08/28/2019
'Old Mutual is in contempt of court,' says Peter Moyo's lawyer
After the Johannesburg High Court ordered Moyo be reinstated to his position as Old Mutual CEO with immediate effect, the insurer fired him again last week.
Legal
08/27/2019
GIPF CEO to engage Office of the Prosecutor General
The Fund will further engage with its members and other stakeholders on this matter,” read the statement issued by the office of the CEO at GIPF.
08/27/2019
Liberia ex-central bank staff plead not guilty to corruption
What exactly happened to the money remains unclear
08/26/2019
Bobroffs: Former lawyers lose millions
The Bobroffs fled the country in 2016 before they could be arrested on charges of fraud, theft and offences under the VAT Act.
08/25/2019
US names Nigerians in massive fraud investigation
The US authorities have charged 80 people, "most of whom are Nigerian nationals", with participating in a conspiracy to steal millions of dollars, prosecutors say.
08/23/2019
First of its kind: FBI arrests scores of Nigerians for wire fraud, BEC scams
Six other defendants are believed to be fugitives in the U.S. and the others are abroad, mostly in Nigeria.
08/23/2019
Israeli tycoon faces trial in Switzerland on corruption charges
The prosecutor’s office said last week that the charges include the corruption of foreign officials and falsifying documents.
08/22/2019
uniCredit sues BoG over revocation of licenses
The BoG report also said uniCredit’s adjusted capital adequacy ratio of negative 97.83% as of the end of May 2019 was in violation of Section 29(2) of Act 930.
08/22/2019
Zimbabwe ex-Vice-President Phelekezela Mphoko in court for corruption
On Tuesday, his lawyer Zibusiso Ncube said the former vice-president feared being detained and poisoned and called the claims that he was on the run “sensationalist”.
08/21/2019
South Africa sees new direction for Hogan Lovells
The firm recently saw former head of mining Warren Beech, leave to join Eversheds Sutherland with his team
08/21/2019
Andersen Global Enters Zimbabwe
Zenas was founded in 2015 and now has a team of 11 professionals who provide legal services to individuals, organizations, institutions and corporations.
08/21/2019
Regulation on foreign investments flouts the rule of law
Finance minister exceeded his powers with subregulation in Pension Funds Act
08/19/2019
Amalgamation and Migration Under Mauritius Law
This article endeavours to highlight the often forgotten concepts of amalgamation and migration
08/19/2019
Mauritius: Enforcement of Arbitral Awards
The legislative framework pertaining to the enforcement of an international award is derived from two pieces of legislation and a rule of the Mauritian Supreme Court
08/16/2019
Moyo and Old Mutual back in court as legal battle escalates
The financial services giant suspended Moyo in May and axed him in June
08/16/2019
EFCC gets court approval to freeze 2 accounts linked to Nigerian student abroad
The Judge ordered that the two bank accounts be frozen for 40 days pending the conclusion of the commission’s investigation.
08/15/2019
Moyo vs. Old Mutual: 5 reasons why the corporate warfare continues
Moyo’s legal team will meanwhile argue that it was an interim ruling and notice to appeal does not suspend the order, meaning that Moyo is entitled to return to work immediately.
08/15/2019
Steinhoff corporate fraud beyond what anyone envisaged, inquiry hears
The PIC had provided a loan of R9.35bn Lancaster needed to acquire a 3% shareholding in Steinhoff.
08/14/2019
Sh41 Billion Tax Evasion: Wanted Kenyan Tycoon Humphrey Kariuki Traced in London
Kenyan prosecutors will this week be seeking an international arrest warrant for Kariuki
08/12/2019
Nedbank fires 28 tellers over US$1m fraud
They would pocket the difference in the six-month period to March this year at a time when US dollar and RTGS balances were pegged at 1:1.