G. Kennedy Thompson of court a case in which it allegedly laundered over $378 billion in cash and traveler's checks from Mexican drug cartels in the years 2004 - 2006, during Thompson's tenure as CEO. Terms of the settlement included a $110 million forfeiture and a $50 million fine. Thompson was pushed out of Wachovia Bank (WB) on June 2, 2008, as head of the nation’s fourth-largest bank, becoming the latest financial services executive to be ousted amid turmoil in the U.S. housing market. Thompson will not receive any incentive pay for the 2008 fiscal year, but according to a filing with the
National Financial Credit Bank a savings and credit institution to a fully fledged commercial bank. It was founded by an Oshie man from West Cameroon by the name of Awanga , NFCC maintained seven networked branches across Cameroon. National Financial Credit Bank National Financial Credit Bank SA (NFCB) is a commercial bank in Cameroon. It is one of the fourteen licensed commercial banks in the country. NFCB was formed in 1989 as National Finance Credit Company' (NFCC). Since its inception, NFCC functioned as a savings and credit institution. In 2006, NFCC received a full banking license and rebranded to its current name. Upon the