107
The Particular Management Unit in opposition to Cash Laundering, SCUML, of the Kaduna Zonal Directorate of the Financial and Monetary Crimes Fee, EFCC has sealed up Hampton Hilton Resort and Flats, Kaduna.
The resort was sealed for non-compliance with the Cash Laundering (Prevention & Prohibition) Act, 2022 and Anti-Cash Laundering and Combating the Financing of Terrorism (AML/CFT) laws of the Monetary Motion Process Drive, FATF for Designated Non-Monetary Companies and Professions, DNFBPs.
The entity was discovered to have dedicated a number of infractions in the middle of the primary analysis carried out on it, on June 4, 2024, resulting in the issuance of administrative sanctions to it by SCUML.
It was additionally discovered to have dedicated additional infractions following the compliance analysis of June 13, 2025, for which it was slammed N2,300,000.00 (Two Million Three Hundred Thousand Naira) fantastic, payable inside seven days and with instruction to make sure full compliance with the Cash Laundering (Prevention & Prohibition) Act, 2022 and AML/CFT laws or face additional penalties.
Whereas it refused to pay the fantastic, it, as properly, dishonored SCUML’s invite to indicate up for compliance analysis, ensuing within the sealing of the premises.
The Particular Management Unit in opposition to Cash Laundering, SCUML, ensures DNFBPs’ compliance with Cash Laundering (Prevention & Prohibition) Act, 2022 and AML/CFT laws.
Publish Views: 230
