Featured Africa

Suspected arms dealers moved millions in Somali money transfers, report says

Somali money transfer companies moved more than $3.7 million in cash between suspected weapons traffickers in recent years, including to a Yemeni under U.S. sanctions for alleged militant links, according to a report seen by Reuters. The findings by a Geneva-based research group, the Global Initiative Against Transnational Organized Crime,… Read More

Former IAAF president Lamine Diack jailed for taking bribes to cover up Russian doping

The former president of international athletics has been jailed for two years by a French court after being found guilty of taking millions of pounds in bribes to cover up positive drugs tests by Russian athletes. Lamine Diack, 87, who ran athletics for 16 years until he was succeeded by… Read More

Dutch launch criminal probe, freeze assets of Isabel dos Santos-linked firm

Dutch prosecutors have begun a criminal investigation into how a company owned by Sindika Dokolo, the husband of billionaire Angolan businesswoman Isabel dos Santos, managed to acquire a lucrative shareholding in the Portuguese oil and gas firm, Galp. The Public Prosecution Service has also frozen the assets of the company,… Read More
17th September 2020
Zineb Jammeh, the wife of Gambia’s former president, Yahya Jammeh, has been hit with U.S. sanctions for her role in the economic plunder of the tiny West African county during her husband’s 22-year rule, the U.S. Treasury said on Tuesday. Yahya Jammeh stole at least $50 million of state funds… Read More
11th September 2020
A former SNC-Lavalin executive who was convicted on corruption and fraud charges last year has had over $4 million in assets seized by a Quebec Superior Court judge, including a million-dollar property in Florida. Sami Bebawi, who was sentenced in January to eight years and six months in prison… Read More
10th September 2020
By Edward Maintikely and OCCRP, 9 September 2020 OCCRP — Belgian company Semlex Group paid a former top official in Madagascar’s government at least $140,000 — and possibly much more — in unexplained fees, according to leaked company emails that appear to show a quid pro quo to secure a… Read More
10th September 2020
Angola’s attorney general has seized buildings and hotels belonging to AAA, a company associated with Carlos Manuel de São Vicente whose $900 million fortune has been frozen by Swiss authorities, state broadcaster TPA reported on Tuesday. De São Vicente was a key figure in Angola’s oil industry, heading a group… Read More
10th September 2020
Register-General Jemima Oware has announced the deployment of a new Central Beneficial Ownership Register for all companies operating in the country. “We will start with the extractive industry and other high risk sectors like banks and other financial institutions,” she noted. According to her, a lack of information about who… Read More
10th September 2020
A whistleblower who exposed massive bribery at a Monaco-based oil firm is now being hunted in Europe, in a test of its extradition system. Jonathan Taylor, back in 2013, revealed that his former employer, SBM Offshore, had routinely paid bribes to foreign governments, for instance in Angola, Brazil, and Equatorial… Read More
9th September 2020
The Federal Government on Tuesday re-arraigned an oil magnate, Aliyu Abubakar, and seven others on a 67-count criminal charge over their alleged involvement in the disputed Oil Processing License (OPL) 245 otherwise known as Malabu Oil. Abubakar was in July arraigned on a 48-count criminal charge bordering on money laundering,… Read More
8th September 2020
Malta’s lucrative financial services industry and its international ranking has suffered another blow as the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes has downgraded the island’s standing to “partially compliant”. This downgrade ranks Malta as one of the countries with the lowest standards in the… Read More
8th September 2020
“Promo Offer!” flashed up the advertisement on a Scottish vendor’s WhatsApp story, offering a discount on your next purchase if you referred five more customers. The updated price list offered further discounts for bulk buys. There was also a reminder to get orders in early, as, because of lockdown restrictions,… Read More
8th September 2020
Tharaka Nithi Governor Muthomi Njuki Monday surrendered to the Ethics and Anti-Corruption Commission ahead of his planned arraignment. The governor surrendered at the commission’s Integrity House headquarters, Nairobi, for processing and possible arraignment, officials said. Njuki and his wife are among ten people expected to be charged this morning with… Read More