Africa
U.S to seize $25 million Los Angeles mansion purchased with Nigeria’s stolen fund
The DoJ has initiated proceedings at the US District Court for the Southern District of Texas to seize the mansion which is valued at $25 million and located in Los Angeles.
According to Africa Intelligence, the US government told the...
Africa
Nigeria dismissed 18 road safety officers for bribery, fraud
The Federal Road Safety Commission (FRSC) has approved the dismissal of 18 officers found culpable for various offences. The offences include desertion, forgery, number plate racketeering, bribery, scandalous behaviour, drivers license racketeering and other misconducts.
The commission also reduced the...
Africa
Century Banking Corp loses licence over laundering of funds linked to 1MDB
Century Banking Corp’s (CBC) banking licence was revoked by the Bank of Mauritius (BoM) on Aug 24 after investigations revealed “significant illicit transfers” of funds linked to 1Malaysia Development Bhd (1MDB).
In a statement, the BoM said the bank’s licence...
Africa
South Africa – How estate agents can mitigate the risk of money laundering in the property sector
The property sector is an attractive, legitimate investment vehicle, but it is equally appealing to criminals for laundering illicit funds. Identified as being vulnerable to abuse by criminals for money laundering and terrorist financing, estate agents, as facilitators into the...
Africa
Nigeria’s Presidential Amnesty Programme failed to deliver mandate, blames corruption
A new report by Nextier Security, Peace and Development (SPD) has described the Presidential Amnesty Programme (PAP) as too expensive to maintain and marred by corruption and patrimonial sentiment.
The report, which was released in Abuja yesterday, noted that the...
Africa
South African police officers arrested in procurement fraud
Police have arrested 15 people, some of whom are former or serving cops, in connection with fraud, corruption, money laundering and theft.
The accused were allegedly involved in dodgy supply chain processes over a R56m car marking tender.
Nine of those...
Africa
Zimbabwe seizes $8 million mansions, luxury cars over unexplained wealth
TEN mansions and 22 luxury vehicles worth US$8 million were recently seized by the Zimbabwe Anti-Corruption Commission (ZACC) from high-profile figures who failed to account for their source of wealth.
The yet-to-be-named suspected criminals will soon be prosecuted.
ZACC’s head of...
Africa
Four Somalian government officials jailed for stealing Covid-19 funds
A Somali court on Monday sentenced four government officials to jail for having a hand in the theft of public funds meant for Covid-19 emergency response.
The Banadir Regional Court, which covers crimes committed in Mogadishu and surrounding locations, found...
Africa
Former Kenyan MP Danson Mungatana charged with fraud
Former Garsen MP Danson Mungatana and his business associate Collins Paul Waweru have been charged with fraud.
They were released on a Sh200,000 cash bail each after denying charges of forgery of documents and obtaining money by false pretence.
The former...
Africa
Former Mauritanian President Ould Abdel Aziz detained for corruption
Mauritania’s former President Mohamed Ould Abdel Aziz, the subject of a police investigation linked to corruption, was subject to interrogation on Monday.
The interrogation of Ould Abdel Aziz took place at the headquarters of Mauritania’s General Directorate of National Security (DGSN) in Nouakchott, said a statement from the...
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Former Blue Bell Creameries CEO indicted for fraud linked to 2015 listeria outbreak
The former president and CEO of Blue Bell Creameries L.P., a Texas ice cream company, was indicted Tuesday on wire fraud charges in connection with a scheme...
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Judge opposed dismissal of bribery charge against former Portage mayor Synder
A judge denied Thursday two motions to dismiss a soliciting bribes charge former Portage Mayor James Snyder will be retried on, according to court...
News
Bribery trial of former San Angelo police chief Tim Vasquez delayed until 2021
The trial of former San Angelo police chief Tim Vasquez will not happen until 2021, according to court documents. The trial, originally set for...
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Texas AG Ken Paxton fires second whistleblower who accused him of bribery
A second whistleblower has been fired from the Texas attorney general’s office after reporting his boss, Texas Attorney General Ken Paxton, to law enforcement for...