SCUML Shuts Hampton Hilton Hotel Over Breaching Money Laundering Act

The Special Control Unit against Money Laundering, SCUML, of the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission, EFCC has sealed up Hampton Hilton Hotel and Apartments, Kaduna. The hotel was sealed for non-compliance with the Money Laundering (Prevention & Prohibition) Act, 2022 and Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT)…

Read More

EFCC Admits SCUML Certificate Not Clearance To Operate In Nigeria Amid CBEX Collapse

The Economic and Financial Crimes Commission (EFCC) has said that the Special Control Unit against Money Laundering (SCUML) certificate does not necessarily imply clearance to lawfully operate in Nigeria, amid the collapse of the fraudulent cryptocurrency investment scheme known as “CBEX”. The EFCC, in a statement on Monday, admitted that ST Technologies( not CBEX) is…

Read More
Go Up