Nigerian govt obtains court order to freeze bank accounts for money laundering checks

A Nigerian court has ordered a temporary freeze on millions of bank accounts with incomplete identification documents and the forfeiture of funds in those accounts as it seeks to ensure compliance with money laundering rules.

In a court order seen by Reuters on Monday, the government asked banks to disclose details of millions of personal and business accounts where holders have not provided biometric information and asked the court to stop the accounts operating. Read more on this here.

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