A Prosecutor with the Economic and Financial Crimes Commission, Bilikisu Bala, on Monday, said the money laundering charges dropped in the trial of Idris Okuneye (a.k.a Bobrisky) complied with the Administration of Criminal Justice Act.

The TD Bank (TD) is close to a plea deal over criminal charges related to its U.S. retail unit's alleged failure to take steps to prevent money laundering. Read more here.

U.S. prosecutors have alleged that TD was reckless in failing to build and maintain systems that flagged and prevented money-laundering.

TD Bank is close to a possible guilty plea to criminal charges that its U.S. retail bank failed to curb money laundering tied to Chinese crime groups and illicit fentanyl sales, the Wall Street Journal reported on Friday.