Managers of Wealth Africa

Officers’ horror as audit includes lie detector test

So dreadful is the operation that some of those who have undergone the exercise are reportedly contemplating resigning altogether

‘Dishonest’ bankers liable over Libya deal, judge rules

The law suit claimed that Mr Marino plundered the Libyan sovereign wealth fund for millions of dollars in secret commissions.

$15.5m Fraud: Court Dismisses Application to Reverse Patience Jonathan’s Companies’ Guilty Plea

Moving his motion seeking to set aside the companies conviction, Ozekhome said they were convicted “in gross violation” of the 1999 Constitution, which he said occasioned a miscarriage of justice.

How Ethiopia Can Repatriate Stolen Billions Of Dollars

Banks and law professionals profit from these protracted and complex processes to make huge profits at the expense of the money needed for development and the enjoyment of all human rights in the affected countries.

Switzerland returns $1.2bn looted from Nigeria

Mr Mayoraz praised Switzerland's contribution to the anti-corruption campaign of President Muhammadu Buhari.

Be on the lookout for Phishing, Vishing and SMishing scams

SAPS explains the difference between Phishing, Vishing and SMishing scams and offer helpful tips to avoid each scam.

Billionaire no Kenyan bank wants to touch

Mr Kinyanjui first ran into trouble with the anti-money laundering agency three years ago when investigators told the court of his suspected links with a network of US, Nigeria and South Africa-based individuals believed to have been helping him move larg

Nairobi Tycoon Samuel James Kinyanjui That No Bank Will Serve

The directive has seen him file a petition with the court seeking for orders to stop the BFID and the police from blacklisting him.

Barclays wins first round in fight for Absa name

ABSA Kenya will now have to await completion of the case to know whether Barclays will be stopped from using the name locally.

Uganda wants case on frozen bank accounts dismissed

Ismail Dabule had sued the Ugandan government on his behalf and on behalf of 104 account holders in unspecified banks, demanding release of their funds

No law for inheritance of digital assets or property, Judiciary reveals

Last year, mobile phone operators handed Sh500 million in mobile money deposits whose owners were not found.

Fidelity boss in the eye of audit storm

Java, according to sources, rejected a brand new 2017 Mercedes Benz GL that had been ordered for his predecessor, the late Simon B Chapereka.

Nigeria: Malabu Scandal - How Etete Bought Luxury Dubai Properties With Funds

It is said to be one of the biggest trials in corporate history

Bank accounts frozen in NYS crackdown

The court issued the freezing orders following an application by Asset Recovery Agency investigating officer Frederick Musyoki.

SA Bank set to seize James Makamba’s mansion in South Africa

he disclosed that he fled after former President Robert Mugabe threatened to kill him on suspicion of having an affair with former First Lady, Grace Mugabe.

SA police raid bank in Zuma probe

Zuma and the Guptas deny wrongdoing.

A new investigation shows the scale of illicit financial flows out of West Africa

In the hope of becoming more attractive to investors, the 2004 treaty was primarily set up to avoid taxing multinationals twice in each country.

State capture investigation heats up as Bank of Baroda raided by Hawks

The team will be scouring the offices for any documents which can be used against the Gupta brothers, who were frequent and loyal users of the bank.

Romance scams triple in Hong Kong as African masterminds recruit in Asia

In first four months of the year, 159 locals lost nearly HK$100 million in such cases

Kenya to probe 10 banks over public fund theft case

The list of lenders included the East African country's biggest bank by assets, KCB Group, and Standard Chartered's Kenyan business.

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