Africa
Why Hushpuppi should spend at least 11 years in jail - U.S. government
The U.S. government wants Ramon Abbas, aka Hushpuppi, who pleaded guilty to conspiracy to engage in money laundering in July 2021, jailed for 135 months.
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Results for "National Student Financial Aid Scheme"
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Crime
Son of former Ghanaian MP convicted for online fraud in US; Faces up to 50 years in prison
Inusah was found guilty of receipt of stolen money, conspiracy to commit money laundering, and two other counts of wire fraud.
DL News
Crime
Ghanaian-American arrested over romance fraud scheme
His arrest followed the return of a five-count indictment from a federal grand jury, the statement said.
DL News
Africa
Rwanda asylum flight cancelled after legal action
Home Secretary Priti Patel said she was "disappointed" but added: "Preparation for the next flight begins now."
BBC
Africa
Portugal bans bosses texting staff after-hours
Portugal already has a temporary resident visa scheme designed to attract entrepreneurs and freelancers.
DL News
US
US judge temporarily blocks Texas’ near-total abortion ban in blow to contentious law
On Monday, the US supreme court begins a new term, which in December will include arguments in Mississippi’s bid to overturn 1973’s landmark Roe v Wade decision guaranteeing the right to an abortion.
DL News
Europe
French CEO sent to prison after his policies resulted in the suicides of 35 employees
The trial shows that managers waging a campaign of harassment against employees could establish a a precedent in France and other countries.
DL News
Africa
Conspiracy to commit money laundering: Hushpuppi pleads guilty
Huspuppi is standing trial in Los Angeles, California and reports say he risk 20 years in jail.
DL News
Others
Settled status: EU citizens urged to apply to stay in UK now or lose rights
More than 5.6 million applications have been received, but around 400,000 cases are still waiting to be processed.
DL News
Africa
Nigerian citizen charged with defrauding Washington State Employment Security Department of over $350,000
A Nigerian citizen was arrested Friday evening at JFK Airport in New York on a criminal complaint charging him with wire fraud for his scheme to steal over $350,000 in unemployment benefits from the Washington State Employment Security Depa...
DL News
Courts
CEO of K. Ofori Enterprise, 3 others in court over GH¢1.6 billion alleged tax evasion
State prosecutors have dragged the Chief Executive Officer (CEO) of K. Ofori Enterprise and three others to court for what the prosecution has told the court was an alleged evasion of tax to the tune of GH¢1.6 billion.
DL News
General
Engagements are still ongoing with Shatta wale and Stonebwoy amid ban lifting – Charterhouse PRO
Public Relations Officer for Charterhouse, Robert Klah, has disclosed that conversations with regards to lifting the ban on dancehall artists Stonebwoy and Shatta Wale are still ongoing.
DL News
Courts
Gov’t to prosecute Wontumi Farms over alleged GH¢24m Exim Bank fraud
Addressing journalists at the Government Accountability Series on Monday, 22 December, Dr Ayine said investigations had uncovered forged documents used to secure a GH¢4 million facility from the state-owned bank.
DL News
Tech
'Crypto King' Sam Bankman-Fried faces decades in jail after guilty verdict
The jury delivered its verdict after less than five hours of deliberations.
BBC
Europe
Danish bank pleads guilty to multi-billion dollar fraud scheme on U.S. Banks
The guilty plea marks the end of a years-long investigation into the company after accusations that it funneled billions of dollars in illicit payments from high-risk clients, including in Russia
CNN
Courts
Ex-NDA Boss, two deputies and contractor escape jail despite conviction in procurement corruption case
Despite finding them guilty, the court declined to impose immediate prison sentences, citing mitigating circumstances, including their advanced ages and the intervention of the Office of the Special Prosecutor (OSP), which prevented financi...
DL News
Courts
Grant Ato Essien pardon-Lawyer petitions Mahama
Essien was sentenced to 15 years in prison by an Accra High Court after being found guilty of misappropriating over GH¢90 million in liquidity support that the Bank of Ghana had provided to Capital Bank.
DL News
Business
Large exposures directive for banks, others issued by BoG
The directive aims to mitigate risks by limiting the maximum loss Regulated Financial Institutions (RFIs) could face if a counterparty or a connected group of counterparties suddenly defaults.
DL News
Courts
Ambulance trial: Court directs Ato Forson, others to open defence
With two others, former Deputy Finance Minister, Cassiel Ato Forson are facing charges for causing financial loss over the importation of 200 ambulances
DL News
Business
Nigeria: Fidelity Bank PLC, others fined $857,000 over cryptocurrency transactions
The CBN circular of 5 February 2021 restricted deposit money banks (DMBs), nonbank financial institutions (NBFIs), and other financial institutions (OFIs) from facilitating cryptocurrency transactions. The account of any customer involved i...
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