FILE PHOTO: FILE PHOTO - The HSBC bank logo is seen at their offices in the Canary Wharf financial district in London
FILE PHOTO: FILE PHOTO - The HSBC bank logo is seen at their offices in the Canary Wharf financial district in London

Nigeria accuses HSBC of money laundering, helping to loot country

By Mel Frykberg Time of article published Sep 17, 2018

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JOHANNESBURG – Nigeria’s Economic and Financial Crimes Commission (EFCC) has vowed to ensure that money it says was looted by past Nigerian leaders with the help of HSBC Bank is returned. 

The EFCC’s Sunday statement was in support of an earlier statement released by President Muhammadu Buhari’s office that the global giant bank had supported previous Nigerian dictators to strip the country of funds, the Premium Times reported.

- African News Agency (ANA)


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