08/19/2019
Amalgamation and Migration Under Mauritius Law
This article endeavours to highlight the often forgotten concepts of amalgamation and migration
Legal
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.
08/12/2019
Ramaphosa Gets Interdict in South African Campaign Funding Probe
Ramaphosa says banks records may have been illegally accessed
08/12/2019
South Africa’s corruption watchdog back in court
Calls for dismissal of public protector amid concerns over competence and neutrality
08/08/2019
Zimbabwe: Top Chinese Bank Places Zimbabwe On Sanctions List
China Everbright Bank is one of twelve Chinese joint-stock commercial banks.
08/08/2019
Congo president’s son accused of diverting $50m into secret companies in fresh investigations
The money-laundering scheme said to have been used by Sassou-Nguesso
08/05/2019
Mkhwebane says she shouldn’t have to pay for ‘mere legal errors’ – report
Mkhwebane was quoted as saying it appeared there was a serious oversight that judges
08/05/2019
Old Mutual in court bid to block CEO reinstatement
Urgent application filed at Johannesburg high court
08/02/2019
Judge quashes CMA’s ban
Mr Munir said the fine and office ban was biased
07/30/2019
Dark web criminal bought 'quadrillions of Zimbabwe bank notes'
The purchase is thought to have been part of a wider money laundering scheme
07/30/2019
D-Day for Old Mutual and former CEO Peter Moyo
He claimed that Manuel did not pay due diligence to corporate governance.
07/29/2019
Zimbabwe tourism minister charged with corruption over pension fund
Mupfumira is also accused of leaning on the pension fund to enter into property deals with the same bank worth $15.7 million.
07/29/2019
Toyota Kenya sued for breaking rate ceiling in car loans
“Toyota Kenya Ltd, by virtue of ownership strings, must take responsibility for the same after compelling our clients to use Tsusho Capital Ltd as financiers,” says Cofek in court papers.
07/29/2019
Joint Press Communique on the “Mauritius Leaks”
The Government of Mauritius has taken cognizance of the information averred by the ICIJ in the articles, which were illegally obtained and tampered with, and of the allegations which are of a serious and malicious nature, and factually incorrect.