09/07/2018
Ex-Finance Minister Named in $1.2 Billion Ghana Bank Lawsuit
Unibank’s receiver seeks relief for ‘unlawful’ payments
Legal
08/31/2018
Bank deposits insurer KDIC a failure
The spotlight will have been put on one of the darkest holes in our financial sector- KDIC.
08/30/2018
Legg Mason pays $71m to settle Libya bribery case
Global investment manager involved in scheme to secure investments from Libyan officials
08/30/2018
Angola: Legal Jeopardy for the Angolan 'Princess'
International experts say such transactions between shell companies are typical of large-scale embezzlement and money-laundering.
08/30/2018
SA tech entrepreneur charged for fraud in New York amid shocking allegations of how he may have lied and cheated to get money
A SA entrepreneur has been charged for fraud in the US as the authorities there accuse him of stealing almost R9 million from investors in a “massive securities fraud scheme”.
08/29/2018
Grant Thornton chief back after sex allegations dismissed
“Sexual harassment allegations levelled against Mr Badrick have been dismissed in an independent investigation by attorneys Norton Rose Fulbright and he has returned to work,” Ho said.
08/29/2018
Zenith Bank GMD, Peter Amangbo, arrested
Our sources said the top banker was however not allowed to return home on Friday.
08/28/2018
Insurance regulation in Africa - ten things to know about Mauritius
Our Mauritius team contributed to this guide, providing their thoughts on insurance regulation from a Mauritius perspective.
08/24/2018
Carey Olsen advises Lendable on latest Kenyan securitisation
The transaction will enable Watu to grow its capacity across Kenya
08/21/2018
Sweeping changes to Mauritius Global Business Sector
This memo provides an overview of some of the salient changes which may have an impact on our clients’ businesses.
08/20/2018
South African graft probe hearings begin
The probe led by Deputy Chief Justice Raymond Zondo will likely implicate several the African National Congress’s past and serving leaders in what’s widely become known as state capture.
08/20/2018
Banking crisis: Stop crucifying Directors – Kulendi
The Bank of Ghana has set up a special office to investigate its staff whose actions contributed to the collapse of seven banks.
08/17/2018
English High Court Issues Milestone Judgment in Favour of Quantum Global
Quantum Global will now focus on resolving issues in Mauritius and Switzerland
08/13/2018
Israel’s richest woman questioned for hours in suspected Africa bribery case
Shari Arison denies wrongdoing amid suspicions of pay offs to foreign government reps; tycoon released but prohibited from leaving the country
08/12/2018
Fugitive South African lawyers own property in St Ives, Vaucluse, documents show
A Red Notice is not an arrest warrant, but a means of communicating information between international police forces.
08/06/2018
Access Bank Staff in Trouble for Stealing Customers’ N14m
The Chief Magistrate, Mr Tajudeen Elias, granted bail to the accused in the sum of N500,000 with two sureties in like sum.
08/01/2018
Licensing requirements for OTC Derivatives Providers published (and deadline extended)
Together with the Conduct Standard, the FSCA published a notice extending the deadline for applicants to 28 January 2019, affording potential applicants six months to prepare their ODP applications.
07/25/2018
Angola’s sovereign wealth fund and Quantum square off
Angola's new government seeks to sever ties with Quantum Global, a Swiss firm with ties to the Dos Santos dynasty
07/24/2018
VBS heads to court to place Madzonga's estate under provisional sequestration
Madzonga's cars and property are all financed by VBS.
07/19/2018
Innovative law firm opens up South African UCITS market with novel fund registration
This has meant most UCITS are, as they stand, unsuitable for registration in South Africa.