Tech
Flutterwave’s accounts in Kenya have been frozen over fresh money laundering allegations
A recurring theme in the allegations laid against Flutterwave is the company’s involvement in card fraud and money laundering.
Tech Cabal
Results for "Cryptocurrency transactions"
374 results.
General
Selective criminalisation of breach of fiduciary duties in new Lands Act discriminatory, unconstitutional – OccupyGhana
The group makes the case that while Act 1036 falls short of specifically criminalising the same breach by managers of Public Lands, Article 36(8) of the Constitution imposes the same duties on all ‘managers of public, stool, skin, and famil...
DL News
Africa
Three Nigerian men charged for allegedly defrauding entities, including US universities
The three, Olabanji Egbinola, Oludayo Kolawole John Adeagbo, and Donald Ikenna Echeazu are facing charges of wire fraud conspiracy, money laundering conspiracy, and aggravated identity theft.
DL News
Courts
Opuni case: 6th Defence Witness questions basis for charges against accused persons
Dr. Opuni and Agongo, the CEO of Agricult Ghana Limited, are on trial for allegedly engaging in illegalities in a series of fertilizer transactions which the Attorney-General (A-G) says caused a financial loss of GH¢271.3 million to the sta...
DL News
Business
There is a surge in fraudulent online business transactions – EOCO
“This recurrent crime comes at the back of fraudsters cashing in on the convenience of transacting business online and depriving members of the public of their hard-earned monies.
DL News
US
R. Kelly sentenced to 30 years in prison for federal racketeering, sex trafficking
Prosecutors had asked the judge to sentence Kelly, 55, to more than 25 years behind bars, while his defense attorneys asked for 10 or fewer, saying prosecutors' request was "tantamount to a life sentence."
CNN
Business
FCA fines Ghana International Bank £5.8 million for breach of Money Laundering Regulation
Under Regulation 42(1), the Authority is empowered to impose civil penalties upon those who breach the Regulations
DL News
Courts
Opuni’s Criminal trial: High Court dismisses motion for stay of proceedings
Dr. Opuni and Agongo, the CEO of Agricult Ghana Limited, are on trial for allegedly engaging in illegalities in a series of fertilizer transactions which the Attorney-General (A-G) says caused a financial loss of GH¢271.3 million to the sta...
DL News
Courts
Opuni signed but didn’t write letter to PPA for fertilizer purchase – 4th Defence Witness tells court
Dr. Opuni and Agongo, the CEO of Agricult Ghana Limited, are on trial for allegedly engaging in illegalities in a series of fertilizer transactions which the Attorney-General (A-G) says caused a financial loss of GH¢271.3 million to the sta...
DL News
Business
Aftermath of the Supreme Court's order to GRA: A look at E-levy deductions, accountability
Aftermath of the Supreme Court order to GRA: A look at E-levy deductions, accountability
DL News
Tech
Experts share opinions on Digital currencies, regulated Banking, future of money
The panel comprised of Mr.Adolph Kpegah, Chief Risk Officer, Absa Bank, Mr.Kwame A. Oppong, Head of FINTECH and Innovations at the Bank of Ghana, and Mr.Desmond Israel, Legal practitioner, founder, and lead consultant at Information Securit...
DL News
Business
E-levy requires further deliberations, analysis- Dr.Ali-Nakyea
According to him, there is the need for Government to also analyze the impact of the E-levy on financial inclusion and successful mobile money interoperability.
DL News
Crime
Six suspects arrested for illegal arms transactions
The six, Alhassan Jamah, Bashiru Salifu, Kassim Aninga, Mohammed Asako, Salifu James, and Ibrahim Mohammed were arrested on Friday, December 3, 2021.
DENNISLAW NEWS
General
Government abolishes road tolls in 2022 budget
Revenue generated from road tolls are mainly used to finance, fix and maintain public roads.
DL News
General
Why Ghana’s “Auditor General Reports” Risk Becoming Circus Shows: Bright Simons
The sense that powerful people, especially those at the apex of the political system, are not exempt from the reach of public audits is the only way to restore confidence in the usefulness of these exercises.
DL News
General
GNPC debunks Auditor-General’s report on breach of public procurement law
“We urge the Auditor-General and his staff to cultivate extreme diligence in their duties to avoid embarrassing themselves and the state entities they audit.”
DL News
General
Auditor General’s report: GNPC breached public procurement law
GNPC signed and awarded five international business contracts between 2015 to 2018 without the necessary parliamentary approval.
DL News
Courts
Court orders Opuni to open defence
The Accra High Court has ordered former Chief Executive Officer of COCOBOD, Dr Stephen Kwabena Opuni, and businessman Seidu Agongo, to open their defence.
DL News
Africa
Law firms expand in Africa
South African law firm Webber Wentzel has bagged a team of M&A lawyers from Cliffe Dekker Hofmeyr, while Fluxmans Attorneys has hired a new director.
DL News
Opinion
Evaluation of the Efficacy of the Corporate Insolvency and Restructuring Act 2020 (Act 1015) of Ghana: A Comparative Analysis with the Insolvency Legal Framework of the United Kingdom (Part I)
The article examines Ghana’s Corporate Insolvency and Restructuring Act, 2020 (Act 1015), comparing its corporate rescue and insolvency mechanisms with those of the United Kingdom. It highlights Ghana’s progress towards a rescue-oriented fr...
Jennifer Abena Dadzie