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Graft

Egypt's government complicit in wheat corruption - parliamentary report

Egypt's Minister of Supply Khaled Hanafi attends the Egypt Economic Development Conference (EEDC) in Sharm el-Sheikh, in the South Sinai governorate, south of Cairo, Egypt March 14, 2015. PHOTO BY  REUTERS/Amr Abdallah Dalsh
Egypt's Minister of Supply Khaled Hanafi attends the Egypt Economic Development Conference (EEDC) in Sharm el-Sheikh, in the South Sinai governorate, south of Cairo, Egypt March 14, 2015. PHOTO BY REUTERS/Amr Abdallah Dalsh
By Eric Knecht and Maha El Dahan
28/08/2016

CAIRO/ABU DHABI (Reuters) - A parliamentary fact-finding commission's report into corruption in Egypt's wheat industry finds that the government played a key role in "wasting public funds" in its costly food subsidy programme.

Scandal-hit Gupta family says plans to sell South African holdings

An entrance to the ANN7 Television and The New Age newspaper offices, owned by the Gupta family, is seen in Midrand, Johannesburg, South Africa, April 14, 2016. PHOTO BY REUTERS/Siphiwe Sibeko
An entrance to the ANN7 Television and The New Age newspaper offices, owned by the Gupta family, is seen in Midrand, Johannesburg, South Africa, April 14, 2016. PHOTO BY REUTERS/Siphiwe Sibeko
By Ed Stoddard
28/08/2016

JOHANNESBURG (Reuters) - South Africa's wealthy Gupta family, which has been accused of holding undue political sway over President Jacob Zuma, said on Saturday it planned to dispose of all stakes it holds in South African businesses before the end of the year.

South African prosecutors challenge bid to reinstate Zuma graft charges

South Africa's President Jacob Zuma speaks during an African National Congress youth rally in Durban, South Africa, June 25, 2016. PHOTO BY REUTERS/Rogan Ward
South Africa's President Jacob Zuma speaks during an African National Congress youth rally in Durban, South Africa, June 25, 2016. PHOTO BY REUTERS/Rogan Ward
15/07/2016

JOHANNESBURG (Reuters) - South Africa's state prosecutor said on Friday it would go to the top court to challenge a ruling reinstating corruption charges against President Jacob Zuma - drawing accusations from the opposition of a cover-up.

Nigeria says arms deals irregularities had serious consequences

Minister of Information Lai Mohammed briefs the media on the town of Bama liberated from Boko Haram, during a news conference in Abuja, Nigeria, December 8, 2015. PHOTO BY REUTERS/Afolabi Sotunde
Minister of Information Lai Mohammed briefs the media on the town of Bama liberated from Boko Haram, during a news conference in Abuja, Nigeria, December 8, 2015. PHOTO BY REUTERS/Afolabi Sotunde
15/07/2016

ABUJA (Reuters) - Irregularities in Nigerian military procurement deals as armed forces were fighting Islamist militant group Boko Haram had serious consequences, Information Minister Lai Mohammed said on Friday.

Goldman exec tells Libya fund trial that offering prostitutes 'unacceptable'

A view of the Goldman Sachs stall on the floor of the New York Stock Exchange, July 16, 2013. PHOTO BY REUTERS/Brendan McDermid
A view of the Goldman Sachs stall on the floor of the New York Stock Exchange, July 16, 2013. PHOTO BY REUTERS/Brendan McDermid
By Carolyn Cohn
01/07/2016

LONDON (Reuters) - A Goldman Sachs executive's alleged arranging of prostitutes for himself and the brother of a decision-maker at Libya's sovereign wealth fund was completely unacceptable behaviour for an employee of the bank, the first witness called by Goldman told a court on Thursday.

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