Mahtani Caught Up in Panama
Papers Tax Evasion Scandal
Lusaka, Zambia. The controversial Zambian businessman Rajan Mahtani is facing a potential
new criminal investigation related to alleged tax evasion activities revealed
by the whistleblower leaks of the so-called "Panama Papers” of law firm Mossack
Fonseca. According to tipsters based in London, Mahtani was spotted on Thursday, 14
July in Victoria Station on his way back from meeting with his lawyer Ashok
Kumar Sancheti at Morgan Walker Solicitors LLP on Chancery Lane in Central
London. The source indicates that Mahtani is in a panic to prepare a legal
defence strategy following his implication in the Panama Papers ahead of a
potential inquiry by the Serious Fraud Office (SFO). Read More ...
Horns of a Dilemma:
Mozambique poaching enriching North Korea's leadership.
South Africa. According to a study just released
by Global Initiative Against Transnational Organised Crime, the country is
incapable of disrupting the criminal syndicates that have turned it into a
major trans-shipment point for rhino horn, heroin, cocaine, methamphetamine and
dagga. The value of illegal drug trade in Mozambique, it claims, is probably
greater than all foreign aid combined. Global Initiative rhino
investigator Julian Rademeyer found that the corruption permeating every level of
the Mozambique state and the country's leaky ports, airports and borders made
it a smuggler's paradise. Of great concern is what he describes as "dodgy
diplomats”, particularly North Koreans, using this weakness to smuggle illicit
products. Read More ...
crime still pay?
The Hague, the Netherlands. From 2010 to 2014, 2.2% of the estimated proceeds
of crime were provisionally seized or frozen, and 1.1% of the criminal profits
were finally confiscated at EU level, according to a recent report penned by
Europol's Asset Recovery Unit, in cooperation with the Asset Recovery Offices
of EU Member States. This report, the first of its kind, shows that the
amount of money currently being recovered in the EU is only a small proportion
of estimated criminal proceeds: 98.9% of estimated criminal profits are not
confiscated and remain at the disposal of criminals. That means that around 50%
of all provisionally seized/frozen assets are ultimately confiscated.This study also estimates that the annual value of provisionally
seized/frozen assets in the EU is around EUR 2.4 billion, with about EUR 1.2
billion finally confiscated each year at EU level. Read More ...
Cashgate: Latest Convict gets 7 years.
Lilongwe, Malawi. Caroline
Savala who used to sell lipstick but made it big through cashgate has been
sentenced to seven years in prison for her role in the plunder of public funds. The
cashgate convict was found guilty of theft and money laundering on 17th July,
2015. On Monday
at the High court in Lilongwe, Savala who stole K85 million in the cashgate
syndicate was left to stand alone in the absence of her lawyer but appeared
composed giving the impression she was ready for the outcome of the day. Defence counsel Ralph Kasambara was absent from
the court at a time when he must have been needed most. Kasambara gave no
reason for his absence but Judge Fiona Mwale described the non-appearance as a
sign he was not interested in defending the convict. Read More ...
Chinese companies in Zimbabwe
ZIMBABWE has become a haven for dodgy and corrupt companies
amid revelations that China Jiangsu International Economic and Technical
Co-operation (CJI), a firm contracted by government to undertake the
refurbishment and expansion of the Harare International and Victoria Falls
airports, was blacklisted by the World Bank and African Development Bank for
fraud and corruption. The company, which is eyeing a number of construction projects, is part of
several dubious companies operating in the country. Another Chinese company, China Harbour
Engineering Company Ltd (CHEC), which was awarded a tender for the dualisation
of the US$2 billion Beitbridge-Harare-Chirundu highway, was also blacklisted by
the World Bank for fraud and corruption. Read More ...
ARINSA ANNUAL GENERAL MEETING 2016
Pretoria, South Africa. The ARINSA AGM for 2016 was held from 7 to 8 June 2016. The AGM was attended by well over 60 delegates from 18
countries. The ARINSA countries were well represented and joined by observer
countries including, Democratic Republic of Congo, Burundi, Ethiopia, Kenya,
Uganda, Madagascar, Angola and Mozambique. The President of the ARIN-WA, Mr.
Samuel Essel was also in attendance representing West Africa. Many embassies
and High Commissions in Pretoria were in attendance, including France, United
Kingdom, United States and The Netherlands. This was the first multi-lingual
ARINSA Annual General Meeting with interpretation being provided in English,
French and Portuguese. The Regional Representative for UNODC, Ms Zhuldyz Akisheva
and Adv. Nomvula Mokgatla, Head of the South African Asset Forfeiture Unit,
gave opening addresses, giving valuable insights into their AFU experience, including
the need for regional cooperation, effective administration and investigation
of cases, and to ensure that forfeiture orders were ultimately fulfilled. Read More ...
