebanon between 2002 and 2021.

Three EU countries seize properties and freeze asset worth $130m linked to embezzlement of public funds in Lebanon.

Oligarch wealth is mostly protected thanks to the financial systems that have been nurtured to give assets anonymity.

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