17th June 2019
Sudan’s ex-president Omar al-Bashir was charged with corruption-related offences on Sunday, as he appeared in public for the first time since he was overthrown and detained in April. Looking much the same as prior to his removal by the military, he was driven to the prosecutor’s office in Khartoum. He… Read More
14th June 2019
Algeria’s supreme court on Thursday remanded ex-prime minister Abdelmalek Sellal in custody over graft allegations, state TV said, in a crackdown on alleged corruption and cronyism among associates of former president Abdelaziz Bouteflika. The court later ordered the detention of former trade minister Amara Benyounes over his alleged involvement in… Read More
14th June 2019
Western Union Financial Services, Inc. has agreed to pay the US Treasury Department’s sanctions arm $401,697 for processing thousands of transactions over a 4-year period on behalf of a subagent that had been blacklisted for links to terrorism. The Colorado-based money services business began working with Gambia-based subagent Kairaba Shopping… Read More
13th June 2019
Algeria’s Supreme Court on Wednesday ordered former Prime Minister Ahmed Ouyahia be held in custody after he faced a judge over a corruption investigation, state TV reported, sending some Algerians onto the streets in celebration. The court later also detained former transport and public works minister Abdelghani Zaalane after a… Read More
11th June 2019
Senegal’s justice ministry asked prosecutors on Monday to launch an inquiry into the country’s energy contracts after a report alleged that the president’s brother was involved in fraud related to two offshore gas blocks being developed by BP. After the publication of the investigation by the BBC last week, President… Read More
10th June 2019
The news this week that the Bailiwick of Jersey had recovered more than $267 million linked to former Nigerian President Sani Abacha puts a spotlight on the banking sector’s vulnerability to money laundering. The funds, which were purportedly derived from corruption, had first been laundered through the US banking system… Read More
6th June 2019
Over $267 million has been seized from an account maintained for former Nigerian head-of-state Sani Abacha, according to the Bailiwick of Jersey. The funds, which have been transferred to Jersey’s Civil Asset Recovery Fund, were derived from corruption and laundered through the US banking system with aid of Abacha’s son… Read More
5th June 2019
Transportation and project logistics company F.H. Bertling Ltd will pay a £850,000 fine for its role in a bribery scheme that garnered $20 million in freight-forwarding services contracts, the UK Serious Fraud Office (SFO) said Monday. The fine follows seven convictions against the firm and its employees for facilitating the… Read More
4th June 2019
Kenya needs to urgently stamp out an upsurge of suspicious transactions in its financial sector that imperil future commercial activities and economic growth, Patrick Njoroge, the central bank governor, said on Monday. The East African nation is favoured by foreign investors mainly due to its diverse, fast-growing economy, but its… Read More
4th June 2019
A group of opposition politicians in Senegal called on Monday for an investigation of the history of two major offshore gas blocks run by BP after a report alleging fraud involving President Macky Sall’s brother Aliou Sall. The British Broadcasting Corporation (BBC) on Monday published an investigation alleging that in… Read More