Managers of Wealth Africa

Why Looted Assets Are Difficult to Recover

Magu stated that Africa has come to the realization that one person, continent, agency or country alone cannot fight corruption and win

Well-known financial advisor Thomas Stringfellow arrested

Hands himself in over missing client money. P

ANC accused of pressuring public pension fund for money

Former chief said ruling party wanted cash for annual rally

South Africa: Mkhwebane vs Reserve Bank - No Sign of Life At the ConCourt

The Gauteng High Court in Pretoria earlier delivered a scathing judgment when it set aside Mkhwebane's findings against Absa and the SARB.

Nigeria court orders former minister forfeits $40m jewelry

On Tuesday the court also ordered former first lady Patience Jonathan, wife of Goodluck, to forfeit $33 million in local and hard currencies that was in her bank account after she failed to explain its source.

Old Mutual to oppose Moyo's bid for reinstatement

Old Mutual is an investor in that company.

Old Mutual to file court papers against Moyo’s bid for reinstatement

Moyo has turned to the courts in an attempt to be temporarily reinstated as CEO and to claim damages

High Court bars Ngirita siblings from accessing money in KCB accounts

Phyllis Njeri Ngirita, Lucy Wambui Ngirita, and Jeremiah Gichina Ngirita were named as respondents in the case with two companies – including Platinum Credit Limited – being named as interested parties.

Sassa stops payments to 2‚800 bank accounts over fraud claims

The instruction had been put on 2‚200 accounts from different banks and 600 from the South African Post Office (Sapo) nationwide‚ it said.

N450m fraud: Court admits Fidelity Bank evidence against ex-minister, others

He is facing trial alongside Mohammed Kadai, a former state Commissioner for Integrated and Rural Development, Abba Gana Tata, Muhammad Mamu and Hassan Ibn Jaks.

Jersey gives conditions for return of N82bn Abacha loot

The money was kept in accounts held by Doraville Properties Corporation

Privy Council Upholds Decision of The Supreme Court of Mauritius

As a result of the determination of the Industrial Court, the Respondent’s claim for unjustified termination of employment was denied.

Competition Authority of Kenya Launches Online Case Management System

The Authority has however urged parties to make use of the CMS going forward.

Employer Liability For Misuse Of Private Information By An Employee

The data included names, addresses, phone numbers, national insurance numbers and bank account details of all the employees.

67-year-old Nigerian Woman Hacks First Bank Account, Steals N16.2 Million

George Nwosu, the prosecution counsel, said Oluloye committed the alleged offences between last October 16 and December 31, at First Bank’s Agidingbi Branch, Lagos.

Centurion Law Group announces intention to pursue Public Listing

This represents a natural step for Centurion given the group’s strong market share within the oil & gas sector in sub-Saharan Africa and its increased activity

FIFA Vice President Detained by the French Police

FIFA confirmed that Ahmad had been detained but said in a statement that it was “unaware of the details surrounding this investigation and is therefore not in a position to make any comment on it specifically.”

SA billionaire Patrice Motsepe sues Botswana newspaper

It claimed the founder and chairman of African Rainbow Minerals donated money to Dr Pelonomi Venson-Moitoi’s campaign ahead of the decisive elective conference held last month.

'Nedbank, Regiments fraudulently benefitted from Transnet'

The commission of inquiry into state capture has heard how Gupta-linked fund management company Regiments benefitted from an agreement between Transnet and Nedbank.

Norton Rose Fulbright Expands African Footprint With Two New Alliances

Norton Rose Fulbright is very active on the continent.

Legal