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Global Contagion Report: Securency International

Country: Nigeria

Company Involved: Securency International

Industry: Consumer Services

Industry Subsector: Printing

Official Involved: Charles Soludo, former governor of the Central Bank of Nigeria (CBN)

Enforcement Action: Arrest

Summary: Charles Soludo was arrested by the Economic and Financial Crimes Commission. The charge against him is reportedly related to the Securency International polymer banknotes bribery scam. Securency allegedly bribed bank officials in as many as 12 countries to win banknote-printing contracts.

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