Banks comply with orders on lawyers’ SCUML financial reporting

Dailytrust | 24-08-2024 06:55am |

Commercial banks in Nigeria have started complying with the order of a Federal High Court in Abuja nullifying the requirement for lawyers to disclose their clients’ financial transactions to some law enforcement agencies. Justice Obiora Egwuatu had in July nullified the provisions of the Special Control Unit Against Money Laundering (SCUML) Act, 2022 which mandates [...]

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