09/03/2020
The MER highlighted that although there had been significant reforms since the last evaluation a decade ago, shortcomings were observed relating to technical compliance, and a low level of effectiveness was achieved.
09/02/2020
On Monday, BOM revoked Century Bank’s licence with immediate effect.
08/31/2020
Carlos Manuel de São Vicente, the former CEO of a company with a lucrative government monopoly to insure Angola’s oil sector, had his bank accounts frozen on suspicions of money laundering.
08/28/2020
Mr Sostenah Ogero Taracha lost Sh18 million. EACC was investigating his wife- Dr Salome Munubi, who worked with National Land Commission (NLC) when it stumbled on the cash and he failed to satisfactorily explain how he made the money.
08/27/2020
After the personal information of as many as 24 million South Africans and almost 800 000 businesses was exposed.
08/27/2020
The private shareholders through acquired shares, in terms of the South African Reserve Bank Act, have some role to play in the governance of the South African Reserve Bank, including the election of the directors, and receive dividends from the bank&
08/25/2020
The Bank of Ghana revoked the licenses of 386 insolvent microfinance and microcredit companies.
08/23/2020
The money is for the pensions of more than 2 million people in the electrical, metals and engineering sectors and for municipal workers.
08/21/2020
The current leadership of the central bank assured Ghanaians that the remaining banks remain resilient.
08/20/2020
It said it had notified the relevant authorities and engaged with industry bodies over the incident, though it added “no consumer credit or consumer financial information was obtained”.
08/20/2020
In a presentation to a parliamentary committee, Andy Mothibi, head of the SIU, which investigates allegations against public sector figures or institutions.
08/20/2020
The case was postponed this Monday for further investigation.
08/20/2020
Experian’s statement did not say what it meant by hardware nor who had impounded it, though it said it was working with law enforcement.
08/19/2020
In addition to the proceedings raised before the High Court, Nigeria is involved in proceedings in the US where it has applied for disclosure of documents from 10 banks which it says will help prove its fraud and corruption claims
08/17/2020
Although it was not immediately clear if the order of the English Court might have effect on Adoke’s trial in Nigeria, the law allows domestication of a foreign court order or judgment.
08/14/2020
In addition, they seek an order that will compel the minority shareholders Metropolitan Bank of Zimbabwe Limited and World Eagle Investments to pay an amount of N$121.4 million and N$20.2 million respectively for the outstanding payment on their sharehold
08/09/2020
One of the biggest reasons for the formalisation of non-resident status with SARS and SARB was due to the punitive tax regime implemented by government on 1 March 2020
08/06/2020
Mr Jirongo told the court that the evidence is credible and had officially been issued by the bank and the Registrar of Companies.
08/03/2020
The panel has absolved Adesina of any wrongdoing in respect of every single one of the 16 charges. I have read every line, sentence and syntax of the final report.
07/30/2020
The EFCC had frozen Lawal’s accounts and applied for the permanent forfeiture of his funds which the ex-banker challenged. Read more: https://www.dailytrust.com.ng/magu-why-dauda-lawal-appeared-before-salami-panel-lawyer.html