Suddenly, your relation who had been so benevolent to you, before the recession, sending you part of his hard-earned money in times of your own need back home, sends you an email requesting urgent help. You are a law-abiding citizen. You call your relationship manager at your bank requesting that you need to urgently buy $1,000, for your relation in urgent need. She asks, do you want to use your Personal Travel Allowance. You tell her you are not travelling. Then she reels out all the needs that you can buy forex from the bank’s Bureau De Change for. Paying utility bills, paying school fees, Business Travel Allowance, Medical Bills. Ugh! You remember the good times, when seconds after informing your relation of your need, he would have despatched money via Western Union. What to do? You simply call up your ‘Mallam’ from the Black Market, to bring you $1,000,
Do you know what you have just done, according to our Central Bank Governor, Chukwuma Charles Soludo? Money laundering or smuggling. Is he for real?