Credit Suisse / UBS — Swiss prosecutors file charges in money-laundering case linked to Mozambique loans
The Swiss Office of the Attorney General has filed charges against a former Credit Suisse employee and assigned responsibility to the bank itself and its successor UBS for organizational failures that enabled the laundering of Mozambique’s state-backed loans obtained under the so-called “tuna bonds” — totaling over $2 billion. According to the prosecution, the funds […]
Albania intensifies anti-corruption drive, detaining key politicians including Tirana’s former mayor
In its efforts to meet European Union standards, Albania has stepped up the crackdown on high-level corruption. Among the most prominent arrests is that of Erion Veliaj, the former mayor of the capital city Tirana, charged with corruption, money laundering and asset concealment. Once a rising political star within the ruling party — with prospects […]
2025 Annual Meetings: Eradicate corruption to make the most of Africa’s capital
According to the United Nations Office on Drugs and Crime (UNODC), corruption stands as one of the greatest barriers to global economic and social progress. Every year, around $1 trillion is paid in bribes, while an estimated $2.6 trillion — more than 5% of the world’s GDP — is lost to corruption. In Africa, corruption […]
Retired NFL linebacker among more than 250 arrested in human-trafficking sting: police
A former NFL linebacker was among more than 250 individuals arrested in a large-scale human trafficking sting operation in Florida, which also led to the detention of three dozen undocumented immigrants, authorities reported. Adarius Taylor, 34 — who played seven seasons in the NFL with the Tampa Bay Buccaneers, Carolina Panthers, and Cleveland Browns — […]
PwC Exits Nine African Countries Amid Strategic Repositioning and Risk Concerns
PricewaterhouseCoopers (PwC) has recently closed its operations in nine Sub-Saharan African countries as part of a strategic restructuring. This development follows rising scrutiny around reputational risk and governance challenges, according to media and internal sources. Strategic Realignment and Regional Closures In a statement dated March 31, PwC confirmed the cessation of its operations in the […]
CVSA Launches 2025 Human Trafficking Awareness Initiative Across North America
The Commercial Vehicle Safety Alliance (CVSA) has officially launched its annual Human Trafficking Awareness Initiative (HTAI) in the United States, aiming to educate commercial drivers, motor carriers, law enforcement, and the public about the signs of human trafficking and how to respond if they suspect someone is being exploited. Throughout this week, law enforcement agencies, […]
McKinsey’s $122mn bribery settlement in South Africa sparks outrage
McKinsey and Company Africa Ltd, a subsidiary of McKinsey & Company, will pay more than $122 million to resolve a U.S. investigation into a bribery scheme in South Africa. Privately owned McKinsey Africa was charged with one count of conspiracy to violate the Foreign Corrupt Practices Act for agreeing to pay bribes to officials at […]
Kleptocrats to benefit from Trump DoJ’s anti-corruption pause, experts warn
Former prosecutors criticize Pam Bondi’s decision to halt enforcement of bribery laws as short-sighted and dangerous. Experts warn that Trump’s Justice Department pause on anti-corruption efforts will benefit kleptocrats. Former prosecutors criticize Attorney General Pam Bondi’s decision to suspend enforcement of bribery laws, calling it reckless and harmful. A major overhaul at the DOJ has […]
The Hidden Cost of Illegal Logging: A Critical Look at West Africa’s Rosewood Crisis
Illegal logging, particularly in West Africa, has triggered a devastating chain reaction of ecological, social, and economic crises. One of its most glaring impacts is the disruption of ecosystems upon which millions of people depend for survival. In regions plagued by massive deforestation, such as Gambia and Senegal, fish populations in rivers and lakes are […]
Corruption in the mineral trade in Central Asia: political and economic aspects
The mineral trade in Turkmenistan epitomizes systemic corruption, thriving under an authoritarian regime that stifles transparency and accountability. Dominated by politically connected elites, this sector operates in the shadows, unchecked by independent oversight or market regulations. Political repression silences dissent and ensures that any efforts to expose wrongdoing are swiftly quashed. Combined with strict media […]