Managers of Wealth Africa

Daughter of GTBank Founder sues Bank over "Manipulation" of Her Late Dad’s Shares

The issues regarding the distribution of his GTBank’s shares have been the subject of various discussions between the executors of his estates.

Jersey and Kenya sign agreement to return stolen assets

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.

Malabu Oil Scandal: $800m Transferred To Nigerian Banks Through JP Morgan In London

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.

South Africa's Standard Bank seeks clarification on FX allegations

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

Foreigners laundering gold money - Gold Buyers Association alleges

Mr Autel also alleged that the conduct of these foreigners, who are mostly from Asia

Latham & Watkins launches new resource for investors in africa

New comparative guide helps investors navigate the legal systems when investing in some of Africa’s major economies.

Eversheds Sutherland seal the deal categories at M&A Advisor’s EMEA Corporate Development Awards

The team was also presented with the Founders Award in recognition of its deep cross-border transactional practice.

Conyers Awarded Best Offshore Law Firm – Client Services

Winners of the awards are selected by a panel of judges from the MENA fund management industry.

Whistle-blower exposes N8.4 billion fake account

The discovered bank account has no signatories making it more suspicious.

Kenya's most wanted banking fraudsters revealed

The Banking Fraud Investigations Unit says Otieno is extremely brilliant.

Africa’s ‘Youngest Billionaire’ Loses Asset Ruling in Divorce

He found that the 35-year-old owned 100 percent of Mara Group Holdings Ltd. and other corporate entities.

Hybrid debt instruments – what you need to know

The provisions relating to “hybrid debt instruments” as contained in section 8F of the Act seek to identify and provide for specific tax treatment of certain debt instruments that contain equity-like features.

The worst-case scenario for South Africa’s colluding banks

The case has now been handed to the Competition Tribunal for prosecution

Two SA Banks Commits To Cooperate In Collusion Probe

Both Absa and Investec have committed to working with authorities in their investigation into alleged price fixing.

Time for a black-owned bank

The commission has referred the matter to a tribunal for prosecution.

JPMorgan to HSBC Face Fines in South African Rand-Rigging Probe

It referred the case to an antitrust tribunal, concluding an investigation that began in 2015.

Herbert Smith Freehills invests in competition

Then moving on to first form and then head-up that firm’s competition practice.

How many M&A deals are expected in South Africa in 2017

The report predicts that around 190 M&A deals will be concluded in 2017.

BNP Paribas Escapes Victims’ Suit Over Terrorist Bombings

There was no clear connection between the business the bank did with the sanctioned country in the '00s and the 1998 attacks.

Nigeria not ready for investment of pension assets in infrastructure

We are set to acquire investment that can make societal impact such as in infrastructure.

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