Tag Archives: Banking in Switzerland

Nigeria: Abacha’s looted fund returns

December 5, 2012 by IndepthAfrica

Switzerland is set to expose public officers who stashed away looted funds in the country’s banks, just as it announced yesterday that the country new laws did not allow anonymous bank accounts in Swiss banks. The Swiss Government also announced … read more »

Posted in Nigeria, West Africa | Tagged , , , , , , , , | Leave a comment

Mubarak sons have millions in Swiss banks

October 17, 2011 by benim

Cairo – A senior Egyptian Justice Ministry official says ousted president Hosni Mubarak’s two sons have an estimated $340 million in Swiss bank accounts. Assem al-Gohary says Swiss authorities are investigating whether one of the sons, Alaa, was involved in … read more »

Posted in Egypt, News, North Africa | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Ghanaian UBS trader appears in court over £1.5bn fraud in Pictures

September 23, 2011 by benim

A suspected rogue trader said he was ‘sorry beyond words’ for his actions yesterday as he appeared in court accused of the City’s biggest fraud. Kweku Adoboli, 31, faces claims that he lost £1.5billion in a series of complex trades … read more »

Posted in Ghana, News, West Africa | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

EU plans to adopt Egypt asset freezes next week

March 16, 2011 by benim

The European Union plans to adopt sanctions against former Egyptian officials accused of stashing billions of dollars abroad next week, an EU official said on Tuesday. Egypt asked the United States and European Union to freeze the assets of several … read more »

Posted in Egypt, News, North Africa | Tagged , , , , , , , , , , , , , , , , , , | 1 Comment

WikiLeaks Handed Data on Secret Swiss Bank Accounts

January 17, 2011 by benim

LONDON — A former Swiss banker today supplied anti-secrecy site WikiLeaks with two CDs containing account details on more than 2,000 high-profile politicians, celebrities, crime bosses and multinationals suspected of tax evasion. Swiss whistle-blower Rudolf Elmer — the former chief … read more »

Posted in Europe, Global Issues | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

South Africa’s Standard Bank to boost brokerage

January 13, 2011 by benim

The stockbroking arm of South Africa’s Standard Bank is looking to boost its headcount, including equity analysts, following the end of a joint venture with Credit Suisse, senior executives said on Thursday. Standard Bank last year said it would end … read more »

Posted in Business, Economy | Tagged , , , , , , , , , , , , , , , | Leave a comment

MasterCard website hit; may have been attacked by WikiLeaks supporters

December 8, 2010 by benim

PURCHASE, N.Y. – The website for MasterCard suffered severe technical problems Wednesday, possibly the result of attacks by hackers supporting WikiLeaks founder Julian Assange. Credit cards were not affected. Supporters of the organization, which has released thousands of classified government … read more »

Posted in America, Global Issues, Wikileaks | Tagged , , , , , , , , , | Leave a comment