The Special Control Unit against Money Laundering, SCUML of the Economic and Financial Crimes Commission, EFCC on Tuesday, June 4, 2024 sealed up Tongyi Group, located in Ebitu Ukiwe Street, Jabi, Abuja for alleged non-compliance with Anti-Money Laundering/Combating Financing of Terrorism, (AML/CFT) regulations. Officers of SCUML shut down the construction and mining entity after it paid no heed to a series of the Unit’s attempts to be compliant with AML/CFT regime. By SCUML’s regulations, the seal of non-compliance and closure pasted on the business premises would remain in force until…
Read MoreSCUML Seals Tongyi Group Over Alleged Non-compliance with Anti-money Laundering Laws
