08/30/2022
“A large portion of the published reports are factually inaccurate and patently false; therefore, Union Bank seeks to make the following categorical clarifications: Union Bank was not defrauded by any syndicate
08/24/2022
The investigation, which began in 2019, found that Nedbank failed to keep accurate records or adopt an appropriate risk-based approach.
08/09/2022
The application for default judgment was also served on them by placing it in their post box.
08/08/2022
he judge invalidated a purported consent judgment in which parties in the suit agreed on the payment of N12 billion as full and final payment.
08/01/2022
EY was willing to withdraw from the project to allow Transnet to re-tender, but Transnet rejected this option and asked EY to prepare a revised work plan.
07/29/2022
It followed a suit by OAN at the Federal High Court in 2006.
07/27/2022
The judgment was given on specific facts and does not set out general principles of law which will be applicable to all banking relationships with customers.
07/25/2022
This only pushed the department to dig deeper, he said.
07/18/2022
The CJ added that the Judiciary has since embraced e-government and is now banking on technology to facilitate the provision of e-justice and improve the efficiency of its administrative processes.
07/14/2022
This is Persistent’s third capital raise since its founding.
07/08/2022
The ARA believes that the accounts may have been used as conduits for money laundering in the guise of providing merchant services.
06/23/2022
The Supreme Court of Appeal (SCA) previously ruled that banks were not obliged to hear the client's side, since the two shared a contractual relationship.
06/22/2022
Sasol Oil based its review application on the provisions of the Promotion of Administrative Justice Act, 2000 (“PAJA”), alternatively on the principle of legality.
06/21/2022
In the case, Mr Kisire also sought the court to overturn a Sh1 million fine and the ban from holding office in listed companies for three years for cooking of books and Sh1 billion fraud allegations.
06/08/2022
The Pretoria High Court found that, by virtue of the directive, it ceased to have jurisdiction over matters emanating in areas falling within the Mpumalanga Circuit Court’s jurisdiction.
06/08/2022
The court also confirmed that the reference to “execution” in this section had a wide meaning.
06/01/2022
The Financial Intelligence Centre Act, 2001 requires accountable institutions to implement risk management and compliance programmes (“RMCPs”) to mitigate their risks.
05/20/2022
£1.9 million of seized funds returned to Nigeria
After today (19 May), the Royal Court granted the Attorney General's application to forfeit the funds.
05/19/2022
Protecting the perimeter: The rise of external fraud
05/19/2022
The court found that the board members did not defy Judge Brian Mashile's order when they blocked Moyo from returning to his office.