11/22/2017
Libyan Fund Scores Win In Bid To Use SocGen Dispute Docs
The Libyan Investment Authority, or LIA, has settled legal action with the French bank over claims that it lost more than $2 billion because of bribes linked to trades.
Legal
11/20/2017
Development Bank alerts public on fake schemes
The bank only recently commenced lending activities with N5 billion earmarked for disbursement through three microfinance banks.
11/18/2017
Mugabe’s $1B fortune exposed
Local media reports suggest a small part of his fortune was reaped from Zimbabwe's diamond deposits.
11/15/2017
Ex-Nigerian judge arrested for alleged N220 million fraud
The matter was referred to the commission after it had been reported to the National Judicial Council which had constituted a committee to investigate the allegations.
11/12/2017
Deloitte, Directors In The Dock For African Bank’s Failure
The Empowerment Partners Of The Collapsed Bank Are Making A Case For Personal Liability
11/12/2017
ConCourt Orders Sassa To Reveal All Information, Plans
Sassa Is Also Directed To Provide Monthly Progress Reports To The Court After Filing Its Plan
11/12/2017
St Kitts and Nevis announce diplomatic ties with Mozambique
Going forward St Kitts and Nevis and Mozambique have an opportunity to build greater people-to-people links and government-to-government partnerships.
11/08/2017
SocGen investigated over possible French anti-corruption law breach connected to Libyan Investment Authority
Earlier this year Societe Generale agreed to pay nearly EUR1bln ($1.1bln) to settle a long-running dispute with the Libyan Investment Authority.
11/08/2017
FBI Investigates Banks Involved in Mozambique Loans
In addition, according to the report, the US Justice Department is probing whether the firms helped Mozambican officials borrow more than the economy could reasonably repay.
11/06/2017
UK lawmaker calls for probe of accounts linked to South African President Zuma
Peter Hain alleges UK banking links to associates of Zuma amid global money laundering conspiracy
11/06/2017
Allen & Overy: Banking, Finance and Restructuring Team of the Year
The firm was able to build on existing relationships with legal counsels in the jurisdictions where the power projects were located to provide pertinent local advice.
11/03/2017
Pension fraud: Maina still hiding in Nigeria
Finding by Vanguard indicated that of the eight numbers frequently used by Maina, all of them now report the same message
11/01/2017
Absa boss murdered at Stellenbosch home
No one has been arrested so far.
11/01/2017
African Legal Awards Junior Corporate Counsel of the Year: Morwesi Mashego, Barclays Africa
With no previous experience in the field
10/30/2017
Old Mutual right to fire 'deceitful' former envoy
Argumentative and illogical in giving his evidence to the court.
10/30/2017
Maina: Prominent Nigerians Named Beneficiaries of Fresh N17bn Pension Scandal
They used the guise of phantom biometric verification to perpetrate the act.
10/30/2017
EFCC finds £6m pension cash in UK bank
A former chairman of EFCC allegedly collected funds for a foreign trip from Maina.
10/30/2017
Equatorial Guinea: President’s Son Convicted of Laundering Millions
French Court Orders 3-Year Suspended Sentence, Seizes Assets
10/28/2017
SAP overhauls sales practices as it faces US probe on S Africa
It is a major supplier of corporate compliance software designed to control sales practices.
10/27/2017
ASIC flags legal action against Rio Tinto over alleged Mozambique fraud
"The current investigation is well progressed. All enforcement options are on the table," Mr Medcraft said.