CASHGATE: KATENGEZA JAILED FOR 5 YEARS
Malawi, Lilongwe. Lilongwe
High Court has Tuesday sentenced cashgate convict Angella Katengeza
to five years imprisonment over the role in the K105.9 million
(about $157 000) laundered from the government coffers. Katengeza
was charged alongside former assistant director of tourism, Leonard Kalonga,
for conspiring to use the former's Faith Construction Company to defraud
Court judge Fiona Mwale found Katengeza guilty of theft and money
laundering in the fraud scam christened as cashgate, which was the biggest
financial scandal in Malawi's history and helped push former president Joyce
Banda out of power in 2014 elections. Kalonga
is also waiting for his sentence. "The
convict will serve a total of five years in prison,” Judge Mwale said. Read More ...
Ex-army General Odillo fails to take plea in Malawi 'cashgate' case.
Malawi, Lilongwe. Former Malawi Defence Force (MDF) Commander, General Henry
Odillo, who was arrested in May 2015 over a multi-million dollar
corruption allegation were on Friday taken to court but failed to take plea. Odillo and his former deputy, Lt Col Clement Kafuwa, are
accused of arranging a contract to supply military equipment to Thuso
Investments, which the State claims were not delivered..The Anti-Corruption Bureau (ACB) arrested them as part of an
on going investigation into government corruption known as "cashgate”. Odillo was fired by President Peter Mutharika in June 2015
and later given lucrative job in parastatal organisation. Read More...
ABALONE POACHERS NETWORK BURST
Cape Town, South Africa. When
police found 8 397 shucked abalone in the garage of Warrant Officer Daniel
October's house they called him at the Gansbaai Police Station. As they
watched the abalone slime drip from a car parked in October's garage, they
asked him to unlock his garage. He
is one of five policemen standing trial with 20 others accused in a
racketeering case involving one of the biggest abalone syndicates in the
country. It is
believed the syndicate has 700 members. They allegedly smuggled abalone worth
R2 billion, poaching an average of 1.1 ton a day over a 13-year period between
1998 and 2011. Read More ...
Mozambique: Officers At
Army Command Charged With Corruption
Maputo -- Mozambique's Central Office for the Fight
against Corruption (GCCC) announced on Thursday that it has charged nine
officers and civilian staff members at the Command of the Army with money
laundering, abuse of position and fraud. A press release from the GCCC
did not give the names of the accused, but said they included two captains. The
others are sergeants and civilians.Some of those accused were involved in
processing wages, and between 2010 and 2015 they diverted some of this money to
the benefit of their relatives and friends. Read More ...
VIETNAMESE CAUGHT WITH RHINO HORN
Maputo, Mozambique. On Monday (May 2), around 4
pm, the Mozambican authorities at the Maputo International Airport
arrested a Vietnamese citizen , who had earlier checked in with two
suitcases with rhino horn and rhino horn pieces. The authorities arrested the
Vietnamese citizen before he could get into the flight Q 870 to
Nairobi. The suitcases had 11 white rhino
horns , two of which of large size with the total weight of 19,6 kg,
and also two bags with parts of rhino horn disguised as cylinders and
remains with the weight of 2,8 kg. The total amount of rhino horn
seized was 22,4 Kg. Read More ...
Money Laundering Charges Dropped for TRA boss
THE former Commissioner General of the Tanzania Revenue Authority (TRA),
Harry Kitilya and two others had to be returned in remand custody
because their cases could not push through as planned. Apart from Kitilya, other accused are
former Miss Tanzania and Head of Investment Banking at Stanbic Bank,
Shose Sinare and Sioi Graham Solomon, the former Chief Legal Counsel to
the bank. The accused appeared before the court on April 1, this year. They were charged with eight counts
including forgery, obtaining money by false pretence and money
laundering, which the court dropped, leaving only seven counts. Read More ...
GLOBAL POWERS ARE ABOUT TO UNITE TO SAVE AFRICA'S ELEPHANTS
Giants Club was founded on the conviction that no nation, UN body or
NGO can save elephants by acting alone. By bringing together a
wide range of like-minded folk with an interest in preserving
wildlife for future generations, the club aims to protect 50 per cent
of Africa's elephants by 2020.
The summit will go a
long way to helping achieve that objective. As Kenya environment
secretary Judi Wakhungu said: "This is not another talking
shop. This is an extraordinary opportunity for us to show the world
that we know how to stop poaching.” Read More ...