UK fines GTB $9.3m over 'weak' money laundering control system - Daily Trust

Nigeria News News

UK fines GTB $9.3m over 'weak' money laundering control system - Daily Trust
Nigeria Latest News,Nigeria Headlines
  • 📰 Daily Trust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

A United Kingdom-based financial watchdog, Financial Conduct Authority (FCA), has fined the British subsidiary of Nigeria’s Guaranty Trust Bank £7.6 million ($9.3 million) over weak money laundering control system.

Bank £7.6 million over weak money laundering control system.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Daily Trust /  🏆 13. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK slams GTB with $9.3 million fine over 'Money Laundering System Failures'UK slams GTB with $9.3 million fine over 'Money Laundering System Failures'The United Kingdom- based financial watchdog, Financial Conduct Authority, has fined the British subsidiary of Nigeria’s Guaranty Trust Bank 7.6 million pounds ($9.3 million). A statement by the FCA on Tuesday revealed that the fine was imposed due to failure of the bank’s anti-money laundering systems and controls. Furthermore, Reuters reported that the failures were …
Read more »

PDP Presidential Candidate, Atiku On Vacation In Dubai, Not Sick – Spokesmen | Sahara ReportersPDP Presidential Candidate, Atiku On Vacation In Dubai, Not Sick – Spokesmen | Sahara ReportersPaul Ibe, the spokesman for the presidential candidate of the Peoples Democratic Party, Atiku Abubakar has faulted claims that his principal is sick and had been flown to the United Kingdom for medical attention. According to Ibe, the PDP candidate will arrive in London today (Monday). A source had told SaharaReporters that Atiku was sick and had been flown to London, United Kingdom from Dubai, United Arab Emirates for treatment.
Read more »

AIT Founder, Dokpesi allegedly arrested in UKAIT Founder, Dokpesi allegedly arrested in UKThe founder of DAAR Communications Limited, Chief Raymond Dokpesi, has been allegedly arrested by the police in the United Kingdom. According to This Day
Read more »

BREAKING: Nigerian Media Mogul, Dokpesi Released After Arrest At London Airport | Sahara ReportersBREAKING: Nigerian Media Mogul, Dokpesi Released After Arrest At London Airport | Sahara ReportersThe founder of DAAR Communications Plc, High Chief Raymond Dokpesi, has reportedly been released from the custody of the police in the United Kingdom.
Read more »

Raymond Dokpesi released after grilling in LondonRaymond Dokpesi released after grilling in LondonDAAR Communications Chairman, Raymond Dokpesi has been released in London, United Kingdom. The business mogul was arrested by the police on Sunday.
Read more »

Atiku In UK To Engage British Govt Officials, Archbishop Of CanterburyAtiku In UK To Engage British Govt Officials, Archbishop Of CanterburyThe presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has arrived United Kingdom on Monday for a two-day visit on the invi
Read more »



Render Time: 2025-04-20 16:15:38