Managers of Wealth Africa

Fraudster fleeces Nigerians on Facebook with ponmo scheme

Our correspondent got the contact of at least six of his victims, who lost sums ranging from N10,000 to N52,000.

Under-fire African Development Bank boss facing new graft probe

Nigeria, whose stake makes it the bank's biggest shareholder, has made little secret of its support for Adesina.

Swiss Probe Mozambique-Credit Suisse Scandal

ome of them allegedly landed in accounts controlled by Franco-Lebanese billionaire Iskandar Safa.

SA Reserve Bank must release apartheid-era records, court rules

SAHA describes the ruling as a tremendous victory for democracy

Nedbank, Rand Merchant Bank join 28 banks charged with rand manipulation

"The banks must file their answers to these charges, which have now been further substantiated. These charges will not go away," Commissioner, Tembinkosi Bonakele said.

The African movement tracking coronavirus cash corruption

As cases of Covid-19 rise across Africa, international aid is flooding in but there are fears that some of the funds are misappropriated

Kenyan elite accused of stashing Sh320bn abroad

In Kenya, Sh136.2 billion was in bank havens that are secretive and have less regulation, providing a perfect cover to conceal the money trail.

Kenya’s elite cart away Sh328bn of World Bank aid

The study compared data on aid disbursements from the World Bank with foreign deposits from the Bank for International Settlements (BIS), focusing on 22 aid-dependent countries including Kenya, Uganda and Tanzania.

GT Bank Liberia Reputation Questioned, For Allegedly ‘Stealing Monies’ From Ex-President Sirleaf Son’s Accounts

This latest action on the alleged part of the GT Bank Liberia brings to several others who have complained that their accounts were illegally tempered with without redress from the management of the bank as to what gave rise to such action at the bank.

Bureau-de-change operator bags 7 years for fraud

He said the convict had pleaded not guilty to charges

P&ID: FG may file fresh charges against Diezani

The Nigerian government said the 10 banks are “likely to have processed US dollar transactions connected to P&ID’s operations as either correspondent banks or the New York branches of foreign lenders.”

Billionaire Isabel Dos Santos Calls For Assets To Be Unfrozen—Points To Fake Passport Signed By ‘Bruce Lee’

False documents and false statements have been deliberately brought before the court

Appleby Mauritius Advises and Protects the Interests of Minority Shareholder Amidst Shareholder Dispute

Appleby Mauritius advised the Applicant, a minority shareholder which holds stakes in a joint venture company, invested in the transportation of crude oil and other oil products in Africa.

South Africa: Guidelines to monitor and manage employees with symptoms of COVID-19 and related infections

Employers should take heed of the Department of Health Guidelines

Mauritius Minister of Finance, Economic Planning and Development issues regulations under the Mauritius Companies Act 2001 and the Insolvency Act 2009

The passing of regulations of the nature outlined above by the Government of Mauritius

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