Saturday, May 21, 2022

Africa

Nigeria’s Accountant General suspended over N80bn fraud

Ahmed Idris, Nigeria’s Accountant General of the Federation, who was on Monday arrested by the Economic and Financial Crimes Commission (EFCC) over an alleged N80bn fraud has been suspended indefinitely by the Minister of Finance, Budget and National Planning,...

Nigeria: Former Speaker of the House of Reps Arrested over Suspicious Payments

The Economic and Financial Crimes Commission (EFCC) has arrested and detained a former Speaker of the House of Representatives, Patricia Etteh, PREMIUM TIMES can authoritatively report. Mrs Etteh, who was Speaker between June 6, 2007, and 30 October 30, 2007, was arrested...

Guinea to Prosecute Ousted President Alpha Conde

Guinea's military government this week announced plans to prosecute ousted President Alpha Conde and 26 of his former officials for murder, rape, kidnapping and other crimes. Guinea's coup leader also proposed a three-year transition back to civilian rule. In 2010,...

Former Liberian Rebel General Charged With Immigration Fraud

U.S. Attorney Jennifer Arbittier Williams announced that Laye Sekou Camara, aka K-1 and Dragon Master, 43, of Mays Landing, New Jersey, was arrested and charged by Criminal Complaint and subsequent indictment on the charge of use of an immigration...

EU states freeze $130 million worth of Lebanese assets

Authorities in three European countries have frozen more than $130 million in assets linked to an investigation into money laundering in Lebanon, a European Union agency said Monday. The measures taken by officials in France, Germany and Luxembourg come as...

Lebanon’s Central Bank Governor Charged With Illegal Enrichment, Money Laundering

A Lebanese judge charged veteran Central Bank Governor Riad Salameh and his brother with illegal enrichment and money laundering, an official in the judiciary said Monday. Mount Lebanon Prosecutor Ghada Aoun accused Salameh, his wife and his brother, Raja, of...

Nigeria Accuses JP Morgan of Ignoring Red Flags for Fraud in Oil Deal, Seeks Damages of $1.7B

A London high court began to hear a lawsuit on Wednesday launched by Nigeria against U.S. bank JP Morgan Chase, claiming more than $1.7 billion for its role in a disputed 2011 oilfield deal. The civil suit filed in the...

Nigeria: Former water resources minister sentenced to six years for money laundering

A federal high court in Jos, Plateau state capital, has sentenced Sarah Ochekpe, the former minister of water resources, to six years imprisonment. Ochekpe was a minister in the administration of former President Goodluck Jonathan. She was arraigned by the Economic and Financial Crimes...

Kenya: Former Water boss handed 24 years in jail for soliciting bribes

A former Finance Manager at the Water Resources Management Authority (WARMA) could spend 24 years in prison or pay a fine of Sh7.6 million after an anti-corruption court found him guilty of soliciting and collecting bribes amounting to Sh910,000. James...

South Africa: Former Prasa Engineering Services Head Guilty of Fraud

Former Passenger Rail Agency of South Africa (PRASA) head of engineering services, Daniel Mthimkhulu, has been convicted of fraud in the Johannesburg Specialised Commercial Crimes Court. According to the National Prosecuting Authority (NPA) regional spokesperson, Phindi Mjonondwane, Mthimkulu was convicted...

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