CBN orders banks to freeze accounts linked to six terrorism financing suspects

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The Central Bank of Nigeria has ordered banks to freeze accounts linked to six suspects allegedly involved in terrorism financing. Financial institutions are required to screen customers and transactions against updated sanctions lists, including known aliases and identifiers.

Under the directive, financial institutions are required to immediately screen existing customers, beneficial owners, and all incoming and outgoing transactions against the updated sanctions lists, including known aliases and identifiers. The post CBN orders banks to freeze accounts linked to six terrorism financing suspects appeared first on Premium Times Nigeria.