EFCC Seals Hampton Hilton Hotel & Apartments Over Breach Of Money Laundering Act

The Special Control Unit against Money Laundering, SCUML, of the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission, EFCC has sealed up Hampton Hilton Hotel and Apartments, Kaduna, for non-compliance with the Money Laundering (Prevention & Prohibition) Act, 2022 and Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) regulations of the Financial Action Task Force, FATF for Designated Non-Financial Businesses and Professions, DNFBPs.

The entity was found to have committed multiple infractions in the course of the first evaluation carried out on it, on June 4, 2024, leading to the issuance of administrative sanctions to it by SCUML.

It was also found to have committed further infractions following the compliance evaluation of June 13, 2025, for which it was slammed N2,300,000.00 (Two Million Three Hundred Thousand Naira) fine, payable within seven days and with instruction to ensure full compliance with the Money Laundering (Prevention & Prohibition) Act, 2022 and AML/CFT regulations or face further consequences.

While it refused to pay the fine, it, as well, dishonoured SCUML’s invite to show up for compliance evaluation, resulting in the sealing of the premises.

The Special Control Unit against Money Laundering, SCUML,  ensures DNFBPs’ compliance with Money Laundering (Prevention & Prohibition) Act, 2022 and AML/CFT regulations.

Leave a Reply

Your email address will not be published. Required fields are marked *

− 1 = 3
Powered by MathCaptcha

You May Also Like

Major Gen Mohammed Abdullahi Takes Over As 6th Commander Of NACWC

The ceremony included the signing of handing and taking over notes, the decoration of Major General Abdullahi with the NACWC insignia

Tinubu Ready To Step Up To Challenges On African Issues, Alake Says

Everybody is looking up to Nigeria, especially in Africa and the ECOWAS region

Sanwo-Olu Announces Total Ban On Okada In 6 Lagos LGAs

the order takes effect from June 1, 2022.

Customs Boss Adeniyi Restates Commitment To Combating Illicit Trade, Securing Borders

The sustained operational tempo and intelligence-led enforcement have resulted in the seizure of goods with a combined Duty Paid Value (DPV) of ₦1,784,432,000