“UK is not Nigeria where they violate rules with impunity. The GTBank is also sanctioned for violating the strict know your customer rule in UK” GTBank UK Ltd, a subsidiary of GTCO was fined over £10m for not adhering to the very strick know your customer, anti-money laundering rules. Platforms Africa reports that the total fine was £10m but FCA have them a 30% discount if they pay within 30 days. READ ALSO EXCLUSIVE: Customers Kick as GTBank’s Network Glitch Drags into Second Week Shell, AFC, GTBank, 6 Other…
Read MoreGTBank Guilty of Money Laundering, UK Slams £10m Fine On Bank
