By Jemma Muller and Tyla Lee Coertzen Despite the noteworthy progress South Africa has made in response to the deficiencies identified in the Financial Action Task Force’s (“FATF”) Mutual Evaluation Report released in June 2021, the FATF placed South Africa on the ‘grey-list’ on 24 February 2023. In order to understand the consequences of being … Continue reading Greyed-Out by FATF: South Africa officially placed on the grey-list; where to from here?
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
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…
Anti-Fraud & Corruption Law in Africa 