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
“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
In sync with greater enforcement: Firms’ compliance budgets grow
CCOs say that with more investigations comes (slightly) more money According to a recent survey, the budgets allocated to compliance have grown over the last year, including those of African participants in the study. Consulting giant Deloitte has released its 2015 Compliance Trends report, the result of its survey in which 20 large corporations across … Continue reading In sync with greater enforcement: Firms’ compliance budgets grow
Increased anti-corruption enforcement across Africa?
Chimera or Reality -- Is Africa stepping up its anti-graft game? If one is to believe the media attention that has been bestowed upon anti-corruption enforcement by various African jurisdictions, there has been an uptick in successful anti-graft campaigns across the continent. Or is there...? Has Africa truly embraced the prosecution of well-to-do businessmen and … Continue reading Increased anti-corruption enforcement across Africa?
The necessity of strong regional regulatory oversight on infrastructure projects in Africa
The necessity of strong regional regulatory oversight on infrastructure projects in Africa By Roger Tafotie Dr. Tafotie is a Pr1merio advisor with a legal & business focus on both African and European markets. A member of the Luxembourg Bar, he is also a lecturer in law at the University of Luxembourg. His focus areas include … Continue reading The necessity of strong regional regulatory oversight on infrastructure projects in Africa
South African Government implicated in allegedly bribing FIFA for 2010 World Cup
It has recently been reported that the South African Government bribed FIFA officials to secure the 2010 World Cup. Following the arrest of seven FIFA officials in Switzerland recently, the US DOJ has alleged that the South African Government was directly involved in bribing FIFA officials to secure the 2010 World Cup. The Zuma administration in … Continue reading South African Government implicated in allegedly bribing FIFA for 2010 World Cup
Corruption & instability scare away foreign direct investment in South Africa
Corruption & instability scare away foreign direct investment in South Africa Former ANC Treasurer and Mpumalanga premier Mathews Phosa has identified corruption, inconsistent government policies, and other factors as root causes of investors' growing reluctance to invest in South Africa. The Mail & Guardian's Adam Wakefield reports that Mr. Phosa, who speaks nine languages and … Continue reading Corruption & instability scare away foreign direct investment in South Africa
“Tender-preneurs” holding back tech investment in Africa
Will technological tender process end the reign of "tender-preneurs"? Biztech Africa's Tom Jackson reports from Connected East Africa conference in Diani, Kenya, that former Kenyan permanent ministry secretary Dr Bitange Ndemo has given a speech on how corruption is holding back technological investment in the country. The paper reports that development as a tech hub … Continue reading “Tender-preneurs” holding back tech investment in Africa
Book review: “Corruption and Human Rights Law in Africa”
Robert Wundeh Eno has written a book review of Kolawole Olaniyan's "Corruption and Human Rights Law in Africa" in the Lagos Vanguard. One of the key insights of the book, according to Eno, is that corruption is not a victimless crime, as often assumed. He draws the link between corruption and its real-world effects on … Continue reading Book review: “Corruption and Human Rights Law in Africa”
Kenya suspends 16 officials for corrupt acts, including 4 ministers
As the BBC reports, Kenyan President Uhuru Kenyatta has suspended four members of his cabinet in addition to 12 other government officials due to their being implicated in allegations of corrupt acts. The primarily affected ministries were transport, energy, labour and agriculture. (UPDATE: A fifth minister vacated her post on Sunday, three days after the original action by … Continue reading Kenya suspends 16 officials for corrupt acts, including 4 ministers
Anti-Fraud & Corruption Law in Africa 