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?
Ex-Public Protector Criticised for Accepting American & German Funds in Effort to Stamp out Government Fraud South Africa's current holder of the Office of the Public Protector ("OPP") -- a supposedly independent government institution designed to fill an ombudsman role in public corruption investigations -- Busisiwe Mkhwebane, has reported to Parliament’s justice committee that, unlike her … Continue reading Did U.S. Meddle with Zuma Corruption Investigation? There’s a new Sheriff in Town
Did a Nigerian CEO single-handedly wipe out source of Zimbabwean 'indigenisation' corruption? The Zimbabwean economy has been struggling hard under the regime of President Robert Mugabe for years, having contracted as much as 40-50% and suffering from galloping inflation rates of over 79 billion % (so-called hyper-inflation, which is exceedingly rare today). This has, in turn, led to … Continue reading How a Billionaire Changed Corrupt Government: Dangote vs. Mugabe