Africa
Nigerian Fintech, Flutterwave, others accounts frozen over alleged money laundering in Kenya
The firms have been accused of being used as conduits for money laundering in the guise of providing merchant services.
Gifty Danso
Results for "Public Financial Management Act"
5713 results.
General
ECOWAS lifts sanctions on Mali, Burkina Faso
The sanctions were lifted after military leaders presented a proposal for a 24-month transition to democratic rule and a new constitution that would lead to elections in March 2024.
DL News
Business
Rural and Community Banks recorded highest rate of staff involvement in fraud cases in 2021 – BoG report
The fraud report presents an overview of fraud typologies recorded in the Banking and SDI sector and Electronic Money Issuers (EMI) sector.
DL News
Courts
Payment for ambulances : Ato Forson did not do the authorization – 2nd Prosecution witness
Former Deputy Finance Minister, Dr. Cassiel Ato Forson, and two others; Dr. Sylvester Anemana and businessman, Richard Jakpa have been charged by the state for causing financial loss over the importation of 30 ambulances out a total of 200.
DL News
Africa
Nigeria passes bill to tighten money laundering laws
The bill makes it mandatory for banks and other financial institutions to report any single transaction or lodgment in excess of $12,000 for an individual, and $24,000 in the case of a corporate body.
AllAfrica
General
‘You can do better’ – AG charges EOCO on recovery of crime proceeds
Mr. Dame said perpetrators of crime should not be allowed to enjoy their proceeds, and that although he believes EOCO has the capacity to go after perpetrators of crime and recover from them such proceeds of their criminal enterprise, the o...
CITINEWSROOM
Crime
Alleged financial malpractice: Church chairman arrested
He has been accused of diverting church funds into the accounts of a private company that he created with his own people.
GNA
Africa
Samsung chief Jay Y Lee fined $60,000
A Seoul Central District Court spokesman confirmed the fine and 17 million won of additional forfeiture, following local media reports. During a hearing earlier this month, Lee admitted that he used propofol 41 times over a five-year span t...
ALJAZEERA NEWS
Business
Newmont Akyem Mine presents over GH¢110 million dividend to gov’t for 2021 financial year
Mr Hardy expressed the Company’s appreciation to the government for the support.
DL News
Asia
Hong Kong property agencies suing Evergrande to recover commissions
Evergrande has vowed to repay its suppliers and contractors in mainland China as soon as possible, in some cases offering apartments or other real estate assets, as construction at many of its sites have halted because of delayed payments.
DL News
Africa
High Court in Kenya declares being housewife a full-time payable job
Justice Matheka made the statements as she read her ruling in a case where a divorced lady sought to have their family property sold and the money shared equally between her and her ex-husband.
DL News
Courts
Attorney General wants Justice Honyenugah back in Opuni case
In July 2021, Dr Opuni’s lawyers filed an application at the Supreme Court asking that it restrains Justice Honyenuga from hearing the matter.
DL News
US
Carlos Ghosn: Father and son sentenced for helping ex-Nissan boss escape
A Turkish court convicted an executive of Turkish jet company MNG and two pilots over their role in flying him out of Japan
DL News
General
AG to get CID to investigate PPA that resulted in $170m judgment debt
Mr.Yeboah Dame disclosed that a committee constituted in 2016 revealed that the said agreement was not properly done
DL News
Business
Stop buying or selling foreign currency or face prosecution-BoG warns unlicensed entities
“The sole legal tender in Ghana is the Ghana cedi and the Ghana pesewa. It is prohibited to price, advertised, and demand payment for goods and services in foreign currency.”
DL News
Others
El Savador adopts Bitcoin as legal tender after MPs vote
MPs voted for the plan on Tuesday with 62 out of 84 possible votes
DL News
General
We Demand Justice For Lilian Dedjoe – FIDA Cries
The International Federation of Women Lawyers (FIDA) is demanding justice for the late Lilian Dedjoe, who was allegedly battered to death by her husband Charles Dedjoe.
DL News
Opinion
Natural Resources, The Environment and the Constitutional Review Committee’s Recommendations: Why Government Should Reconsider Its Position
The article critiques the Government of Ghana’s rejection of proposed constitutional reforms on natural resource governance and environmental protection. It advocates stronger constitutional safeguards for public trusteeship, sustainability...
Anthony Danquah
Opinion
My Lord! To be or not to be? [Part 1]
This article examines the process of becoming a judge in Ghana, outlining the recruitment procedures, conditions of service, postings, transfers, leadership expectations, and the exclusivity of judicial roles. It provides insights into the...
Bertha A. Aniagyei
Courts
Court grants OSP bid for secret testimony in Charles Bissue galamsey trial
Sitting at the Criminal Division, Justice Audrey Kocuvie-Tay on Tuesday upheld an application for the OSP’s key witness to give evidence in camera.
DL News