Lagos - Some Nigerian banks are under the searchlight of the United States (U.S.) Justice Department for any possible link with terror funding.
The move follows widespread suspicion that some banks may have compromised in helping to move funds for members of the Boko Haram sect, reports The Guardian.
US officials have expressed concerns that some Nigerian banks have been ignoring warnings about their obligations to crack down on illegal activity including terrorism financing, money laundering and corruption.
Read more at The Guardian.
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