Managers of Wealth Africa

Pressure mounts on BoG to prosecute staff involved in banking rot

Investigations into the alleged misconduct by some staff of BoG commenced thereof after the people involved in the act were identified.

Conflicting Accounts on Int’l Alert for GTBank Manager’s Rearrest in Nigeria

Shortly after the protest, Magistrate Peabody was contacted by the Daily Observer.

Tuna bond scandal may spell more trouble for Credit Suisse

Prosecutors could yet conclude that the bank put business interests before compliance

Wanted by US, former Mozambican official appears in SA court

The indictment says the projects were fronts that allowed the defendants to pay at least $200 million in bribes and kickbacks to themselves, government officials and others in violation of U.S. anti-corruption laws.

The banker bros who bankrupted Mozambique

It was this indictment which led South African police to arrest Manuel Chang, the former finance minister of Mozambique

Customer wins lawsuit against Gold Coast Securities over unpaid investment

Dr. Badoe in his writ said he invested a total of GHc328, 127.43 with the finance house on August 24, 2018, and was due to receive an accrued interest of GHc50, 000 on September 6, 2018, but all efforts to retrieve his cash failed.

Three former Credit Suisse bankers have been arrested on London

They have been released on bail in London while the United States seeks extradition.

Ex-Swiss diplomat cleared in Sh5bn Kenya graft case

The Swiss Federal Criminal Court found in its decision published on December 20, 2018 that “nothing illegal had taken place."

Agony of retired teachers seeking Sh42bn pension

Justice ordered TSC and pensions department to pay all retired teachers covered by the 1997 deal their full benefits.

Mozambique’s ex-finance minister arrested in South Africa

Chang is already in trouble back home after his ministry guaranteed $2 billion in secret borrowing by state-owned firms in 2013 and 2014.

Children of the eminent dead fight over wealth

Others are former Makueni MP and prominent judge Jackson Mulwa and children of billionaire businessman James Mwangi Kirung’o alias Kahama who owned K1 Club House.

NRZ Pension Fund sues Telecel

NRZ Contributory Pension Fund filed summons at the Bulawayo High Court citing Telecel Zimbabwe as the defendant.

South Africa Issues Arrest Warrant For Grace Mugabe

It is unclear why the reporting of the warrant was delayed and there has been no response yet from Mrs Mugabe or Zimbabwean authorities.

Clifford Chance urges law firms to tackle corruption after it found itself in the eye of the storm

The firm, which denies wrongdoing, issued a statement clarifying its position after it became embroiled in allegations over the sale of a jet to the son of Equatorial Guinea's dictator.

I didn’t collapse Capital Bank — Otabil

The statement of defence, signed by his lawyer, Mr Yonny Kulendi, and which is a response to a suit filed by the receivers, also refuted claims that Pastor Otabil and the board that he chaired breached banking, company law or any other related laws during

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