Tag Archives: money laundering

Harare, Zimbabwe | AFP | The wife of Zimbabwe’s vice president was remanded in custody on Monday after appearing in court to face charges of fraud, money-laundering and attempted murder of her husband. Marry Mubaiwa, 38, who is the wife of Vice President Constantino Chiwenga, was arrested by Zimbabwe’s anti-graft commission …

Nairobi, Kenya | AFP | The flashy governor of Nairobi on Monday pleaded not guilty to over 30 charges of money laundering, receiving bribes and conflict of interest in a court appearance held under tight security. Governor Mike , the latest top official to be hauled in on corruption charges in …

Kampala, Uganda | THE INDEPENDENT | The Financial Intelligence Authority (FIA) says it is registering more entities to report cases of money laundering because launderers are now opting for non-traceable transactions. The authority recently announced that car dealers would be required to register with it, in a move to curb …

Kampala, Uganda | THE INDEPENDENT | A proposal requiring car dealers to register with the Financial Intelligence Authority-FIA in the move to curb money laundering in the business is in the offing. Section 21 of the Anti-Money Laundering Act, 2013 mandates the FIA to register all accountable persons who are …

Khartoum, Sudan | AFP | Sudan’s prosecutor general on Thursday ordered the questioning of deposed president Omar al-Bashir over money-laundering and “financing terrorism”, as protesters staged a vast rally in Khartoum to demand a civilian government. A source in the prosecutor general’s office confirmed reports on state media that acting public …

Kampala, Uganda | THE INDEPENDENT | The Financial Intelligence Authority (FIA) Deputy Executive Director, Michael Olupot Tukei has said the real estate sector is prone to money laundering. The sector, according to Olupot has not received much attention making it easy for money launders to transact in the real sector without …

Montreal, Canada| AFRICAN ARGUMENTS|  A new African Arguments investigation has found that politically-exposed African nationals hold Canadian real estate worth several millions of dollars. The study, conducted in partnership with the Journal de Montréal and Le Monde Afrique, reveals over a dozen individuals who have invested nearly $26 million in …