Featured Congo

Billionaire Gertler threatens NGOs over Congo investigation into evading US sanctions

Global Witness and the Platform to Protect Whistleblowers in Africa (PPLAAF) said they condemn a criminal complaint filed against them in France by Afriland First Bank, a Cameroonian financial institution named in the Undermining Sanctions investigation. “For two of the principal subjects of our report to threaten or file… Read More

Miami feds file lawsuit to seize Congo minister’s $3 million Biscayne Bay penthouse

After Miami’s real estate boom and bust a decade ago, one of the many foreign buyers who swooped in to snap up a luxury high-rise condo overlooking Biscayne Bay was a minister of parliament in the Republic of the Congo. Denis-Christel Sassou Nguesso, whose father has been president of the… Read More

Case Closed? Why We Should Review Historic Wildlife Trafficking Cases from a Financial Perspective

It is a sad fact that, even today, enforcement action against the illegal wildlife trade (IWT) usually begins and ends with a seizure of illegal wildlife products. Financial investigations – routine for other serious crimes – are seldom undertaken for IWT. In recent years, however, a growing consensus has… Read More
25th October 2019
Sanctions programs levied on some Sub-Saharan African countries could be made more effective by targeting specific networks rather than comprehensive sanctions against an entire country, a new report says. The report, published by policy advocacy group The Sentry on Thursday, evaluates the effectiveness of sanctions programs currently or previously… Read More
13th September 2019
The tiny republic of San Marino has confiscated €19 million (£17 million) stashed in its banks by one of Africa’s longest-serving leaders. The money was allegedly deposited by Denis Sassou Nguesso, the president of the Republic of Congo, the former French colony also known as Congo-Brazzaville. The seizure of the… Read More
10th September 2019
Efforts by the Bank of Central African States (BEAC) to tackle money laundering and restock woefully thin foreign exchange reserves are causing dire currency shortages and delays to transactions across the six-nation currency union, businesses say. New BEAC rules introduced in June are aimed at bringing order to a monetary… Read More
8th August 2019
The son of Congo-Brazzaville’s president has misappropriated $50m (£41m) of public money by routing it through shell companies and secrecy jurisdictions, according to a new investigation. Six countries in the EU, the US state of Delaware and the British Virgin Islands all played a key role in Denis Christel Sassou-Nguesso’s… Read More
18th January 2018
Police on Wednesday searched the headquarters of Belgian company Semlex, which supplies passports to various African countries, and the home of its CEO, Albert Karaziwan. About a dozen officers arrived at Semlex’s office in Brussels and at Karaziwan’s house in the city early in the morning. By early afternoon,… Read More
21st November 2017
Glencore PLC is reshuffling the board of one of its giant African copper operations following an internal review that the company said found weaknesses in its controls over financial reporting. The move comes amid an investigation by Canada’s Ontario Securities Commission, or OSC, the country’s biggest regional securities regulator, into… Read More
27th June 2017
French authorities charged the daughter and son-in-law of Congo’s President with “money laundering and misuse of public funds,” as part of a larger investigation into the assets of three African presidential families, media reported Sunday. Read More
24th August 2016
Two Australian companies are being investigated over alleged bribery scandals linked to the presidents of Sri Lanka and the Congo, after the firms sought to secure multi-million dollar contracts in those countries. A Fairfax Media and 7.30 investigation can reveal Perth’s Sundance Resources is implicated in an alleged bribery plot… Read More
7th June 2016
Concerned over Congolese President Joseph Kabila's apparent attempts to cling to power, U.S. officials are pushing for sanctions against his inner circle but running into opposition from European powers wary of moving too quickly. Read More