By Stephany Torres, Esq. The United Kingdom has recently extended their sanctions regime to target not only human rights abusers, but also international corruption under the new Global Anti-Corruption Sanctions Regulations 2021 resulting in the UK announcing in April 2021 that 22 people from six different countries facing various restrictions such as visa bans and … Continue reading UK sanctions Gupta brothers over South African corruption
Africa’s Corrupt Legacy? History Counts — and Understanding It Better Counts Still More
A Review of “European Colonization and the Corruption of Local Elites – The Case of Chiefs in Africa”, by Merima Ali, Odd-Helge Fjeldstad and Abdulaziz B Shifa, “Journal of Economic Behaviour and Organization”, November 2020 By Peter O’Brien Colonization was about generating profits from the territories colonized, and creating methods for channeling those profits to … Continue reading Africa’s Corrupt Legacy? History Counts — and Understanding It Better Counts Still More
Thursday webinar: Calling Out COVID Corruption & Why We Need Whistleblower Regimes
“Calling Out COVID Corruption: Why the pandemic requires robust Whistleblower regimes to combat corruption – lessons from abroad” Primerio Ltd. and Constantine Cannon LLP are pleased to invite you to what promises to be a lively & informative seminar on whistle-blowing, corruption, and lessons learned from the pandemic. REGISTER HERE FOR FREE: https://lnkd.in/dW_FjY8 With Panelists Zanele … Continue reading Thursday webinar: Calling Out COVID Corruption & Why We Need Whistleblower Regimes
South Africa: New Cyber Crimes Legislation
By Michael-James Currie and Camilla Warring The new Cybercrimes Bill (B 6B – 2017) has been the subject of much debate. It has been passed by the National Council of Provinces and now awaits assent by President Ramaphosa. If it passes into law it will create a number of new crimes, including the crime of … Continue reading South Africa: New Cyber Crimes Legislation
Kenya: The Pandemic Response and Management Bill (2020)
By Fidel Mwaki PROPOSED PROTECTIVE MEASURES FOR LOANS AND MORTGAGE DEFAULTERS As a result of Covid-19, the Pandemic Response and Management Bill, 2020 was introduced as a Senate Bill in April 2020 to provide a legal framework for a coordinated response and management of activities and temporary measures and relief during a pandemic. One of … Continue reading Kenya: The Pandemic Response and Management Bill (2020)
Amending Kenya’s Business Law: “Electronic Signatures” (2020)
By Fidel Mwaki The recently enacted Business Laws (Amendment) Act, 2020 has made a key change to Kenya’s business laws by amending the Law of Contract Act to provide a legal basis for electronic signatures to be used when executing contracts. Although electronic signatures are not a new phenomenon and have been in use in … Continue reading Amending Kenya’s Business Law: “Electronic Signatures” (2020)
Financial corruption scandal engulfs Nigeria’s top justice amid political turmoil
Code of Conduct Tribunal convicts Justice Walter Onnoghen The Tribunal convicted Mr. Onnoghen of false asset declarations in foreign bank holdings. The judge must now forfeit multiple foreign bank accounts and their (unidentified) contents to the Nigerian federal government. He is further barred from holding public office for ten years. Observers question the motivation behind … Continue reading Financial corruption scandal engulfs Nigeria’s top justice amid political turmoil
Sovereign Wealth Funds: Contributing to African growth or abetting corruption?
Back in 2016, AAF published a story about Och-Ziff's FCPA trouble involving, among Congolese diamond mines, the so-called Libyan Investment Authority (LIA). The LIA was a sovereign wealth fund ("SWF"), recalls Andreas Stargard, an attorney with Primerio Ltd., focused on anti-corruption and antitrust matters in Africa: "In the case of Och-Ziff, the LIA was allegedly implicated in … Continue reading Sovereign Wealth Funds: Contributing to African growth or abetting corruption?
Recent Gupta Saga Developments: Asset Forfeiture Unit Keeping Up Pressure
By Charl van der Merwe The South African National Prosecuting Authority’s Asset Forfeiture Unit (AFU) recently obtained a preservation order against various individuals and companies linked to the Gupta Family in respect of the controversial ‘Estina Diary Project’ in Vrede, Free State. According to the AFU, the project was established in partnership with a Gupta … Continue reading Recent Gupta Saga Developments: Asset Forfeiture Unit Keeping Up Pressure
And Don’t Even Mention the Russians…
Another look at South African economic & fiscal reality By AAF Guest Contributor James Greener, Ph.D. Minister Gigaba told us very little that we did not already know about the poor shape of the government’s finances. However, his unusual approach was actually to say as much and while he has been praised mightily for this, … Continue reading And Don’t Even Mention the Russians…
