Managers of Wealth Africa

Meta case sets up multinationals for Kenya suits

Lawyer Ndegwa Wambugu said the ruling creates a discourse although courts will still have to consider the issue of jurisdiction on a case-by-case basis.

Nigeria launches appeal of $11bn P&ID arbitration bill

Nigeria has built a strong case to overturn a crippling damages bill handed down by an international arbitration tribunal for a failed gas deal in 2010, experts say.

Users allowed to sue Safaricom over clients bank details access

The judge directed the lawyers to publish a notice in a daily newspaper, inviting Kenyans who may wish to join the suit.

Chase Bank shareholders’ Deloitte case thrown out

Justice David Majanja ruled that the shareholders had no case against the audit firm because the contract was between the lender and auditor and not the shareholders.

Angolan court orders seizure of dos Santos's assets - Lusa news agency

A total of 70% of her shares in Mozambique's telecom MStar and Upstar Comunicacoes should be seized too, Lusa said.

Tycoon wins 30-year-old case against StanChart

The judge said the appointment of the receivers to manage the affairs of King Woolen Mills was illegal, null and void.

Blow for former Dubai Bank staff in push for Sh44 million pay

The former employees sued Kenya Deposit Insurance Corporation (KDIC) and the liquidation agent seeking to be paid August 2014 salaries plus terminal dues among other benefits.

Ecobank on the spot over Sh4bn fraud suit

In the case filed by Ms Monthida Rashi, the lender is accused of releasing a sum of $23,452,493 (Sh2,878,793,515) to the New Zealand-based payment solution provider firm Kiwipay Ltd.

Kamotho son denies forgery claims suit in fight for estate

In the second count, Mr Githii was charged with presenting the forged medical report at the Deputy Registrar of Milimani High Court in a succession case.

Fortified Ramaphosa goes for the jugular with court challenge

President gets NEC backing and launches court challenge of Phala Phala panel’s findings

Finally, lawyers drags Buhari, Malami, Okotete to court for violating CBN Act in appointment into NEXIM bank

The law firm prayed the court to ask President Buhari if the appointment of Okotete as the Executive Director of the bank was in line with the CBN Act, stressing the need for the court to declare the appointment as null, avoid, illegal and unconstitutiona

Oppenheimer Partners snaps up Amrod

Carlyle initially invested in the company through its Carlyle Sub-Saharan Africa Fund (CSSAF) in 2016

Dentons South Africa recognized by Best Lawyers 2023

Best Lawyers in South Africa 2023

Ghana: Sunyani High Court Cites ADB Bank for Contempt

But contrary to the allegation, it was later detected that a new software the bank had installed which made the transmission of the said amount from the Sunyani adb account to the BoG account to fail.

Court Orders Zenith, UBA To Remit N2m, N13m Fraud Proceeds To Victim

A Federal High Court sitting in Lagos has directed the managements of the United Bank for Africa (UBA) and Zenith Bank to reverse the proceeds

Frenchman blocks Kenyans from unfrozen Sh2.3bn at Ecobank

High Court judge David Majanja on Monday ruled that no one should operate or access the accounts after Gregory Schmidt, the Frenchman, filed another petition

VBS-accused fails to have banking law set aside, court orders his sequestration

Sars seeks R61m in tax from politically connected Kabelo Matsepe.

Foreigner, three Kenyans fight over unfrozen Sh2.3 billion

The State agency alleged that the firm was involved in an intricate money laundering scheme to hide the source of illicit funds.

Banking crime: ATM bombings on the rise, fraudsters cash in on bigger loot

The other growing area targeted by criminals is card fraud, especially for card-not-present transactions.

DLA Piper expands its MENA capabilities with new IP Partner appointment

Global law firm DLA Piper has appointed Saba Al Sultani as a Partner in its Intellectual Property and Technology group, based in Dubai

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