Managers of Wealth Africa

Pension Funds profiteer at expense of members’ benefit, says PFA

The complainant was also unhappy that the second respondent wanted to charge a termination penalty in the region of R307 851.

Why top bank officials may not go to jail over NYS fraud

The DPP had earlier last month said the DCI investigations had determined that the lenders — Standard Chartered Bank-Kenya, KCB, Equity Bank, Diamond Trust Bank (DTB) and Co-operative Bank — suspiciously transacted the amounts and neither did

Kenya court axes banking rates cap, suspends implementation for a year

In March 2018, the central bank said the cap had probably cut 2017's estimated economic growth rate by 0.4 percent because it throttled credit to small and medium businesses.

Zedcrest Capital gives update on EFCC case involving its MD

Consequently, the EFCC made efforts, last year, to contact Mr Edenya. On several occasions, officials from the anti-graft agency reached out to Zedcrest Capital (his previous employers) to assist with the investigation.

Access Bank reacts to fraud charges against its CEO, others

the bank made financial provision for a customer — Metal Steel Products Limited — to import billets and other machinery used for the expansion of the customers’ factory.

Access Bank Managing Director, Wigwe, Others Charged With N2.5billion fraud

Wigwe and other defendants were also alleged to have obtained the sum of N2,572,500 billion, from Africa Steel Mills Limited by false representation that they were the owners of the said steel billets.

Liberia's 'missing millions': Charles Sirleaf charged

One of the world's poorest nations, Liberia has been struggling with rampant corruption.

Competition Commission asks top court to keep information from companies

Standard Bank is seeking access to documents the body has compiled on price-fixing in the foreign exchange market

Former bank employee implicated in vehicle-finance scam

Two men were arrested in Phoenix on Saturday, and four luxury vehicles - including a BMW M3 and a high-end Land Rover - were seized.

African Legal Support Facility trains African lawyers on negotiating deals in key economic sectors

Forty government negotiators and 30 lawyers in private practice representing public and private organizations across Africa, attended the workshop.

Mauritius Government prioritises regulation of technology sector

The FSC considers Cryptocurrencies as being a sub-category of Digital Assets.

Mozambique files case against Credit Suisse in London's High Court

The global investment bank declined to comment.

Tycoon's accounts frozen with billions inside

The court heard that initial investigations indicated that the companies

Absa to reverse and refund on fraudulent debit orders

Absa will reverse and refund clients for fraudulent debit orders, the bank said on Sunday.

Ex-PS Lillian Omollo denied access to millions, told to adjust

The judge said Ms Omollo owns a productive farm that can provide for her family’s needs.

Court Sentences Man Over Alleged Pension Fraud

According to the commission, it was alleged that the then management of the bureau conspired with the consultant to steal pension fund through enrolment of ghost pensioners.

Top law firm allows bank to sell property in multi-million shillings dispute

In the first case, DBK stated that the law firm was both its customer and external legal representative before it stopped banking with them after taking a loan of Sh60 million to bail out former Lugari MP Cyrus Jirongo from financial distress.

Standard Bank to testify at Zondo Commission about suspicious Soe Transactions

The commisison’s legal team announced on Wednesday that the bank’s Ian Sinton will testify about its role early next month.

Absa Said to Court S. Africa Central Bank's Mminele as CEO

The country’s third-largest lender is seeking a permanent replacement for Ramos, who is stepping down later this month after a decade in charge.

Former Vhembe Mayor Radzilani Out to Clear Her Name in VBS Saga

Florence Radzilani was named in The Great Bank Heist report as having received R300,000 as a Christmas gift after her municipality deposited the money into VBS bank.