Managers of Wealth Africa

English High Court Issues Milestone Judgment in Favour of Quantum Global

Quantum Global will now focus on resolving issues in Mauritius and Switzerland

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

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.

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.

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.

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

VBS heads to court to place Madzonga's estate under provisional sequestration

Madzonga's cars and property are all financed by VBS.

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.

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

Legal