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'Dirty money' from West Africa 'used to pay UK tuition fees'


‘Dirty money’ from West Africa ‘used to pay UK tuition fees’
Commissioned by the British High Commissioner to Nigeria, Catriona Laing,
The amounts spent are way above the salary levels of these prominent Nigerians, categorised as ‘politically exposed persons’ or ‘PEPs’ in anti-money laundering system jargon.
Such people are supposed to be exposed to special checks by banks and other financial institutions, although anti-money laundering legislation usually does not insist that such assessments are undertaken by educational bodies.
In any case, Page concluded, there is plenty of evidence for universities to question if they voluntarily decided to check how some Nigerian students’ fees are being paid. They “dwarf” official salaries, the report notes, pointing out that a Nigerian cabinet minister takes home roughly £16,000 (US$22,200). ....

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