US Banks Freeze Nigerian Embassy Accounts On Suspicion Of Fraud and Money Laundering

Two American banks have reportedly placed an embargo on accounts belonging to Nigeria missions in New York and Washington D.C., according to a report yesterday by sharpedgenews.com, a web-site news publication. According to sources familiar with on-going investigations initiated by two leading American banks, Bank of America and Wells Fago, the Nigerian missions, the country’s Embassy In Washington D.C and the permanent mission to the United Nations had their accounts frozen following the failure of Nigerian diplomatic officials to satisfactorily explain suspicious use of a total of $3.6 million sums, wired through separate accounts with the two banks.
Sharpedgenew.com learnt from sources familiar with the “critical investigations” that the officials of the two banks suspected that accounts belonging to the two missions might have been used as conduits for laundering and other unscrupulous activities

Browse More Articles

Tweet

Written by Adewunmi Akinpelu

We are Creative Blogger Theme Wavers which provides user friendly, effective and easy to use themes. Each support has free and providing HD support screen casting.