25th June 2020
An Algerian criminal court sentenced a former prime minister and energy minister to prison on corruption charges, in the latest crackdown on former officials in an OPEC nation struggling to allay youth discontent with the former regime. Former Prime Minister Ahmed Ouyahia was sentenced to 12 years while ex-Energy Minister… Read More
24th June 2020
Ten days ago, Colombian businessman Alex Saab was arrested in Cape Verde, an island republic off Africa’s west coast, as he was refueling his private jet. Saab is wanted in the U.S. on money-laundering charges involving hundreds of millions of dollars – but his detention in Cape Verde and his… Read More
23rd June 2020
AP — The U.N. Security Council warned Monday that armed groups violating a 2019 peace agreement in the Central African Republic could face international sanctions, and it urged all signatories to stick to their commitments and respond to cease-fire calls. The council in a statement welcomed progress in implementing the… Read More
23rd June 2020
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
22nd June 2020
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
22nd June 2020
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
18th June 2020
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
17th June 2020
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
15th June 2020
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
15th June 2020
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