2007-02-22 | TED-FEM-GEN-FPC-01-025

Embargo On Foreign Exchange Facilities

An embargo on foreign exchange facilities has been placed on Rahamaniya Nigeria Limited due to unspecified reasons. Authorized Dealers and the Nigeria Customs Service are instructed not to engage in any foreign exchange transactions, including fund transfers, with the company until further notice. Additionally, any approvals granted to the company should be canceled immediately. Lastly, Authorized Dealers are requested to provide transaction details involving Rahamaniya Nigeria Limited for the period from January 1, 2006 to date, to the Director of Trade & Exchange Department.

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fx
sanctions