financial crime

From a sophisticated eCitizen heist in Kenya to billion-naira money laundering in Nigeria, recent prosecutions expose the sprawling nature of financial crime across the continent, where insider access and construction sector fraud dominate courtroom dockets.

Nigeria's Economic and Financial Crimes Commission arraigned a corporate executive and his wife for alleged investment fraud involving N740 million, while Kenyan authorities detained three suspects wanted in the United States for financial crimes ahead of extradition proceedings.