Nig Police Indicts Sterling Bank On Money Laundering
The Nigeria Police has indicted Sterling Bank over allegations of money laundering, fraudulent deductions, and other financial crimes committed by its staff. The indictment stems from a petition filed by Maiden Systems Ltd against Sterling Bank, the Central Bank of Nigeria (CBN), and Shell Petroleum, alleging mismanagement, fraudulent debit, and misappropriation of funds from its account with Sterling Bank. A police investigation revealed discrepancies in the bank's statement […]