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Graft

Mozambique did not show where $500 million in loans were spent - audit

Dollar banknotes are seen in this picture illustration taken, April 28, 2017. PHOTO BY REUTERS/Dado Ruvic
Dollar banknotes are seen in this picture illustration taken, April 28, 2017. PHOTO BY REUTERS/Dado Ruvic
24/06/2017

MAPUTO (Reuters) - Mozambique did not adequately show where at least $500 million out of $2 billion in loans meant for state companies was allocated, according to an audit by risk-management firm Kroll released on Saturday.

South Africa anti-graft chief open to talks on central bank - report

Public Protector Busisiwe Mkhwebane listens during a briefing at Parliament in Cape Town, South Africa, October 19, 2016. PHOTO BY REUTERS/Mike Hutchings
Public Protector Busisiwe Mkhwebane listens during a briefing at Parliament in Cape Town, South Africa, October 19, 2016. PHOTO BY REUTERS/Mike Hutchings
24/06/2017

JOHANNESBURG (Reuters) - The head of South Africa's anti-graft watchdog is open to talks on her recommendation to change the central bank's mandate, a proposal that has drawn sharp criticism from parliament, the ruling party and investors, a local news agency said on Saturday.

Portuguese judge rules Angola's vice president must stand trial for corruption

Angolan Vice President Manuel Domingos Vicente addresses the United Nations General Assembly in the Manhattan borough of New York, U.S., September 22, 2016. PHOTO BY REUTERS/Eduardo Munoz
Angolan Vice President Manuel Domingos Vicente addresses the United Nations General Assembly in the Manhattan borough of New York, U.S., September 22, 2016. PHOTO BY REUTERS/Eduardo Munoz
By Andrei Khalip
22/06/2017

LISBON (Reuters) - A Portuguese judge has ruled that corruption and money laundering charges brought by prosecutors against Angolan Vice President Manuel Vicente were valid and all suspects in the case, which has angered Angolan authorities, should stand trial.

Corruption watchdog's attack on central bank stuns South Africa

Public Protector Busisiwe Mkhwebane listens during a briefing at Parliament in Cape Town, South Africa, October 19, 2016. PHOTO BY REUTERS/Mike Hutchings
Public Protector Busisiwe Mkhwebane listens during a briefing at Parliament in Cape Town, South Africa, October 19, 2016. PHOTO BY REUTERS/Mike Hutchings
By Ed Cropley
21/06/2017

JOHANNESBURG (Reuters) - In eight months as the head of South Africa's anti-graft agency, Busisiwe Mkhwebane, has avoided the limelight, a break from her predecessor whose dogged pursuit of corruption cases against President Jacob Zuma made her a household name.

Equatorial Guinea leader's son on trial in France in absentia

Equatorial Guinea's Second Vice-President Teodoro Nguema Obiang Mangue addresses attendees during the 70th session of the United Nations General Assembly at the U.N. Headquarters in New York, September 30, 2015. PHOTO BY REUTERS/Eduardo Munoz
Equatorial Guinea's Second Vice-President Teodoro Nguema Obiang Mangue addresses attendees during the 70th session of the United Nations General Assembly at the U.N. Headquarters in New York, September 30, 2015. PHOTO BY REUTERS/Eduardo Munoz
19/06/2017

PARIS (Reuters) - The son of Equatorial Guinea's president went on trial on Monday in his absence in Paris on charges of using money plundered from his country to buy Parisian luxury properties and exotic cars.

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