Lawful Nigeria to UK transactions result in CIFAS marker removal

10 February, 2021

Richardson Lissack has successfully persuaded a major UK bank to remove a CIFAS fraud marker loaded against a British-Nigerian professional.  The client had arranged a loan with a CBN authorised Nigeria-based lender but when the loan monies were transmitted to his account, his UK bank took exception to the series of transactions.  Drawing on a wealth of experience in quasi-suspicious activity in the retail banking sector, Richardson Lissack was able to demonstrate to the bank’s satisfaction that all the transactions initiated to fulfil the loan agreement were lawful.