Tags : Money laundering

Britain Cracks Down On Nigerian Bank Over Money Laundering Failures

Britain has fined the UK subsidiary of Nigeria’s Guaranty Trust Bank 7.6 million pounds for what it says are more failures in the bank’s anti-money-laundering systems and procedures. The Financial Conduct Authority in a statement on Tuesday shared that “these deficiencies were frequently brought to GT Bank’s attention by internal and external sources, including the […]Read More