Managers of Wealth Africa

Money laundering claims involving Bridgette Radebe and Botswana former president 'utter fallacy'

The case was postponed this Monday for further investigation.

S.African fraudster tricks credit bureau Experian into handing over data

Experian’s statement did not say what it meant by hardware nor who had impounded it, though it said it was working with law enforcement.

Nigeria pursues appeal in landmark P&ID arbitration case

In addition to the proceedings raised before the High Court, Nigeria is involved in proceedings in the US where it has applied for disclosure of documents from 10 banks which it says will help prove its fraud and corruption claims

Malabu: Adoke demands damages from Malami in London Court

Although it was not immediately clear if the order of the English Court might have effect on Adoke’s trial in Nigeria, the law allows domestication of a foreign court order or judgment.

Namibia: Judgement Reserved in N$1bn SME Bank Lawsuit

In addition, they seek an order that will compel the minority shareholders Metropolitan Bank of Zimbabwe Limited and World Eagle Investments to pay an amount of N$121.4 million and N$20.2 million respectively for the outstanding payment on their sharehold

Government moving to hold onto South Africans’ retirement funds – legal expert

One of the biggest reasons for the formalisation of non-resident status with SARS and SARB was due to the punitive tax regime implemented by government on 1 March 2020

Supreme Court turns down Jirongo's request in Sh50m fraud case

Mr Jirongo told the court that the evidence is credible and had officially been issued by the bank and the Registrar of Companies.

The vindication of Akinwumi Adesina

The panel has absolved Adesina of any wrongdoing in respect of every single one of the 16 charges. I have read every line, sentence and syntax of the final report.

Magu: Why Dauda Lawal appeared before Salami panel — Lawyer

The EFCC had frozen Lawal’s accounts and applied for the permanent forfeiture of his funds which the ex-banker challenged. Read more: https://www.dailytrust.com.ng/magu-why-dauda-lawal-appeared-before-salami-panel-lawyer.html

Retired workers charge NNPC to obey decision on harmonised pension

The trial judge while delivering judgment in the suit filed by REMANSON against NNPC and NNPC Pension Fund Limited, ordered the corporation to harmonise the claimants’ pension and pay them their benefits within 90 days.

Ex-BEE partners of African Bank seek ConCourt aid in R2.1bn claim

The common law should develop to recognise claims of this nature to ensure the fair treatment of shareholders by acknowledging the loss suffered by them, and to prevent injustice, Diaan Ellis, who is a director of Faber Goertz Ellis Austen Inc, wrote.

Former Nedbank chief legal counsel launches South African law firm Maphosa Attorneys

Founder Jonathan Maphosa was also previously deputy GC at South Africa's central bank

Fugitive Bobroff attorneys' ex-secretary jailed on multiple charges of fraud and theft

The RAF said the money was paid out, but according to City Press, declined to investigate further.

Unibank lawyers lament over document legibility

The court further directed the prosecution to make available all the documents the lawyers were demanding.

Unibank lawyers lament over document legibility

Other lawyers informed the court that they had also not been served with some of the pre-trial documents filed by the state on July 10, this year.

Panel Indicts 15 Persons over Missing N5.778bn Pension Fund in Niger

“Government will not take responsibility for this money. Those involved must pay back the money, it is peoples money,” Ahmed declared.

6 arrested for hacking software of universal bank to steal ¢46 million

The cyber hackers allegedly logged into the banking software of the bank remotely and used the login credentials of some members of staff of the bank

Court ties dos Santos to ‘fraudulent’ diamond deal as Portugal further freezes out billionaire

An Angolan court says the deal between the country’s diamond company and Isabel dos Santos’ husband was harmful to average Angolans.

Court Dismisses N5bn Libel Suit against THISDAY, Diamond Bank

The plaintiff had in 2015 sued THISDAY and Diamond Bank, which has now merged with Access Bank Plc., at the High Court of the Federal Capital Territory (FCT) for allegedly defaming him when they included his name in a publication of a list of debtors to t

Nigerian Influencer Ramon ‘Hushpuppi’ Abbas, Accused By FBI Of Money Laundering, Is Denied Bail

The primary allegation leveled by the FBI is that Abbas was part of a network that made “hundreds of millions of dollars” from business email compromise frauds and other scams.

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