03/24/2019
It included about $2.35 billion of financial assets held in U.K. and Mauritius banks, and $1 billion of real estate holdings in hotels, gold mines, farms and resorts in the country and abroad, it said.
03/21/2019
Due to data protection regulations, the bank’s checked with the EFCC to confirm the authenticity of the letter and found it to be a forged one.
03/20/2019
Failure to amend the ambiguous section of the Act will mean a reversion to free-floating interest rates regime, where commercial banks set the cost of loans without reference to any law.
03/19/2019
PwC’s investigation summary noted that a single “senior management executive” led the scam
03/19/2019
The complainant was also unhappy that the second respondent wanted to charge a termination penalty in the region of R307 851.
03/18/2019
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
03/15/2019
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.
03/14/2019
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.
03/12/2019
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.
03/11/2019
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.
03/06/2019
One of the world's poorest nations, Liberia has been struggling with rampant corruption.
03/05/2019
Standard Bank is seeking access to documents the body has compiled on price-fixing in the foreign exchange market
03/05/2019
Two men were arrested in Phoenix on Saturday, and four luxury vehicles - including a BMW M3 and a high-end Land Rover - were seized.
02/28/2019
Forty government negotiators and 30 lawyers in private practice representing public and private organizations across Africa, attended the workshop.
02/28/2019
The FSC considers Cryptocurrencies as being a sub-category of Digital Assets.
02/28/2019
The global investment bank declined to comment.
02/26/2019
The court heard that initial investigations indicated that the companies
02/25/2019
Absa will reverse and refund clients for fraudulent debit orders, the bank said on Sunday.
02/25/2019
The judge said Ms Omollo owns a productive farm that can provide for her family’s needs.
02/22/2019
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.