Tuesday, January 26, 2021

Africa

Namibia: Companies accused of fraud shipped more than N$4.3 billion out of the country over three years.

A REPORT into Namibia's biggest money laundering and tax evasion scheme found that companies accused of fraud shipped more than N$4,3 billion out of the country over three years. This was among the findings contained in a 21 June 2018...

Court acquits ex-NAF chief of administration of bribery charge

JUSTICE Garba Salisu of a High Court of the Federal Capital Territory (FCT), sitting at   Maitama, Abuja, yesterday discharged and acquitted a former Chief of Administration of the Nigerian Air Force (NAF), Air Vice Marshal Mohammed Alkali Mamu (retd)...

Sums Don’t Add Up for Angolan Central Bank

Angola’s central bank, the Banco Nacional de Angola (BNA) has failed to produce its accounts for the second year running, with the current BNA Governor, José de Lima Massano, forced to issue a written explanation to the Angolan President. In...

Two PDP Chieftains arraigned over money laundering

The Chairman of the People’s Democratic Party (PDP), in Ondo State, Clement Faboyede and the state Director General of PDP Campaign Organization during the last general election, Modupe Adetokunbo were yesterday arraigned before a Federal High Court sitting in...

Nigeria: Former Minister Abdu Bulama arraigned over fraud charges

The Economic and Financial Crimes Commission (EFCC) Friday arraigned a former Minister of Science and Technology, Dr. Abdu Bulama, before a Federal High Court in Damaturu, the Yobe State capital, on a seven-count charge of criminal conspiracy and money...

Nigeria: Former Ondo state party chairman Clement Faboyede arraigned over fraud allegations

The Economic and Financial Crimes on Friday arraigned a former Chairman of the Ondo State Peoples Democratic Party, Clement Faboyede, for an alleged fraud of N500m. Faboyede was arraigned alongside Modupe Adetokunbo before the Federal High Court in Lagos. The three...

Ghana’s Senior Soccer Brass Caught on Tape in Bribery Scandal

Senior officers of the revered Ghana Football Soccer Association who took fat wads of cash to influence player selection in the national team became the unwitting stars of a new documentary by Ghana’s number one investigative journalist. The film...

A tale of terrorism and corruption – Boko Haram in Nigeria

The act of financing of terrorism is a well-known strategy for individuals or organisations to destabilise economies or societal norms to achieve a desired outcome. The breeding ground for terrorism financing lies in corruption, whereby the desire of selected individuals...

Latest News

Enable Notifications    OK No thanks