EFCC Arraigns Coy. for Non-Compliance with SCUML Guidelines
The EFCC on Monday, October 14, 2019, arraigned one Samari Motors before Honorable Justice O.A Egwuatu of the Federal High Court sitting in Kano on a one (1) count charge of Money Laundering.
The defendant, a business entity who deals in the sale of used vehicles was arrested by the Commission sequel to an intelligence the Commission received alleging that the entity was being run in violation of the provision of Money Laundering (Prohibition) Act, 2011.
Specifically, the defendant was said to have defied the law after he refused to file a report to Special Control Unit Against Money Laundering (SCUML) on the sale of a car above the threshold as required by law. Justice Egwuatu adjourned the matter to November 5, 2019 for review of the fact of case.
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