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Graft

MTN illegally transferred "mind boggling" sum out of Nigeria, lawmaker tells hearing

A customer leaves an MTN shop in Johannesburg April 10, 2012. PHOTO BY REUTERS/Siphiwe Sibeko
A customer leaves an MTN shop in Johannesburg April 10, 2012. PHOTO BY REUTERS/Siphiwe Sibeko
By Tiisetso Motsoeneng and Camillus Eboh
20/10/2016

JOHANNESBURG/ABUJA (Reuters) - The amount of money which South Africa's MTN Group is alleged to have illegally moved out of Nigeria is "mind boggling", a Nigerian lawmaker said on Thursday at the start of a parliamentary investigation into the telecoms company.

South Africa's anti-graft watchdog to keep Zuma report until court case heard

South Africa's President Jacob Zuma makes opening remarks during the official opening of the U.N.'s Convention on International Trade in Endangered Species (CITES) in Sandton in Johannesburg, South Africa, September 24, 2016. PHOTO BY REUTERS/Siphiwe Sibeko
South Africa's President Jacob Zuma makes opening remarks during the official opening of the U.N.'s Convention on International Trade in Endangered Species (CITES) in Sandton in Johannesburg, South Africa, September 24, 2016. PHOTO BY REUTERS/Siphiwe Sibeko
19/10/2016

CAPE TOWN (Reuters) - The new head of South Africa's anti-graft watchdog said on Wednesday she would not release a report on allegations of political interference by President Jacob Zuma's allies pending completion of a court case on the matter.

Kenya's Kenyatta blames agencies for sluggish anti-corruption fight

Kenya's President Uhuru Kenyatta salutes guests as he prepares to receive Pope Francis at the State House in Kenya's capital Nairobi, November 25, 2015. PHOTO BY REUTERS/Thomas Mukoya
Kenya's President Uhuru Kenyatta salutes guests as he prepares to receive Pope Francis at the State House in Kenya's capital Nairobi, November 25, 2015. PHOTO BY REUTERS/Thomas Mukoya
18/10/2016

NAIROBI (Reuters) - Kenyan President Uhuru Kenyatta accused the judiciary and other agencies of undermining efforts to root out corruption, addressing a campaign pledge from his 2013 election and one which he is likely to be challenged on in next year's vote.

Kenyan opposition says any new Eurobond could become "odious debt"

Leaders of Kenya's opposition Coalition for Reforms and Democracy (CORD), Raila Odinga (R) and Moses Wetangula (L) arrive at a rally to mark Kenya's Madaraka Day, the 53rd anniversary of the country's self rule, at Uhuru Park grounds in Nairobi, Kenya, June 1, 2016. PHOTO BY REUTERS/Goran Tomasevic
Leaders of Kenya's opposition Coalition for Reforms and Democracy (CORD), Raila Odinga (R) and Moses Wetangula (L) arrive at a rally to mark Kenya's Madaraka Day, the 53rd anniversary of the country's self rule, at Uhuru Park grounds in Nairobi, Kenya, June 1, 2016. PHOTO BY REUTERS/Goran Tomasevic
17/10/2016

NAIROBI (Reuters) - Kenya's main opposition leader Raila Odinga said any new Eurobond issue by Kenya could be classified as "odious debt", saying the government had failed to account fully for the use of funds raised in a previous issue.

South African minister's affidavit details $490 mln in Gupta transactions reported as suspicious

Finance Minister Pravin Gordhan reacts during a media briefing in Johannesburg, South Africa, March 14, 2016. PHOTO BY REUTERS/Siphiwe Sibeko
Finance Minister Pravin Gordhan reacts during a media briefing in Johannesburg, South Africa, March 14, 2016. PHOTO BY REUTERS/Siphiwe Sibeko
By Ed Stoddard
17/10/2016

JOHANNESBURG (Reuters) - South African Finance Minister Pravin Gordhan has revealed in a court affidavit distributed by the Treasury on Sunday that 6.8 billion rand ($490 million) in payments made by wealthy brothers Ajay, Atul and Rajesh Gupta, companies they control, and other individuals with the same surname have been reported to authorities as suspicious since 2012.

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