Managers of Wealth Africa

Capital bank case: Court to rule on Receiver’s application Feb. 2020

The receivers of the bank instituted the action against the ten (10) Shareholders and six (6) Directors of the defunct Capital Bank on the 2nd of November 2018.

High Court suspends new CWSK accounts

The activist has accused the Solicitor-General, the Ministry of Labour and Social Protection and the National Treasury, respondents to the suit, of meddling with operations at CWSK and the powers of the registered trustees.

Old Mutual making case before a full bench today

The board has always said that Old Mutual is very keen for this to reach a speedy resolution and we have said we are always open to engagements.

Judgment reserved in Old Mutual case, but Moyo's lawyers say it's 'unwinnable'

Old Mutual spokesperson, Tabby Tsengiwe, said when the board started engaging Moyo about the dividend payment at NMT, he was given numerous chances to state his side of the story.

Equity, CBA lose Sh490m in title deed fraud racket

The court noted that the banks appear to have been caught up in an intricate web spun by a fraudulent syndicate and hatched by the lenders’ mutual customers.

Protect axed Old Mutual CEO and you protect whistle-blowers, court hears

This court must send a message out there, to other whistle-blowers out that the law will protect you.

Old Mutual back in court to appeal against Peter Moyo ruling

The insurer is seeking to overturn a July ruling that temporarily reinstated Moyo as Old Mutual CEO and interdicted a process to replace him

Key Figure in Mozambique Trial Acquitted

Ex-Credit Suisse Bankers Head for Court

Nairobi County sues CBK, taxman over withheld funds

The agency notices were initially issued on December 6, 2016.

Nigerian court orders seizure of Emirates Airlines aircraft worth millions of dollars over $22000 debt

The judge also ordered that Emirates Airlines shall bear the cost of maintainance and custody of the detained aircraft.

Maina’s son withdraws N58m, Dad over $800K in Dubai

The trial judge turned down the application on the ground that it was defective as it did not follow due legal procedure.

"Quincecare” duty arguable in $900m corruption case

The bank applied for summary judgment on the grounds that the terms of the Depository Agreement prevented the implication of the Quincecare duty.

Take note of tactics criminals use to defraud unsuspecting bankers

Just as the festive season sees people relax and become more socially active, criminals utilise this opportunity to exploit human psychology by using malicious social engineering tactics to steal personal or confidential information to defraud people.

Former bankers who stole from Diamond Bank (Access Bank) get jail terms

Fraud within the Nigerian banking sector is not a new thing

UK lawmaker to cast blame on global banks in South Africa Zuma corruption

He has agreed to cooperate even while dismissing the probe as prejudiced.

Libya State Fund Sues Credit Suisse

At the time, LIA demand to see documents in connection with the businessman and four banks, among them Credit Suisse.

Appleby Mauritius Advises and Secures the Legitimate Interests of the Founder of the Vuna Group Before the Supreme Court of Mauritius

The team are experts in the resolution of every type of commercial and civil dispute, whether through litigation or arbitration and alternative dispute resolution.

Legal