03/24/2017
The convicts who were the 4th and 5th defendants amongst other former bankers standing trial in the ongoing CBN N8bn currency mutilation scam opted for a plea bargain hence, they were convicted accordingly.
03/23/2017
The creation of a dedicated market conduct regulator under the twin peaks model of financial regulation would strengthen the regulation of market conduct.
03/20/2017
The US government is looking at raising the minimum investment amount to $1.35m, notes Wolfsdorf.
03/17/2017
They are having police file containing the statements and that is why I cannot supply the defence with the statements.
03/16/2017
Scandal involving currency fixing and lending practices contributes to uncertainties amid recession and worsening economic crises
03/15/2017
The alleged offence is punishable under Section 15 (3) of the same Act. Counsel to ICPC
03/14/2017
Chairman Yunus Carrim acknowledges progress since 1994, but calls for ‘more effective transformation consistent with the country’s needs"
03/12/2017
During further cross-examination by Ajumogobia’s counsel, Olawale Akoni, the witness told the court that the maximum amount expected to be paid into a dollar account per day was $10, 000
03/10/2017
Closed Interfin Bank Ltd will have to fork out US$26 million to controversial businessman Jayesh Shah’s Al Shams Global BVI Ltd.
03/08/2017
Within two months, withdrawals amounting to some N$69,8 million were made in the period between October 13 and November 8, 2016.
03/07/2017
The issues regarding the distribution of his GTBank’s shares have been the subject of various discussions between the executors of his estates.
03/07/2017
The signing of this agreement conveys a powerful message that both Jersey and Kenya are committed to combatting issues of historic corruption and financial crime.
03/06/2017
Italian prosecutor Fabio de Pasquale, who has led a team investigating the scandalous oil deal for over two years, discovered that the transfer was made in two separate payments of $400m.
03/03/2017
The Commission has recommended fines amounting to 10 percent of the banks' South African revenues in a scandal that has piled political pressure on the four South African banks accused of being involved, which have about 90 percent of the national ba
03/03/2017
Mr Autel also alleged that the conduct of these foreigners, who are mostly from Asia
03/01/2017
New comparative guide helps investors navigate the legal systems when investing in some of Africa’s major economies.
02/28/2017
The team was also presented with the Founders Award in recognition of its deep cross-border transactional practice.
02/28/2017
Winners of the awards are selected by a panel of judges from the MENA fund management industry.
02/23/2017
The discovered bank account has no signatories making it more suspicious.
02/23/2017
The Banking Fraud Investigations Unit says Otieno is extremely brilliant.