Editor Minister, money laundering, Nigeria, politics

Money laundering, $2bn phantom contracts, and Boko Haram

Nigeria moves on its anti-corruption promises: Former Defence Minister charged Reuters and BBC have reported that former Nigerian Defence Minister, Bello Haliru Mohammed -- a veterinarian by training who served in several ministerial positions, most recently under former President Goodluck Jonathan -- has been charged with money laundering and related corruption counts. He is no stranger to … Continue reading Money laundering, $2bn phantom contracts, and Boko Haram

Editor IMF, Legislation, Minister, Nigeria, politics

From Managing Director to President: Get rid of corruption!

IMF's Lagarde to Nigeria's Buhari: Country needs to strike balance, yet ensure long-term anticorruption measures By Michael James Currie. The managing director of the International Monetary Fund, Christine Lagarde, welcomed Nigeria’s anti-corruption campaign which has been significantly pushed by President Buhari who was elected in May 2015. The Buhari administration is moving towards developing a strong … Continue reading From Managing Director to President: Get rid of corruption!

Editor cooperation / coordination, double standard, ICC, politics

‘Omar Dis-Appear’: Legal Effects of Africa’s Withdrawal from the ICC

'Omar Dis-Appear': The Potential Legal Effects of Africa’s Withdrawal from the International Criminal Court as a Result of the Omar Al-Bashir Debacle By Rui Lopes -- AAT & AAF contributing author ("The Fascinating Story of Thula Madonsela and Being Undermined") The mass withdrawal of the Rome Statute by African states leaves most of them with little to no … Continue reading ‘Omar Dis-Appear’: Legal Effects of Africa’s Withdrawal from the ICC

Editor Minister, Nigeria, politics

New cabinet positions announced, but no anti-corruption minister in sight

Key Nigerian ministerial positions announced, with long delay The swearing-in of Nigeria’s new members of President Muhammadu Buhari’s cabinet took place in his villa in Abuja, notably after an almost six-month delay (hence the popular moniker for the new leader, “Baba Go Slow”). As Andreas Stargard, a director with African anti-corruption advisors Pr1merio, points out, … Continue reading New cabinet positions announced, but no anti-corruption minister in sight

Editor Nigeria, overlap with antitrust, South Africa, Telecom

Fraud, corruption and the MTN fine

Fraud, corruption and the $5 billion MTN fine By Michael Currie MTN, Africa’s largest mobile network is reeling after a the Nigerian Communications Commission (NCC) fined the company USD $5.2 billion for failing to disconnect approximately 5.1 million customers from unregistered phone cards. The NCC calculated the fine by fining MTN USD $1,001 for each … Continue reading Fraud, corruption and the MTN fine

Editor double standard, FDI, Legislation, Minister, Nigeria, outside investment, West Africa

How a Billionaire Changed Corrupt Government: Dangote vs. Mugabe

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

Editor cooperation / coordination, culture of compliance, Minister, Nigeria, outside investment, politics, West Africa

Buhari to the rescue: Tackling corruption in Africa’s largest economy

"The wind of change is blowing through this continent..." Perhaps reminiscent of the “Winds of Change” (the speech delivered in 1960 by British Prime Minister Harold Macmillan to the Parliament of South Africa in Cape Town), the recent address given by new Nigerian President Muhammadu Buhari at the United Nations represents a political milestone in seeking to eradicate … Continue reading Buhari to the rescue: Tackling corruption in Africa’s largest economy

Editor DOJ, FCPA, South Africa, USA

“Apartheid stole the past, corruption steals our future” – South Africa protests graft

Wake-up call for Zuma government?  Unlikely as ANC battles crises on many fronts On September 30, 2015, several major South African cities saw a significant turnout of the Republic's denizens taking to the streets, protesting rampant perceived corruption in their country: demonstrations took place, inter alia, in Pretoria, Cape Town, Polokwane, and Durban.  They numbered in … Continue reading “Apartheid stole the past, corruption steals our future” – South Africa protests graft

Editor Uncategorized

French Authorities Investigate Top Political Advisor in Gabon

According to recent reports, French authorities are investigating one of Gabon President Ali Bongo’s closest political advisors, Maixent Accrombessi, in relation to an alleged bribe which Accrombessi accepted from French firm Marck. It is alleged that Marck’s chairman, Philippi Belin, who has been placed under formal investigation, paid Accrombessi a bribe in relation to Gabon’s … Continue reading French Authorities Investigate Top Political Advisor in Gabon

andreasstargard culture of compliance, East Africa, enforcement, event / seminar / conference, FCPA, Kenya, outside investment, USA

“Just a math issue”: Anti-Corruption Efforts in Kenya take Center-Stage for Obama

Anti-Corruption Efforts will Require some "Visible Prosecutions" President Obama opined that it was "absolutely the right thing to do for President Kenyatta [to] emphasize" the Kenyan government's stepped-up anti-corruption efforts.  He called public corruption potentially "the biggest impediment to Kenya growing even faster." "Just a math issue" Business efforts being "constantly sapped" was a real … Continue reading “Just a math issue”: Anti-Corruption Efforts in Kenya take Center-Stage for Obama