Abuja — Chairman of Economic and Financial Crimes Commission (EFCC), Mrs. Farida Waziri, has accused Nigerian stock brokers of aiding and abetting money laundering.
And just as Nigeria is still grappling with the removal of the chief executives of five banks, the United States' bank regulators have closed four Midwestern banks and one in Arizona, bringing to 89 the number of US banks to fail this year as deteriorating loans continue to take their toll on financial institutions.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article