Managers of Wealth Africa

Unibank lawyers lament over document legibility

Other lawyers informed the court that they had also not been served with some of the pre-trial documents filed by the state on July 10, this year.

Panel Indicts 15 Persons over Missing N5.778bn Pension Fund in Niger

“Government will not take responsibility for this money. Those involved must pay back the money, it is peoples money,” Ahmed declared.

6 arrested for hacking software of universal bank to steal ¢46 million

The cyber hackers allegedly logged into the banking software of the bank remotely and used the login credentials of some members of staff of the bank

Court ties dos Santos to ‘fraudulent’ diamond deal as Portugal further freezes out billionaire

An Angolan court says the deal between the country’s diamond company and Isabel dos Santos’ husband was harmful to average Angolans.

Court Dismisses N5bn Libel Suit against THISDAY, Diamond Bank

The plaintiff had in 2015 sued THISDAY and Diamond Bank, which has now merged with Access Bank Plc., at the High Court of the Federal Capital Territory (FCT) for allegedly defaming him when they included his name in a publication of a list of debtors to t

Nigerian Influencer Ramon ‘Hushpuppi’ Abbas, Accused By FBI Of Money Laundering, Is Denied Bail

The primary allegation leveled by the FBI is that Abbas was part of a network that made “hundreds of millions of dollars” from business email compromise frauds and other scams.

Hlumisa directors aren’t letting their case rest.

ConCourt ruling could have far-reaching implications for company law in South Africa.

Financial Crime in Seychelles: Overview

In the Seychelles, the offences related to corporate fraud can be found in numerous Acts

Take heed of your bank’s requests

As was permitted under the trust deed, the trustees opened a bank account.

'We must bow out with pride' - VBS boss Tshifhiwa Matodzi

It took more than two years for the first identifiably suspicious transactions to emerge before VBS devolved into a Ponzi scheme and ultimately collapsed in March 2018.

Nigerian fraudster ‘Hushpuppi’ given St. Kitts-Nevis passport in February 2020 nabbed by FBI

Relying on data carefully analysed from several iPhones belonging to Hushpuppi, the FBI was able to discover loads of communications between the suspect and his collaborators

Crime counter-strategies pay

A burglary is when premises are broken into to remove cash or any other movable property, while a business robbery is the violent removal of cash or movable property while under the control of a bank.

$14m Debt: Court to Hear Sahara Group’s Suit against Ecobank

But Sahara’s counsel, Mr. Bode Olanipekun, pointed out that Sahara Energy Resources Limited, which Ecobank listed as first defendant in its application was not the same as his own client, Sahara Energy Resources Limited, Isle of Man.

Court allows Kiunjuri bank accounts probe

ARA is seeking to investigate whether funds from the irrigation board were wired to Mr Kiunjuri’s bank accounts through Mr Gachagua or his associates.

$14m Debt: Court to Hear Sahara Group’s Suit against Ecobank

Ogunba told the court that the application was not opposed by the respondents.

KRA manager, wife under probe over unexplained wealth arrested

Upon conclusion of the investigations, the DPP granted consent to the arrest and prosecution of the two on charges of tax evasion contrary to section 45 (1) as read with section 48 of the anti-corruption and Economic Crimes Acts No.3 of 2003.

Robert Madzonga denies looting VBS, claims he was framed

“I haven’t worked for VBS but I was the CEO of Vele Investments. I never got any salary from VBS but from Vele, but my name is linked amongst those who allegedly looted VBS."

Former CFO at Merafong Municipality charged in VBS Bank matter

Wienekus has reportedly told investigators that he had made the deposits following instructions from acting Merafong Municipality manager Romeo Mohaudi.

Over $48m distributed to SA banks in Botswana money-laundering case

During a media briefing, Nel said the brief on the case from the DPP was to facilitate developments relating to a request for mutual legal assistance in the Bank of Botswana case.

GN Licence Case: Court of Appeal orders BoG to justify revocation at High Court

The court was presided over by Justice Ackah Yensu with Justices L.L. Mensah and Anthtony Oppong.

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