Managers of Wealth Africa

Sacked Old Mutual boss takes fight to supreme court

After losing his bid to be reinstated as the firm’s chief executive

Ghana's ex-finance minister charged over bank collapse

Another person sued was Johnson Asiama, former deputy governor of the Bank of Ghana until 2018.

U.S., Jersey sign $300 mln Abacha loot repatriation deal with Nigeria

The governments of Nigeria, Jersey and the United States said in a statement they had entered into an asset recovery agreement to repatriate forfeited assets to Nigeria.

South African court issues arrest warrant for ex-president Zuma in graft trial

He rejects the allegations as a politically motivated witch-hunt.

BREAKING: South African Authorities Slap Uncle Roland With Hefty 68 Million Fine… Lock Down His Fuel Depots

Uncle Roland Fined 68 Million For Tax Evasion

When CEOs fall out with firms: Lessons from Old Mutual saga

In my research I found a few cases where courts have indeed reinstated executive directors.

When a company falls out with its CEO: Lessons from SA’s Old Mutual

The other useful lesson is what the Old Mutual events tell us about the role of directors – even after they have been fired.

Mauritius Court Accepts Appleby's Proposition in Landmark Decision

The Court accepted Appleby’s proposition that an Order authorising the “saisie revendication”

Angola may seek arrest warrant for dos Santos

Failing that, his office would resort to legal instruments at its disposal, one being an international warrant.

5 reasons why Luanda Leaks is bigger than Angola

ICIJ uncovered a web of more than 400 companies and subsidiaries in 41 countries linked to Isabel dos Santos or her husband, Sindika Dokolo, including 94 in offshore havens like Malta, Mauritius and Hong Kong.

PwC to Probe Charges It Helped Former Sonangol Chair Hide Money

Firm was one of several named in investigative report

Zimbabwe: Super Rich Ex-Zimra Employee Challenges Wealth Seizure

He has since an urgent chamber challenge seeking dismissal of Hodzi's application for seizure of his wealth

GHANA: SEC to punish 12 fund managers

They are CDH Balanced Fund Limited, Sirius Opportunity Fund Limited, First Fund Limited, Heritage Fund Limited, Galaxy Balanced Fund Limited and Ideal Sika Fund Limited.

Old Mutual vs. Moyo: Understanding the parties' rights and obligations

The High Court correctly held that the contractual entitlement to terminate on six months' notice was unconditional

Those responsible for banking crisis will soon face the law- President

President Akufo-Addo said in as much as the action to close down the malfunctioning banks and micro finance institutions was painful, it was a move that inured to the benefit of the depositors of those institutions.

Former Belgian investment banker hauls RMB to court over failed property deal

What makes the case bizarre is that Arijs and his partners say they have spent close to R9 million in legal fees fighting the case over the years – and they’re not giving up, despite Arijs’s sequestration.

Ghana Charges CEOs Over Banking Crisis That Cost $2.2 Billion

The scale of Ghana’s banking crisis came to the fore when the central bank started an industry cleanup in August 2017 to remedy years of poor governance and weak regulatory oversight.

Old Mutual’s axed CEO Peter Moyo to know fate today

Moyo says he was fired following a fallout with board chair

Old Mutual wins case against ex-CEO who fought for reinstatement

The battle between the firm and its former CEO first exploded into the headlines when Old Mutual suspended Moyo in May 2019, citing a “material breakdown in trust and confidence” over an alleged conflict of interest.

This African country is being sued by Russia’s VTB over loan in $2 billion debt scandal

Mozambique’s Attorney General’s Office said it was waiting for formal notification of the lawsuit.

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