10/16/2019
Ex-Credit Suisse Bankers Will Testify in Mozambique Bribery Case
Detelina Subeva, who worked for Pearse, will also testify for the U.S., according to a person with knowledge of the matter who asked not to be identified.
Legal
10/16/2019
Mozambique: Ex-CS bankers appointed as witnesses
They appear in the trial of Jean Boustani as a witness, a former manager of a company in Abu Dhabi, which is alleged to have threaded the delicate billion deal for a tuna fleet in Mozambique.
10/16/2019
The implications of OFAC sanctions on the Guptas
It is important to note that neither the Guptas nor Essa have been found guilty of any crime by a court.
10/14/2019
Bashir's billions and the banks that helped him: Sudan fights to recover stolen funds
A new government and civilian campaigners are determined to fight western banks who helped Sudan's former government embezzle billions
10/11/2019
Hawks spokesperson Hangwani Mulaudzi says the investigation into the alleged mass looting of the bank is very complex.
Hawks spokesperson Hangwani Mulaudzi says the investigation into the alleged mass looting of the bank is very complex.
10/10/2019
Capital Bank CEO, MD sued for 'stealing GHS100m', 'money laundering'
Count two is abetment of crime, namely, stealing contrary to section 20 (1) and 124 (1) of the Criminal Offences Act 1960 (Act 29).
10/09/2019
UK court allows Nigeria's $875 million case against JPMorgan to proceed
Tuesday’s decision upheld a February ruling from a lower court.
10/09/2019
CMS acquires law firms in South Africa and Kenya
South Africa and Kenya are both sizable economies, but they’re also gateways into other sub-Saharan markets.”
10/09/2019
Old Mutual Confident of Overturning Ruling on Moyo's Return
The company also filed papers at the Johannesburg High Court on Tuesday, denying that it’s in contempt of court by barring Moyo from resuming his duties.
10/01/2019
Supreme Court of Appeal rules against SASSA and CPS regarding 2014 implementation cost recovery
As previously disclosed by the Company in June 2014
09/27/2019
Court dismisses Bank of Ghana case against uniCredit, fines the central bank GH¢3000
The Vacation Court in Accra, Ghana has dismissed an application by lawyers of the Bank of Ghana (BoG) seeking the court to strike out uniCredit case challenging the BoGs letter revoking its operational licence.
09/27/2019
KCB staff fraud nearly triples as 894 cases reported
The spike in fraud cases came in the year that Kenya’s most profitable lender with Sh537 billion in deposits trained 4,500 employees in anti-money laundering and fraud.
09/24/2019
State cites money laundering links to tycoon Kariuki firms
ASL is facing a Sh41 billion tax evasion case alongside Mr Kariuki
09/24/2019
Equity Bank among lenders fined in Tanzania for breaching anti-money laundering laws
The Bank of Tanzania wishes to remind all banks and financial institutions to ensure compliance with laws, regulations
09/19/2019
A remarkable judgment that will have a huge impact in South Africa
The law permits State surveillance and prescribes the conditions for law enforcement agencies to engage lawfully in targeted surveillance
09/18/2019
Court set to issue warrant arrest against Access Bank MD
Aside Offiong and Access bank, which has been represented by one Robert Imowo, the other defendants have not been present in the court since the commencement of the trial.
09/13/2019
Clyde & Co wins Specialist Law Firm of the Year in Africa
Global law firm Clyde & Co was named 'Specialist Law Firm of the Year' at the African Legal Awards 2019 hosted in Johannesburg last week.
09/12/2019
Six African nations sign up to post-Brexit UK trade deal
The UK is one of South Africa's largest trading partners, with bilateral trade valued at about $9.5 billion in 2018.
09/12/2019
Dentons intends 5-way Africa expansion
We are building a Pan-African law firm through whole firm combinations
09/11/2019
Hundreds arrested US-Nigeria crackdown on cyber scams
Along with 74 arrests in the United States, 167 people were arrested in Nigeria, 18 in Turkey and 15 in Ghana.