₦airaland Forum

Grr.. are those some tears in my eyes.

Especially the one with the terminally ill man. But wait is that a cigarette he's smoking?

Nice pictures.

The young grew..

HNosegbe: I'm ok with the giving and all, but Category A, B and C?

Well sha...

That's what boggles my mind? Church members placed in "categories"

So if I can't afford any of those, I have no category in the church?


*sings* me and you no dey for the same category. . .

The Financial Conduct Authority (FCA) has fined Guaranty Trust Bank (UK) Ltd (GT Bank) £525,000 for failings in its anti-money laundering (AML) controls for high risk customers between May 2008 and June 2010.

These failings are particularly serious as they affected customers based in countries associated with a higher risk of money laundering, bribery or corruption, including accounts held by politically exposed persons (PEPs).

GT Bank, a subsidiary of Nigerian Guaranty Trust Bank PLC, opened an office in London in May 2008 offering retail and wholesale banking products and services to private, corporate and institutional clients.

The FCA’s predecessor, the Financial Services Authority (FSA), reviewed GT Bank’s controls as part of a thematic review into banks’ management of money-laundering risks in 2010. The review of GT Bank raised significant concerns and after further investigation, the FCA found that GT Bank failed to establish effective AML policies and procedures when they established their UK operations. This included failures to:
•Assess or document potential money-laundering risks posed by higher risk customers
•Screen prospective customers against sanction lists or databases of PEPs
•Obtain and/or document senior management approval to establish a business relationship with PEPs
•Establish the purpose and intended nature of prospective customers’ accounts or the sources of higher risk customers’ wealth or funds
•Review the activity of higher risk customers’ accounts and check that the information they held on these customers was up to date.

As a result, GT Bank was not able to fully understand or assess their higher risk customers' activities. This breached FCA Principle 3, which requires firms to take reasonable care to organise and control their affairs responsibly and effectively, and a number of our rules on systems and controls.

Tracey McDermott, director of enforcement and financial crime, said:

"Banks are at the front line in ensuring the proceeds of crime do not enter the UK financial system. GT Bank’s failures were serious and systemic and resulted in an unacceptable risk of handling the proceeds of crime.

"Regardless of whether firms are well established or new to the industry they must ensure that they have systems and controls to manage money laundering risk.

"The FCA will continue to focus on potential money laundering risks, in line with our objectives to protect and enhance the integrity of the UK financial system and will be 'intensive and intrusive' taking action where serious issues are identified."

GT Bank settled at an early stage of the investigation and qualified for a 30% discount on its fine. Without the discount the fine would have been £750,000.

http://www.fca.org.uk/news/fca-fines-guaranty-trust-bank-uk-ltd

I hate. . .

Bibol: Boy oh boy! I'm sure this kid won't feel a thing if he is slapped on the cheeks. Puff puff things

I hate you he he he he

Bibol: Boy oh boy! I'm sure this kid won't feel a thing if he is slapped on the cheeks. Puff puff things

I hate you he he he he

pekelepekele: Billionaire going to prison is like going to a motel , they'll drink ,eat anything , [/b]sleep with female prison official and prisoners till they serve their term [/b]

In this case, both of the designers are gay. So I'm guessing you mean they'll sleep with other male inmates?

My first daughter - Hermes

[quote author=~Bluetooth][b]Why did he wait till he was appointed a pro-chancellor before making this revelation ? [/b]This is nothing but politics and you should blame yourself for your childrens' failure instead of trying to cover up with the cost implication crap.

No amount of money is too much to spend on education.if you think otherwise,try ignorance[/quote][quote author=~Bluetooth]^^^^ That's all really

Very nice one - made me laugh Very nice one - made me laugh

No 17 is not a good looking child. . Looks like Gollum from Lord of the Rings. .
God forgive me

obadiah777: THICKA DAN A SNICKA

He He He.. I HATE YOU

obadiah777: THICKA DAN A SNICKA

He He He.. I HATE YOU

What exactly makes her controversial? The tattoo? The red hair?

Silly topic titles...

TOPIC BUMP !

190: so does that mean she has no b-r-e-s-ts anymore

what would her husband suck

Left alone, i'll never allow my wife take off her b-o-o-bs cos of cancer


what would i suck

except shes prepared i go outside to suck more b-o-o-bs cos i dont joke with b-o-o-bs at all

i suck atleast 3 per day

And... Seun and mods still allow the likes of these still post ! Despite all his 21 commandments

This is why I hate Nairaland and stopped coming - the double standards !

