Money Laundering (Prevention and Prohibition) Act 2022 sets the cash-transaction limit for individuals at:
A₦100,000
B₦500,000
C₦5,000,000CORRECT
DUnlimited
CIBNBanking Law
AI
Toaster Teacher
Why the answer is C, and why the others tempt you.
MLPPA 2022: ₦5,000,000 for individuals and ₦10,000,000 for corporates; amounts above must go through financial institutions.
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