16th September 2016
The Central Bank of Nigeria (CBN) has warned Nigerians to be careful not to deposit money in any institution that is not insured by the Nigeria Deposit Insurance Corporation (NDIC). The bank through its the acting Director of Corporate Communications, Mr. Isaac Okoroafor, warned especially on the trending MMM Nigeria community. “At times like this… Read More
15th September 2016
Nigeria’s former first lady has run out of patience with the country’s anti-corruption agency. The wife of former Nigerian President Goodluck Jonathan is taking the Economic and Financial Crimes Commission (EFCC) to court after the agency froze four bank accounts allegedly containing $31.5 million, which the ex-first lady says belongs… Read More
12th September 2016
Jonas Makwakwa is reportedly facing investigation for 'suspicious' and 'unusual' cash payments. Read More
9th September 2016
The gloves came off yesterday when Tshwane mayor Solly Msimanga walked into the police station to lay criminal charges against three senior ANC council administrators. Read More
8th September 2016
More than $2 billion has been lost from Tunisian coffers since former President Zine El Abidine Ben Ali was ousted in 2011. A report by the Global Financial Integrity organisation (GFI) highlighted the severity of the loss as $181 per capita and said corruption was the main cause of Tunisia’s… Read More
8th September 2016
Players in the Nigerian banking sector have been asked to make judicious use of the benefits of Information and Communications Technology (ICT) in their commitment to help the federal government fight the menace of money laundering in the country. President Muhammadu Buhari made the statement yesterday at the 10th Banking… Read More
8th September 2016
Regulating the banking sector in South Africa is a “difficult balancing act”, said Finance Minister Pravin Gordan in parliament on Wednesday. He was responding to questions from MPs posed to ministers in the economic cluster of government. “On the one hand we need to ensure there’s stability in the banking… Read More
7th September 2016
Malawi former president Bakili Muluzi did not obtain money mounting to more than K1.1 billion ($1.5 million) corruptly, former assistant director of the Anti-Corruption Bureau (ACB), Victor Banda, who is the state princial witness, told the High Court in Blantyre. Read More
7th September 2016
The Banking Association of South Africa, which represents the country’s biggest banks, wants President Jacob Zuma to pass the Financial Intelligence Centre Amendment Bill, which targets money laundering. “We have full faith in the South African Reserve Bank and we are happy with the FIC amendment bill,” said Basa’s Managing… Read More
6th September 2016
Tunisia’s new government is mobilising to tackle corruption, a canker worm eating deep into the country. Read More