UK warns Nigerian students against using their accounts for money laundering

UK warns Nigerian students against using their accounts for money laundering

- The UK has araised an alarm over Nigerian students in Britain whose accounts politicians use for looting

- The foreign government said that some international students sign deals with corrupt persons in Nigeria to use their accounts to aid stealing

- The UK said that any student caught in the act will face justice and forfeit their studies

Nigerian students studying in the United Kingdom (UK) have been warned by the British government to refrain from the crime of money laundering.

In a letter to the federal government, the spokesman of UK's ministry of education, Ben Goong, revealed that the bank accounts of international students (including those of Nigerians in Britain) are being used by corrupt persons as conduits to loot public funds, Premium Times reports.

Substantiating this, UK's National Economic Crime Centre (NECC) disclosed that international students allow their accounts to be used for this criminal purpose at an agreed price.

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In the letter, Goong stated that any student caught involved in this act will have to forfeit their studies in the UK and face prosecution.

Goog said that only in 2019, the government discovered the deposition of not less than €3 million into 95 bank accounts belonging to international students.

The spokesman said that this stern measure taken by the UK is coming at the heels of an agreement by the nation to offer a post-study work visa to students starting from 2020.

Meanwhile, reported that Nigerian students at the University of Arkansas had done what may be the first of its kind by holding an event that gave their American host community the opportunity to experience the National Youth Service Corps (NYSC). gathered that the disclosure was made on Tuesday, February 4, by a PhD student of the institution, Nnamdi Ezike.

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He tweeted: "The Nigerian students at the University of Arkansas on Saturday, 01/01/20, held an event that gave our American host community the opportunity to experience the NYSC.

"We re-enacted the NYSC experience; camp drills, mammy market, parades..."

In another post, reported that the federal government has slashed its visa application charges for citizens of the United States from $180 to $160. gathered that the old amount comprised $160 as a visa fee and $20 as processing and expedient fees.

The comptroller-general of Nigeria Immigration Service (NIS), Muhammad Babandede, said the reduction followed a review of the US visa reciprocity policy for Nigeria.

Babandede stated this in a February 5, memo marked NIS/HQ/CGI/806/7 and addressed to the permanent secretary in the ministry of foreign affairs.

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