09/12/2016
Fresh $5m found in Patience Jonathan’s account
Jonathan’s wife has, however, sued Skye Bank for freezing her bank accounts and giving the EFCC vital information about her finances.
Legal
09/12/2016
Clifford Chance, Anjarwalla & Khanna and Standard Chartered triumph at the African Legal Awards 2016
Others big winners winners include Webber Wentzel, ENSafrica and Bowmans
09/12/2016
Security agents arrest 5 Kogi officials for fraud
Also, the state Auditor-General, Ahmed Ododo, said the money would be recovered in full from the suspects.
09/05/2016
Minister Zwane report in favour of Oakbay after bank contracts terminated
Although the Minister of Finance was a member of the constituted IMC, he did not participate in its meetings.
09/05/2016
How to protect your African investment with a dispute resolution mechanism
International arbitration tends to be the preferred method of dispute resolution for agreements involving investments in Africa
09/05/2016
Corruption whistleblower should be protected not punished
This behaviour should be praised not punished.
09/02/2016
South Africa Minister Urges Review of Gupta Account Closures
Evidence shows the banks’ actions “were as a result of innuendo and potentially reckless media statements
09/01/2016
Your art collection and the law by Iris Harvey, Maitland
discusses the legal issues that come into play when assembling an art collection...
08/31/2016
DCI to conduct lifestyle audit on staff in the Land ministry
The minister said this saw many brokers open offices in the precincts of the Land offices to facilitate payment of bribes.
08/31/2016
Nigeria, Britain join forces against treasury looters
The memorandum of understanding is specifically on modalities for the return of stolen assets.
08/29/2016
Enugu Assembly summons FCMB CEO, Inter-Switch over diversion of government funds
Ude-Okoye also asked the bank to make available statements of transactions made with the state board of internal revenue, including cheque books released to the board within the same period.
08/24/2016
South African Hotel Joins Nigerian Exodus, Cites Clash With Authorities
The Sun owns Sun City Resort, a luxury resort and casino developed by South African hotel magnate Sol Kerzner about a two hour drive northwest of Johannesburg.
08/24/2016
South African assets sink after police summon finance minister
South Africa's stock market banking index opened almost four percent down.
08/22/2016
African mines ‘fixer’ linked to hedge fund
Sources close to the situation said the fund was Och-Ziff. The company declined to comment.
08/19/2016
Exclusive: Saraki, Mark, others in trouble as Presidency orders probe of Nigerians named in #PanamaPapers
Premium Times identified at least 110 Nigerians and companies operating offshore shell companies in tax havens.
08/17/2016
Former Diamond Bank Manager Remanded To Prison Over N24 Million Fraud
Justice Abdul Aziz Anka gave the ruling on Tuesday when the defendant was arraigned by the Police Special Fraud Unit for a three-count charge bordering on conspiracy, obtaining money under false pretense, and advance fee fraud.
08/14/2016
Nigeria: Alleged Fraud Uncovered At NPA, Three Banks Fingered
Of the amount, $24.1million (N7.47billion at N310 per dollar) was traced to Heritage Bank, the successor bank to the defunct Societe Generale Bank owned by the Saraki family.
08/14/2016
Lwamafa, Obey face new charges in fraud case
They are charged jointly with Kampala lawyer Bob Kasango and Milton Mutegeya, a court clerk.
08/10/2016
SOUTH AFRICA: Public servants take pension fund to court over benefits
Public servants have usually enjoyed guaranteed, and rising, retirement and resignation benefits.
08/05/2016
Three banks fined Sh1m each over NYS scam
Dr Njoroge, who appeared before the National Assembly Public Accounts Committee chaired by Rarieda MP Nicholas Gumbo