In a landmark case that has sent ripples across the art market, prominent art dealer Oghenochuko Ojiri was sentenced to two and a half years in prison earlier this month for failing to make disclosures during the course of business, a direct breach of the section 21A of the Terrorism
Art dealer jailed for terrorism offence: a stark warning to all
The case demonstrates the importance of implementing robust procedures to ensure compliance with AML and CTF legislation.