Thursday, February 25, 2021

Africa

Husband of Africa’s richest woman, Isabel Dos Santos dies in a diving accident

Sindika Dokolo, the husband of Isabel dos Santos, Africa’s richest woman, has died at age 48. Dokolo, a Congolese businessman, died on Thursday, October 29 in Dubai, according to a tweet from his family, which did not disclose the cause of...

Former Steinhoff CEO Markus Jooste faces fraud, money laundering probe

South African authorities have launched a probe into suspected new fraud and money laundering allegations against former Steinhoff International Holdings NV Chief Executive Officer Markus Jooste, the Sunday Times reports, citing a police court application. The Directorate for Priority Crime Investigation, an...

Zimbabwe’s First Lady Auxillia Mnangagwa linked to gold smuggling syndicate

Zimbabwe’s First Lady Auxillia Mnangagwa stands accused of participating in a gold smuggling syndicate involving a senior ruling party official and her husband’s aides. Her husband, President Emmerson Mnangagwa, has repeatedly called for a zero-tolerance to corruption that he claimed...

Nigerian court declines to issue international arrest warrant for fugitive ex-Petroleum Minister in corruption case

The Abuja Division of the Federal High Court, on Wednesday, refused an application by the Economic and Financial Crimes Commission, EFCC, for an arrest warrant to be issued with an order directing the INTERPOL to immediately arrest the former...

Namibia probes oil firm Acer petroleum over bribes paid to government officials

THE mines and energy ministry says it is investigating allegations that an oil company bribed some senior officials to fast-track licence applications. The senior officials are accused of allegedly accepting bribes from a company called Acer Petroleum to expedite the...

Former Malawi minister sentenced to six years in prison over passport corruption scandal

A court in Malawi’s capital Lilongwe on Thursday sentenced a former home minister to six years in prison after he was found guilty in issuing illegal passports. The High Court in Malawi’s Capital, Lilongwe, has sentenced a former minister of...

Mozambique seeks prosecution of ex-Credit Suisse bankers implicated in debt scandal

Mozambique's Attorney General's Office said on Wednesday it will seek the extradition of three former Credit Suisse CSGN.S bankers implicated in a $2 billion debt scandal that sent the country's economy into crisis. Andrew Pearse, Detelina Subeva and Surjan Singh, who helped...

Liberian President seeks US help over death of auditors linked to £100m corruption scandal

The suspicious deaths of four finance officials in Liberia have raised fears of a murder plot linked to corruption scandals that include the disappearance of £100 million in new banknotes. President Weah has appealed for help from the US over...

Former VBS Mutual Bank CFO gets 10 years for fraud, money laundering

Former VBS Mutual Bank chief financial officer Phillip Truter was on Wednesday sentenced to an effective seven years in prison for his role in the looting of the bank. Truter was the eighth suspect who appeared in the Johannesburg Specialised...

Nigeria’s Attorney General Malami accused of conspiracy in money laundering case against ex-First bank director

More insights into the real reason the Economic and Financial Crimes Commission dropped a case of money laundering against a former Executive Director of First Bank Plc, Dauda Lawal, has unfolded. Lawal, who was being tried by the anti-graft agency for allegedly...

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