Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Nigerian court freezes bank accounts for money laundering checks

ABUJA (Reuters) - A Nigerian court has ordered a temporary freeze on millions of bank accounts with incomplete identification documents and the forfeiture of funds in those accounts as it seeks to ensure compliance with money laundering rules.

In a court order seen by Reuters on Monday, the government asked banks to disclose details of millions of personal and business accounts where holders have not provided biometric information and asked the court to stop the accounts operating.

(Reporting by Camillus Eboh; Additional reporting by Chijioke Ohuocha; Editing by Catherine Evans)

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.