Sharpedgenews.com has obtained an incontrovertible tip that two American banks have decided to place an embargo on accounts belonging to Nigeria missions in New York and Washington D.C. According to sources familiar with on-going investigations initiated by two leading American banks, Bank of America and Wells Fago, the Nigerian missions, the country’s Embassy In Washington D.C and the permanent mission to the United Nations had their account frozen following the failure of Nigerian diplomatic officials to satisfactorily explain suspicious use of a total of $3.6m, wire through separate accounts with the two banks.
Sharpedgenew.com learnt from sources familiar with the “critical investigations” that the officials of the two banks suspected that accounts belonging to the two missions may have been used as conduits for laundering and other unscrupulous activities, after been flagged by relevant financial monitoring agencies in the united State, auditors from the two banks decided to scrutinize the missions’ books.
Employees of the two diplomatic outlets have been having issues paying bills and meeting other financial obligation because they have not been paid their salaries and other entitlement after activities relating to the operation of the missions’ accounts were poorly explained and a lien was placed on their continued operations.
A source told sharpedgenew.com that some Nigerian officials developed the habit of simply dumping funds with affected accounts without justifiable end use, thus turning the missions to conduit for siphoned away cash from Nigeria.
Nigeria’s Auditor-general and his subordinate have since arrived the united state to assist in reconciling the reckless and improperly kept books. But how the efforts of the auditors would clear the air on suspicious of stealing, fraud, money laundering, remains to be seen. A source claimed that such suspected funds usually originate from State Governors and other Nigerian functionaries.
In the main time eyeballs are growing bigger and rolling in their socket as hunger and wants have become unsolicited companion of Nigeria diplomats in the US.