Sunday, November 28, 2021

Africa

Judge Convicts Nigerian Electoral Official Accused of Receiving Diezani Bribe

A federal court in Lagos has convicted a former Independent National Electoral Commission (INEC) administrative secretary in Kwara State, Christian Nwosu. Mohammed Idris, the judge, found Mr Nwosu guilty of laundering N264million. “I find that the prosecution has proved the case...

Chief Justice of Nigeria arraigned Over Alleged Money Laundering

The Code of Conduct Tribunal (CCT) has scheduled January 14 for the arraignment of Justice Walter Onnoghen, the Chief Justice of Nigeria (CJN), on allegations of false and non- assets declarations. Mr Ibraheem Al-Hassan, the tribunal’s Head, Press and Public...

Sierra Leone’s ex-defence minister, deputy arrested on alleged corruption charges

A former Sierra Leone defence minister and his deputy have been arrested as part of a crackdown by President Julius Maada Bio’s administration on alleged graft by its predecessor, the country’s anti-corruption commissioner said. Alfred Paolo Conteh, the defense minister...

Nigeria sues Shell and Eni over 2011 ‘oil bribes’

Nigeria is suing Royal Dutch Shell and Eni for $1.1 billion that it claims it missed out on as a result of alleged corruption in a 2011 oil deal. The country said that it had lodged the claim in the...

Egypt: Former Menoufiya governor sentenced to 10 years for bribery

An Egyptian court has sentenced a former governor to 10 years in prison for accepting bribes to award public works contracts. In announcing the sentence Monday, the court said Hisham Abdel Basset accepted some $1.5 million in bribes while serving...

Nigeria seeks extradition of former minister Madueke in money laundering case

According to a new report, the former Petroleum Resources Minister Diezani Alison-Madueke, is to be extradited from Britain. The Economic and Financial Crimes Commission (EFCC) is to approach Attorney-General of the Federation Abubakar Malami( SAN) this week with a request...

Och-Ziff agrees $29 million shareholder accord over Africa bribery probes

Och-Ziff Capital Management Group LLC (OZM.N) has reached a $28.75 million class-action settlement with shareholders who said the company misled them about U.S. probes into its involvement in alleged bribery in five African countries. The settlement with one of the largest...

Nigerian Air Peace Airline Accused of Money Laundering

Air Peace has said there is no atom of truth in the allegation levelled against it by the Secretary General of the Aviation Safety Round Table Initiative (ASTRI), Mr John Ojikutu, that domestic airlines’ outright acquisition of aircraft was...

Nigeria: Ex-governor Tinubu accused of laundering of N100 billion through his firm

Alpha Beta, a consultancy owned by Bola Tinubu, former Governor of Lagos State and National leader of the All Progressives Congress (APC), is at the centre of a N100billion fraud, tax evasion and money laundering petition written by Mr....

Transparency Intl to help Nigeria monitor illicit financial flows

In a move to end money laundering in the country, Transparency International (TI) in partnership with the European Union (EU) and Civil Society Legislative Advocacy (CISLAC) Tuesday announced the development of a tracking platform to monitor illicit financial flows...

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