Zimbabwe anti-corruption body starts audit of the rich
23rd June 2020
Zimbabwe anti-corruption body starts audit of the rich
Zimbabwean authorities say people who cannot explain where their wealth came from are in danger of having their assets seized even if courts clear them of a corruption allegation. The new operation was “an intensive lifestyle audit” of the rich, said the chairman of Zimbabwe’s anti-corruption commission Justice Loyce Matanda-Moyo. Read More
Miami feds file lawsuit to seize Congo minister’s $3 million Biscayne Bay penthouse
22nd June 2020
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
Aide to Congo President Sentenced to 20 Years for Corruption
22nd June 2020
Aide to Congo President Sentenced to 20 Years for Corruption
Vital Kamerhe, the chief of staff of Democratic Republic of Congo President Felix Tshisekedi, was sentenced to 20 years forced labor and faces millions of dollars in fines after a court convicted him of embezzlement and corruption. Kamerhe was convicted of participating in the theft of more than $50 million… Read More
South African police make arrests over notorious bank corruption scandal
18th June 2020
South African police make arrests over notorious bank corruption scandal
A number of people have been arrested by police investigating one of South Africa’s most notorious corruption scandals, the looting and collapse of VBS Mutual Bank. VBS, which held the savings of many disadvantaged people and local municipalities, collapsed with more than £100m in debts in 2018. Much of the… Read More
U.K. Serious Fraud Office Ends Investigation Into Bank Note Producer
17th June 2020
U.K. Serious Fraud Office Ends Investigation Into Bank Note Producer
The U.K.’s economic-crimes watchdog has ended its probe into bank note producer De La Rue PLC, saying Tuesday that the evidence in the case doesn’t meet the threshold for prosecution. The Serious Fraud Office said in July 2019 that it had opened an investigation into De La Rue… Read More
Key Financier of Venezuela’s Maduro Regime Arrested
15th June 2020
Key Financier of Venezuela’s Maduro Regime Arrested
Authorities in the African country of Cape Verde detained a Colombian businessman wanted in the U.S. on money-laundering charges, in a blow for Venezuela’s authoritarian government, for whom he has become an important deal maker. Alex Saab Morán, traveling in a private jet, was arrested during a refueling stop… Read More
UN Experts Show Gold Smuggling Networks From Congo to Dubai
15th June 2020
UN Experts Show Gold Smuggling Networks From Congo to Dubai
Gold smuggling from eastern Democratic Republic of Congo is costing the impoverished country millions of dollars in tax revenue and funding conflict and criminal networks that stretch across Africa and beyond, according to a United Nations Group of Experts report. Congo’s official exports of hand-dug gold bear almost no relation… Read More
Fresh Swiss Investigation Targets Ex-FIFA President Blatter
15th June 2020
Fresh Swiss Investigation Targets Ex-FIFA President Blatter
AP – Former FIFA president Sepp Blatter is the target of a criminal investigation in Switzerland for suspected mismanagement of a $1 million payment from soccer funds. Blatter has been notified by Swiss federal prosecutors he is an “accused person” over a loan FIFA gave in 2010 to the… Read More
Son of Nirsal MD who Fraudulently got N2bn ICT Contract Jailed for Money Laundering in UAE
11th June 2020
Son of Nirsal MD who Fraudulently got N2bn ICT Contract Jailed for Money Laundering in UAE
Imran Aliyu Abdulhameed, son of Aliyu Abdulhameed, the embattled Managing Director, Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) was jailed by the government of Ras AL Khaimah, the United Arab Emirates for laundering money, in case number 2018/4796, SaharaReporters can exclusively confirm. Imran was jailed in August 2018… Read More
Italian police find €15 million in drug proceeds stashed inside a wall
10th June 2020
Italian police find €15 million in drug proceeds stashed inside a wall
Italian police discovered €15 million in bank notes stashed behind a false wall in an apartment in Milan, one of the biggest sums of cash ever seized in the country. The money was packed into 28 cardboard boxes which were stacked behind a false wall in a flat belonging to… Read More
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