Managers of Wealth Africa

Feds want to seize Nigerian playboy’s yacht, penthouse

But the feds will have to get in line.

EFCC to seize Dubai mansions allegedly owned by ex-minister, associate

It was gathered that the EFCC also traced about five luxury properties to a former official of the defunct Oceanic Bank.

200 fraud cases discovered in Nigeria Pension Board

It was also learnt that the external auditors engaged to audit the account of the board had completed their assignment.

Bell Pottinger reputation muddied by South African scandal

City PR firm and international influencer admits ‘deep concern’ over work for Guptas

FG plans 5-year jail term for celebrities who evade taxes

TheCable understands that the scheme, which will run for nine months, is a grace period for the celebrities to make amends of face the full wrath of the law, which could include jail term of up to five years.

French bank BNP Paribas accused of complicity in Rwandan genocide

The groups note that a United Nations arms embargo was in effect at the time.

Allen & Overy, Arnold & Porter Lead on Landmark African Bond Issue

The innovative transaction represents Nigeria’s first issuance of diaspora bonds, which primarily target expatriate citizens.

Ex-head of Kenya's Chase Bank charged with conspiracy to defraud

The court returned Khan to police custody after government fraud investigators argued he was a flight risk and might tamper with evidence.

Oil Tycoon Kola Aluko’s $50.9 Million New York Penthouse Foreclosed

It is suspected that Aluko is hiding out on the Galactica Star, which he rented to JAY-Z and Beyoncé in 2015 for $900,000 a week.

Combining this year's promotions and new lateral talent, the Firm added 139 partners

Nearly 40% or 31 of the new promotions are women; a market-leading number for any law firm.

SA Banking Association hits out at ' invasion of privacy'

Leaked documents reveal that Ashu Chawla‚ a senior Gupta executive‚ was in possession of a spreadsheet documenting the identity numbers and international travel dates of top banking executives.

Real Estate Investment in Africa: Is the Honeymoon Over?

On the positive side, there is interest from a variety of investor types and origins.

The significance of South Africa signing multilateral convention to prevent BEPS in terms of pension funds

The MLI contains certain provisions that apply and cannot be opted out of, as well as certain optional provisions.

Morocco Finalizes Entry into BDEAC Capital

When authorization was given by the decision-making bodies of BDEAC to open its capital to entities that are not members of the CEMAC.

ABSA Explains Why It's Going to Court Over Public Protector Report

"Before you get to a remedial action; your finding has to make sense!" said by 'Songezo Zibi, Absa'

Concluding financial transactions with South African public entities: the legal considerations

An important aspect of the interaction between private business and public entities is the financing that private lenders (such as banks, private equity firms and hedge funds) advance to public entities, such as state-owned companies.

Liberia: Access Bank Faces U.S.$10 Million Lawsuit

It may be recalled that on September 11, 2016, Magistrate Peabody charged Wenwu Benetta Gray with the crime of "Defrauding Secure Creditor"

Visa on arrival for foreign investors to ease trading in Nigeria for UAE businesses

The announcement from the Nigeria Immigration Service on the introduction of a liberalised online Visa on Arrival facility for the public.

South Africa: Sassa Applies for Leave to Appeal

Bank accounts privately held by beneficiaries cannot be conflated with special accounts administered by Grindrod on behalf of Sassa

Osinbajo Takes Anti-Corruption War to Bankers Aiding Looters

He also stated that corruption fights back through the media.

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