02/22/2019
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.
02/21/2019
The commisison’s legal team announced on Wednesday that the bank’s Ian Sinton will testify about its role early next month.
02/21/2019
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.
02/20/2019
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.
02/20/2019
The anti-graft agency had last week approached the court through an ex-parte application seeking a 14-day remand order of Ayeni.
02/19/2019
The initial contractual dispute was first reported by the African News Agency on 22 September 2017. Obaika was suing FirstRand for R1.3 billion at the time.
02/18/2019
On the list were three African countries namely: Liberia, Mauritius and Seychelles.
02/18/2019
The unfolding crisis at the PIC shows just how deep South African President Ramaphosa will have to dig to eradicate endemic corruption and restore the reputation of the govt
02/18/2019
‘’The integrity of the banking sector in Kenya is solid.
02/18/2019
The banks say the firm poses a ‘reputational risk’ for them as clients.
02/18/2019
Victor Obaika accuses the banking group of breaching South Africa’s laws regarding repatriation of foreign currency.
02/15/2019
Locally, Absa, Standard Bank and Barclays are implicated
02/14/2019
She declared the action of the EFCC as illegal, null and void
02/11/2019
By March or early April, the legislation should be in place.
02/08/2019
The charges are for concealing and facilitating, aiding, abetting and benefiting from proceeds of the crimes.
02/08/2019
KCB received a total of Sh800 million with Sh148.3 million being transacted illegally while Equity Bank received Sh886 million, out of which Sh264 million and $58,000 (about Sh5.8 million) was transacted suspiciously by officials of the bank, the DPP note
02/07/2019
The official said Mohamed was being interrogated, declining further comment. Mohamed could not be reached for comment.
02/06/2019
The Commission said it would consider the impact of the order on the ongoing forex litigation with the banks in South Africa.
02/06/2019
The suspect is believed to have lived in the US for about a decade between 2000 and 2010, having emigrated as a refugee from Somalia.
02/06/2019
Hawks spokesperson Hangwani Mulaudzi has confirmed that five of the suspects will appear in court in Pretoria on Wednesday morning