09/04/2017
FIC fines Bank of Baroda for flouting anti-corruption laws
The bank bent backwards to make Tegeta deal happen, documents show.
Legal
09/04/2017
Significant increase in whistle-blowing
Corruption cannot be effectively tackled without an active citizenry willing to blow the whistle.
09/03/2017
Gupta scandal claims scalp of Bell Pottinger chief
Probe into PR firm’s work for leading South African family set to be published
08/29/2017
Euro Africa Group director testifies at commission
The vehicles, he testified, were sold but they did not have anything from the Office of President or the Ministry of Tourism, which bought the vehicles.
08/29/2017
Standard bank fights Competition Commission
The tribunal initially proposed the that the hearing be held together over two days.
08/28/2017
Block Guptas before billions in public funds disappear to Dubai - SACP
The meeting was the first to be held after the ANC policy conference and the SACP elective conference in July.
08/25/2017
Diezani, seven ex-governors, others to lose Dubai assets
The ratification of the six agreements between the two countries delayed the seizure of the assets, The Nation learnt yesterday.
08/25/2017
Guptas may have to answer to the United Kingdom for alleged money laundering
The UK has jurisdiction to investigate the matter as money laundering is a cross border international offense.
08/21/2017
Gordhan ruling brings into question legality of IMC
It is not appropriate for a member of the national executive to draw the judiciary into the exercise of his executive functions as evidenced in this application.
08/21/2017
Standard Bank prepares for R60M class action lawsuit
Banking giants FNB, Absa, Nedbank and Standard Bank could soon face the R60 billion class action lawsuit for selling distressed properties at a fraction of their cost.
08/19/2017
South Africa’s competition watchdog probes high data costs
Analysts say the small pool of service providers, combined with slow implementation of policy by government and insufficient infrastructure have hampered competition.
08/18/2017
Hogan Lovells flexes financial muscles
Hogan Lovells was involved, in July, in advising Proparco, a subsidiary of the Agence Française de Développement, in relation to a trade finance loan facilitation programme worth USD 50 million for pan-African banking group Ecobank.
08/17/2017
Stock broker charged with Sh47m fraud
According to Kestrel Capital investigators, the theft was allegedly executed between 2013 and 2015.
08/17/2017
South Africa’s Gupta firms sue Bank of Baroda to try stop account closures
No other bank has agreed to offer them alternative banking services.
08/15/2017
Bell Pottinger summoned before disciplinary committee over South Africa
PR agency Bell Pottinger will face the public relations and communications association (PRCA) disciplinary committee over charges stemming from its work in South Africa.
08/09/2017
Governor sets up committee to probe missing pension funds
The misappropriation of the benefits of workers who have worked hard and saved for the rainy days.
08/09/2017
TSA breach: FG withdraws suit against seven banks
Chuka Obiozor, a judge of the federal high court, Lagos, had earlier ordered the banks to remit the various amounts allegedly kept in their custody to the designated CBN
08/09/2017
Nigeria seizes ex-oil minister's luxury apartments
She is currently on police bail in London after being arrested
08/07/2017
Appleby successfully appears before the Mauritius Industrial Court in its historic order of USD 3,000 as security for costs
Appleby appeared for the defendant in the Van Hoeken case and was represented by Sharmilla Bhima (Counsel) and Dushyant Ramdhur (Senior Associate).
08/07/2017
Law must take its course on SME Bank directors
True information only came to the fore after the executives were subpoenaed to make statements by the NPA.