HomeBreaking NewsSCUML Seals Kaduna Hotel for Breaching Money Laundering Act

SCUML Seals Kaduna Hotel for Breaching Money Laundering Act

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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.

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