Business
ICPC Hunts Chinese Banker Linked to Money Laundering, Declares Him Wanted
has repeatedly failed to honour invitations extended to him
Nigeria’s anti-corruption agency, the Independent Corrupt Practices and Other Related Offences Commission (ICPC), has declared a Chinese national, Zichao Qiu, wanted in connection with an ongoing investigation into alleged corruption, money laundering and related offences.
In a notice issued by the commission, Qiu, born June 30, 1993, was identified as a signatory to the bank account of Fortunetech Limited, following his appointment by the company’s board on July 24, 2024.
Investigators say his role became central to inquiries surrounding financial transactions linked to the firm.
The ICPC said Qiu has repeatedly failed to honour invitations extended to him during the course of the investigation, prompting the decision to declare him wanted and seek public assistance in locating him.
His last known telephone number was also released as part of the notice.
The development underscores growing regulatory scrutiny of financial flows involving corporate entities and foreign nationals, particularly as authorities intensify efforts to curb illicit financial activities and strengthen compliance within Nigeria’s financial system.
Members of the public with information on Qiu’s whereabouts have been advised to report to the ICPC headquarters in Abuja, any of its state offices, or the nearest police station.
The commission also provided dedicated telephone lines, a WhatsApp contact and an official email address for tips, assuring that all information received would be treated with strict confidentiality.
The statement was signed by the commission’s spokesperson, J. Okor Odey.
