Money laundering is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, and embezzlement by converting it into a legitimate source. It is a crime in many jurisdictions with varying definitions. It is usually a key operation of organized crime. In Nigeria, the Money Laundering (Prevention and [...]
Malicious prosecution could be defined as a tort arising from unsuccessful criminal or civil proceedings instituted against another party with malice and without probable or reasonable cause. It is also defined as the tort of initiating criminal prosecution or civil suit against another party with malice and without probable cause. Where any person has been [...]
 MONEY LAUNDERING CASES IN NIGERIA Money laundering is the process of concealing the origins of illegally obtained money, typically by means of transfers through a legitimate business. The principal law governing money laundering in Nigeria is the Money Laundering Prohibition Act (2011). The leading government agency investigating and prosecuting the offenses of money laundering in [...]
