The Economic and Financial Crimes Commission, Abuja zone on Monday, February 1, 2021, arraigned a Commercial Director of the Process and Industrial Development, (P&ID) Limited, Mohammed Kuchazi before Justice F.O. Giwa, of the Federal High Court, Abuja.Kuchazi and his company Kore Holdings Limited are being prosecuted on an eight count charge bothering on failure to comply with the regulations of the Special Control Unit against Money Laundering, SCUML, as stipulated by the Money Laundering Prohibition Act. Count One of the charge reads: “That you Kore Holdings Limited, being a Designated Non-Financial Institution; Muhammed Kuchazi, being a Director of and…
Read MoreP&ID Director Arraigned For Flouting SCUML Regulations
