money laundering

By IndepthAfrica
In Documentary
Mar 31st, 2014
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1140 Views
The world’s wealthy countries often criticize African nations for corruption especially that perpetrated by those among the continent’s government and business leaders who abuse their positions by looting tens of billions of dollars in national assets or the profits from state-owned enter...
By IndepthAfrica
In Article
Oct 21st, 2013
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60 Views
By Stephen Oronsaye PARIS (FRANCE) – The Financial Action Task Force (FATF) plenary has removed Nigeria from its Public Statement following the country’s full implementation of the mutually agreed Action Plan and the exhibition of a clear political commitment to continue the development of its ...
By IndepthAfrica
In Article
Mar 20th, 2013
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59 Views
OPENING REMARKS BY HIS EXCELLENCY PRESIDENT GOODLUCK EBELE JONATHAN, GCFR, AT THE ECONOMIST MAGAZINE’S NIGERIA SUMMIT ON TUESDAY, 18TH MARCH, 2013. PROTOCOLS It gives me great pleasure, being here at this Summit with you all today, to deliberate on our vision for transforming Nigeria into a global ec...
By IndepthAfrica
In Nigeria
Mar 11th, 2013
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161 Views
Pastor Olakunle Onaleye now founder Conquest Church Worldwide This is not the best of times for the Living Faith Church (Winners chapel in New York as US authority is beaming searchlights on the church’s activities over alleged bank forgery and identity theft. The investigation is sequel to a petitio...
By IndepthAfrica
In Nigeria
Jan 6th, 2013
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52 Views
By EMMANUEL UDOM It is clear that Timipre Sylva, the immediate past governor of the oil rich Bayelsa state is passing through tumultuous times in the hands of the Nigerian anti-graft agency, the Economic and Financial Crimes Commission, EFCC. Thursday last week, EFCC went to town, telling those who c...
By IndepthAfrica
In Article
Dec 28th, 2012
1 Comment
50 Views
by Teshome Debalke Everybody is wondering how did such civilized people as Ethiopians ended up under the rule of uncivilized regime like Tigrayan People’s Liberation Front (TPLF) “Woyane”? Before I go on exploring about how the uncivilized regime remained in power it is appropriate to explain what ci...
By IndepthAfrica
In Nigeria
Dec 5th, 2012
0 Comments
70 Views
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 that $700 million, out of the reported $1 billion loot ...
By IndepthAfrica
In Nigeria
Dec 4th, 2012
0 Comments
45 Views
Leadership (Abuja) editorial A recent report by the Nigerian Deposit Insurance Corporation (NDIC) revealed that Nigeria’s banking sector recorded N28.4bn cases of fraud and forgeries in 2011. Again, last week, the KPMG, a global leader in auditing, in its Second Africa Fraud Barometer findings,...
By IndepthAfrica
In South Africa
Nov 30th, 2012
0 Comments
53 Views
The matter against former ANC Youth League leader Julius Malema and his co-accused was postponed until next year by the High Court in Polokwane on Friday. The case was postponed to 23 April 2013. Charges of racketeering have been added onto the initial charge he faced of money-laundering, the court h...
By IndepthAfrica
In Eritrea
Oct 15th, 2012
0 Comments
32 Views
Amendments are meant to reduce number of migrants; foreign violators could get three months in jail, Israeli intermediaries a year. Photo: Ben Hartman The Knesset Internal Affairs and Environment Committee on Monday approved for its second and third reading in the plenum two amendments that would lim...