Court Jails Five over Money Laundering, Illegal Forex Trading

Court jails yahoo boys’ middleman four years for money laundering

By Innocent Anaba Justice Akintayo Aluko of the Federal High Court sitting in Ikoyi, Lagos, has convicted and sentenced Sunmonu Olasunkanmi Thaoban to four years’ imprisonment for money laundering offences. Sunmonu was prosecuted by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) on a two-count charge bordering on money laundering. The EFCC alleged that the convict, while acting as a middleman in 2023, disgui…

Court jails five over money laundering, illegal forex trading

The Federal High Court sitting in Lagos has convicted and sentenced one Sunmonu Olasunkanmi Thaoban to four years’ imprisonment for money laundering. The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, arraigned Sunmonu on a two-count charge bordering on money laundering. Meanwhile, the defendant pleaded guilty to both count charges. After […] Court jails five over money laundering, illegal forex trading

Lagos Court Jails Man Over ₦16m Money Laundering, Convicts Four BDC Operators

Matilda Omonaiye/ A Federal High Court in Lagos has sentenced Sunmonu Olasunkanmi Thaoban to four years’ imprisonment for laundering ₦16 million in illicit proceeds through the purchase of a luxury G-Wagon. Justice Akintayo Aluko, sitting in Ikoyi, handed down the sentence on Thursday, July 30, 2026, after Thaoban pleaded guilty to a two-count charge brought […] Source Related posts: 2 Nigerians, Imam on List of 32 London Sex Offenders Jailed T…

Lagos Court jails one for money laundering, 4 Bureau de Change operators for illegal forex trading

Justice Akintayo Aluko of the Federal High Court, sitting in Ikoyi, Lagos, on Thursday, July 30, 2026, convicted and sentenced one Sunmonu Olasunkanmi Thaoban to four years’ imprisonment for money laundering. Sunmonu was arraigned by the Lagos Zonal Directorate 1 of the EFCC on a two-count charge bordering on money The post Lagos Court jails one for money laundering, 4 Bureau de Change operators for illegal forex trading appeared first on Nation…

Court Jails Drug Traffickers, Forfeits Vehicles Used For Cannabis Smuggling

Justice Ayokunle Faji of the Federal High Court in Lagos has convicted and sentenced two drug traffickers, Charles Momoh and Mohammed Umar, to various prison terms after finding them guilty of illegal dealings in illicit drugs. Justice Faji imprisoned Momoh and Umar on two separate charges involving the unlawful importation and possession of prohibited narcotic substances brought against them by the National Drug Law Enforcement Agency (NDLEA). …

Lagos Court Remands Four Suspects In Prison Over Alleged $5.3million Fraud, Money Laundering

The Federal High Court sitting in Ikoyi, Lagos, has remanded four suspects in prison over an alleged money laundering scheme involving $5,296,691. The Economic and Financial Crimes Commission (EFCC) arraigned the four suspects before the court, accusing them of allowing their identities to be used to establish companies and bank accounts through which millions of dollars were allegedly moved.