The EFCC has intensified scrutiny of politically exposed persons suspected of falsely declaring assets to evade investigation ...

OK, here's a great thing. Under current banking regulations, after all the reforms of the last 20 years, there's now a category called a "politically exposed person," PEP.

The Economic and Financial Crimes Commission says it has uncovered a new tactic by some politicians to legitimise ill-gotten ...

Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission (EFCC), has uncovered a growing trend among some ...

Bank Regulators Clarify Due-Diligence Requirements for Politically Exposed Persons Five agencies said in a joint statement that the level of risk associated with politically exposed individuals varies ...

Date 7/13/2023 9:09:19 AM Author: Áine Clancy MENAFN bank Political online ...

In August 2017, a national daily had reported that the commission was still investigating some high-profile cases involving over 100 politically-exposed persons and top-ranking public officers.

Politically exposed persons are understood to be persons entrusted with prominent public functions, their immediate family members or persons known to be close associates of such persons. Public ...

These cases highlight the challenges associated with politically exposed persons (PEPs), a term referring to individuals in prominent public roles and their close associates, as defined by a 2020 ...