February 23, 2022 Business By Alois Vinga The Financial Intelligence Unit (FIU) of the Reserve Bank of Zimbabwe (RBZ) has ordered the freezing of the bank accounts of four companies after detecting money laundering activities. The entities concerned are: Transerv, Powerspeed Investments, Electrosales, Halsted Brothers Ltd and Enbee Store. InRead More →

POLICE investigating ex-Chelsea striker Diego Costa for an alleged betting scandal have won a court order to examine his bank accounts. The 33-year-old, currently a free agent after terminating his contract with Brazilian top-flight side Atletico Mineiro, was named last October as one of those questioned by detectives in theRead More →

Ammon News – The Royal Hashemite Court has been following recently published media reports about His Majesty King Abdullah II’s bank accounts, which included inaccuracies and outdated and misleading information that was used to defame Jordan and His Majesty, as well than distort the truth. In accordance with the principlesRead More →

In accordance with a civil court ruling, the bank accounts of the Maldives Integrated Tourism Development Corporation (MITDC) have been frozen while the passports of the company’s board of directors have been confiscated. The decision was made regarding unpaid dues to a private company, Crystalline Maldives, according to information fromRead More →

Mr Tan stressed that recovering money lost to scams is “very difficult”. “Where we have been able, this has involved close partnerships with financial institutions, in particular having DBS staff co-located with SPF at CSA to provide faster, real-time coordination and response.” As such, ASC and MAS are working withRead More →

Rana Ayyub released a statement on Friday in response to the allegations made against her by the Directorate of Law Enforcement (ED). Veteran journalist Rana Ayyub has been accused by the agency of embezzling funds received in the form of donations for relief during the Covid-19 pandemic. The statement releasedRead More →

MUMBAI: Reserve Bank of India (RBI) Governor Shaktikanta Das surprised markets on Thursday with a super accommodative monetary policy that not only left rates unchanged but also kept the dovish stance. Post-policy commentary was also supportive of growth, with the governor saying next year’s borrowing program would not be asRead More →

The House of Representatives expressed concern over the 45 million accounts that hold funds worth over N1.2 billion. To this end, the House of Representatives Ad Hoc Committee on Unclaimed Funds in Nigerian Commercial Banks and Offenses by the Central Bank of Nigeria has opened an investigation into the matter.Read More →

The boardroom crisis rocking Green Energy International Limited, an oil and gas company, whose chairman is former special adviser to the administration Olusegun Obasanjo, Professor Anthony Adegbulugbe, has taken a new turn. Adegbulugbe was the special advisor on energy in the administration of Olusegun Obasanjo. Recall that the two aggrievedRead More →

Getting older opens up a world of discounts available only to those in their prime. In addition to savings at your favorite restaurant, seniors can take advantage of discounts on banking services. Senior-friendly bank accounts can have benefits such as no monthly maintenance fees (or waivers of fees), free checks,Read More →

MONEY APP REVOLUT is expected to start offering traditional banking products, including credit cards and personal loans, to Irish customers this year after obtaining a full European banking licence. The fintech company, which is currently regulated by the Central Bank of Lithuania, plans to increase its offering to Irish customersRead More →