Managers of Wealth Africa

Constitutional Court adopts a tough line against corrupt behaviour

This judgment makes it clear that wrongdoers cannot rely on the Constitutional right to protection from arbitrary deprivation of property

African bank chief accused of multiple violations

The bank staff added: "It looks as if a conscious effort is done by some staff members close to the President to sabotage all attempts by the Ethics Committee to perform its duties."

Benin Ex-Finance Minister Gets 20 Years in Prison for Fraud

As a member of Yayi’s Cowry Forces for an Emerging Benin party, Koutche was considered a possible candidate in Benin’s 2021 presidential election.

South Africa: Corruption Has Crippled SA's Capacity to Fight COVID-19, Lives Will Be Lost - Corruption Watch

He warned that South Africans shouldn't expect corruption levels to drop during the national lockdown as government and the country fight to stop the spread of the novel coronavirus.

We won’t allow anyone to defraud Nigeria over claim of £2.5 billion, says EFCC

Speaking through one Mr. Onyechi Egwuonwu, the 27 lawyers further alleged that the Union Bank induced the EFCC and Jacobs to file criminal charges against their client

Coronavirus Job Listings and Money Laundering Schemes

Scammers posing as a legitimate charity foundation are hiring online customer service representatives that are required to do some groundwork in an initial stage.

Supreme Court of Appeal turns down former Old Mutual CEO Peter Moyo's appeal bid

Old Mutual on Monday hailed the ruling "as another important step forward in ending the litigation" mounted by Moyo against the company.

Grand heist: Multi-million Zisco assets stripped as Mnangagwa is sucked in

Mugano was this week adamant that all assets purported to have been taken over by ZimCoke remain on Zisco’s books.

Luanda Leaks sealed new Cape Verde banking law, minister says

The law will apply to four banks, including Banco Bic Cabo Verde.

Financial advisers 'surprised' by inclusion in PIC report, deny receiving R44 million payment

The report notes that Kleoss, a private equity firm, and Koketso Mabe of Keletso M Squared (Pty) Ltd were in August 2017 appointed joint financial advisers to the PIC in relation to a potential investment by the fund into struggling retailer Edcon Holding

Moyo vs. Old Mutual: Judgment reserved, but ex-CEO's lawyers upset with judge

Mpofu told the court that Old Mutual could not proceed with the appointment of a permanent CEO to replace Moyo

Pam Golding Properties Probed for Allegedly Aiding Money Laundering During Sale

It is alleged that former political leaders and their families were laundering money by investing large sums of illegal monies in properties in South Africa, resulting in the artificial inflation of property prices and skewed market values.

Lawyers on Demand: Changing the Way Legal Work is Done in Africa by Playing the “Scale Game” (By Glenda Irvine-Smith)

African legal clients are demanding a practice model that is swift, cost-effective and transparent

Appleby Global Services Launches in Seychelles

Mauritius and Seychelles are strategically important jurisdictions for our international clients looking for a gateway into African and Asian markets.

Ghana Charges Ex-Finance Minister After Collapse of Bank

The lender was declared insolvent in August 2018 after shareholders and related parties took 5.3 billion cedis in loans and other withdrawals without following due process, the central bank said at the time.

Court Adjourns Ecobank’s Suit against Honeywell Group to June 29

The bank also prayed the court to grant it leave to, “appropriate or otherwise utilise the investments

Ghana Charges Ex-Finance Minister After Collapse of Bank

Sacked Old Mutual boss takes fight to supreme court

After losing his bid to be reinstated as the firm’s chief executive

Ghana's ex-finance minister charged over bank collapse

Another person sued was Johnson Asiama, former deputy governor of the Bank of Ghana until 2018.

U.S., Jersey sign $300 mln Abacha loot repatriation deal with Nigeria

The governments of Nigeria, Jersey and the United States said in a statement they had entered into an asset recovery agreement to repatriate forfeited assets to Nigeria.