Very old.

I stopped at 17. I was so scared I'd never stop.
I remember my parents supported me so much. My mom said she stopped late and I would.

I remember the first day of S.S3 (6th form) I just stopped all of a suddent ha ha.

To parents, please support your kid who bedwets. It's a very traumatising period.

Dalu uzor: Worlds' Best Doctors: Indian
Worlds' Best Nurses: Philippines
Worlds' Best Footballers: Brazil
Worlds Notorious gangstaz: Mexico
Worlds' Best Athletes: Jamaica
Worlds' Best Paid workers: Sweden
Worlds' Best Lawyers: UK
World Best Designers: Italy
Worlds' Most Computerized: USA
Worlds' Most Religious: Nigeria
Worlds' Most Militarized: Russia
World Worst place to Live: Somalia
The Best place to Live: Fiji Islands

Not bad lol..

But the highlighted is WRONG !

I love how gay friendly Nairaland is becoming. . . .

I'm male and a feminist (think what you will)

When I heard Beyonce was titling her tour Mrs Carter - I wasn't pleased. I love Bey, but I planned not to support this tour as much as I normally would (I've seen her 7 times in 3 continents).

I made several rants on Facebook about this, till someone called my attention to find Jay-Z's legal name: it's Sean Knowles-Carter! He changed his legal name in 2009 !

Yup, Jay Z took Beyonce's last name. That's mutual respect! That's equality! That's the basis of feminism.

I see nothing wrong in what mother Bey has done, and I would be seeing her 3 times this tour!

Best was - English
Worse - Mathematics

Donna Summer !

This happened right in front of my street. Scary

Also normally the time I leave home (8AM) to get to work at 9AM.

Scary stuff.

[quote author=Mynd_44]I tip when I want to tip and the amount is chosen by me. If you ask me for one, you ain't getting any[/quote]Same here ! Back in Nigeria, once I'm asked for a tip that's the end of that !

semid4lyfe: Seems you've never been in a position where you had to tip to hasten a process and breakdown some bureaucratic red tape

Like when I wanted my transcript, the processing officer told me it'd take about two weeks for it to be ready as the result has to be collated, verified at the department level, lots of pending transcript applications bla bla bla

As a sharp guy, dem no tell me before I arrange the guy N1,000 and he had it done for me in 3 days.

Most peeps won't ask you directly for tips but by their actions and mannerism, they convey it. . .

That's not a tip, that's bribe! Please know the difference.

Definately Temple Run.

Once I started getting Angry Bird cheats on YouTube I got tired of it.

I think human beings are generally obsessed with bad news. It's not peculiar to Nigerians

My Dutch flatmate who was bored this weekend said and I quote "Can't some celebrity die to liven things up".

Another German friend who is a keen cyclist has been following the Lance Armstong drug scandal just for the fun of it.

So yes Nigerians love bad news, but so do other nationalities.

29 - 35.. Women are in their element (except in Nigeria.. where they have had several kids, let themselves go and the sun and damaged everything)

[b][/b]

shymmex: Slavery, colonization, and b1tchazzness.

He He.. I swear this answers all !!

hycebee: And this post made it to the home page. Na wa sha.

Why are people so obsessed with what’s on the front page!

Complaints about this have gotten repetitive and boring. . .

2004: Honda Civic - Sold after 6 Months
2005: Volkswagen Bettle 2002 (Bug): Sold after a year, gave me so many problems
2006: Honda Accord 1999 (Bulldog): Stolen in front of my house. I still have the keys
2007: Honda Accord 2000 (Baby Boy: Sold on nairaland in 2009.

I no longer drive, as I live in Central London. I just passed a UK driving test and rent a car when I'm in the mood to drive to the countryside.

Hi Bwoodlt,

First question - I'm not sure it matters if you have travelled to other EU countries or not, people say it doesn't matter. But I believe it improves your chances. The consular asked what countries have I been to and after I rattled so many he was already tired. If you can get an EU visa before then it might help.

Second question - the usual documents; letter from work or school, school hostel or rental tencancy agreement, bank statement, certificate from school or recipt of school fees paid, passport and any other thing you can think of that will help you - for example I added my NHS card as a tie to UK as I'm not going to leave the UK's free healthcare for the overpriced one of the USA.

As I said in my post the consular did not ask to see one single document. Pay attention to the application you make online as that's what he looks at and dress smart. All the Naija boys in T-shirt and skinny jeans were rejected that day.

Cheers