money laundering Archives - Jean-Jacques Cornish https://jjcornish.com/tag/money-laundering/ The low down on African affairs Sun, 13 Oct 2019 22:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://i0.wp.com/jjcornish.com/wp-content/uploads/2020/05/cropped-Fountain_Pen_favicon-812.png?fit=32%2C32&ssl=1 money laundering Archives - Jean-Jacques Cornish https://jjcornish.com/tag/money-laundering/ 32 32 Exit polls give Kaïes Saïed a comfortable win in Tunisia’s Presidential election https://jjcornish.com/2019/10/exit-polls-give-kaies-saied-a-comfortable-win-in-tunisias-presidential-election/ Sun, 13 Oct 2019 22:00:00 +0000 https://jjcornish.com/2019/10/exit-polls-give-kaies-saied-a-comfortable-win-in-tunisias-presidential-election/ Retired law professor Kaïs Saïed is set to become Tunisia’s new President. Exit polls after yesterday’s run-off election against television mogul Nabil Karoui give him more than 70 % of the vote. Kaïs Saïed’s first response to his election win has been to thank your Tunisians for turning a new page in the country’s history. […]

The post Exit polls give Kaïes Saïed a comfortable win in Tunisia’s Presidential election appeared first on Jean-Jacques Cornish.

]]>
Retired law professor Kaïs Saïed is set to become Tunisia’s new President. Exit polls after yesterday’s run-off election against television mogul Nabil Karoui give him more than 70 % of the vote.

Kaïs Saïed’s first response to his election win has been to thank your Tunisians for turning a new page in the country’s history.

Saïed says that in the only democracy to have emerged from the 2011 Arab Spring confidence must be renewed between the people and their rulers.

Nabl Karoui says he’ll wait until the  electoral commission officially calls the results today  before deciding whether to contest the outcome.

The millionaire businessman and philanthropist spent all but the last four days of the campaign in jail awaiting trial on tax evasion  and money laundering charges.

The post Exit polls give Kaïes Saïed a comfortable win in Tunisia’s Presidential election appeared first on Jean-Jacques Cornish.

]]>
More than seven million Tunisians go to the polls tomorrow https://jjcornish.com/2019/09/more-than-seven-million-tunisians-go-to-the-polls-tomorrow/ Fri, 13 Sep 2019 22:00:00 +0000 https://jjcornish.com/2019/09/more-than-seven-million-tunisians-go-to-the-polls-tomorrow/ More than seven million registered voters head for the polls in Tunisia’s second democratic Presidential election tomorrow. With  26 candidates in the field it is unlikely anyone will emerge with more than fifty percent support. So a run off is likely by early November. Candidates in tomorrow’s race include a prime minister,  a defense minister […]

The post More than seven million Tunisians go to the polls tomorrow appeared first on Jean-Jacques Cornish.

]]>
More than seven million registered voters head for the polls in Tunisia’s second democratic Presidential election tomorrow.

With  26 candidates in the field it is unlikely anyone will emerge with more than fifty percent support.

So a run off is likely by early November.

Candidates in tomorrow’s race include a prime minister,  a defense minister and a former president.

The pollsters favorite is a television mogul in jail awaiting trial on tax evasion and money laundering charges,

The winner, now or in November, will have  to deal with economic stagnation, ever-present security threats and political instability.

The election is an acid test for the country where the Arab spring began more than eight years ago.

 

The post More than seven million Tunisians go to the polls tomorrow appeared first on Jean-Jacques Cornish.

]]>
Pollster’s favorites will contest Tunisia’s Presidential election from a cell https://jjcornish.com/2019/09/pollsters-favorites-will-contest-tunisias-presidential-election-from-a-cell/ Fri, 13 Sep 2019 22:00:00 +0000 https://jjcornish.com/2019/09/pollsters-favorites-will-contest-tunisias-presidential-election-from-a-cell/ Tunisian television mogul and philanthropist Nabil Karoui has lost his appeal to be granted bail in tomorrow’s Presidential election. Facing charges of tax evasion and money laundering, he is favoured to win more  votes than the 25 other candidates in the race. It’s unlikely Nabil Karoui will win an outright majority to succeed the late […]

The post Pollster’s favorites will contest Tunisia’s Presidential election from a cell appeared first on Jean-Jacques Cornish.

]]>
Tunisian television mogul and philanthropist Nabil Karoui has lost his appeal to be granted bail in tomorrow’s Presidential election.

Facing charges of tax evasion and money laundering, he is favoured to win more  votes than the 25 other candidates in the race.

It’s unlikely Nabil Karoui will win an outright majority to succeed the late President Beji Caid Essebsi who died in July.

The question is whether he will face trial, on what his supporters insist are politically motivated charges, before the run-off  that will follow  next month’s parliamentary election.

Karoui has gone on hunger strike demanding that he be released to cast his ballot.

This all adds confusion and tension in the only democracy to have emerged from the  Arab Spring eight years ago.

The post Pollster’s favorites will contest Tunisia’s Presidential election from a cell appeared first on Jean-Jacques Cornish.

]]>
Jailed Tunisian Presidential election candidate goes on hunger strike https://jjcornish.com/2019/09/jailed-tunisian-presidential-election-candidate-goes-on-hunger-strike/ Thu, 12 Sep 2019 22:00:00 +0000 https://jjcornish.com/2019/09/jailed-tunisian-presidential-election-candidate-goes-on-hunger-strike/ A front runner in Tunisia’s presidential election has gone on hunger strike in jail where he is awaiting trial. The country’s appeal court will today consider another  bid by television mogul Nabil Karoui to be given bail so he can vote on Sunday. Tunisia’s parliament passed a bill that as a television station owner Nabil […]

The post Jailed Tunisian Presidential election candidate goes on hunger strike appeared first on Jean-Jacques Cornish.

]]>
A front runner in Tunisia’s presidential election has gone on hunger strike in jail where he is awaiting trial.

The country’s appeal court will today consider another  bid by television mogul Nabil Karoui to be given bail so he can vote on Sunday.

Tunisia’s parliament passed a bill that as a television station owner Nabil Karoui is ineligible to run as president.

But the late President Beji Caid Essebsi refused to sign off  and make it law.

Karoui declared his candidature in May, two months before Essebsi’s death. 

Should he win the election and then be found guilty on charges of tax evasion and money laundering, for which he is being held,  he would be disqualified from holding office.

This would create a political crisis in the fledgling democracy.

The post Jailed Tunisian Presidential election candidate goes on hunger strike appeared first on Jean-Jacques Cornish.

]]>
Tunisian TV mogul must continue campaigning for the presidency from a jail cell https://jjcornish.com/2019/09/tunisian-tv-mogul-must-continue-campaigning-for-the-presidency-from-a-jail-cell/ Wed, 04 Sep 2019 22:00:00 +0000 https://jjcornish.com/2019/09/tunisian-tv-mogul-must-continue-campaigning-for-the-presidency-from-a-jail-cell/ Tunisian judges have refused an appeal by a jailed television mogul  to be released to campaign in next week’s presidential election. Nabil Karoui is one of the favorites in the field of 26 candidates. Nabil Karoui prefers to present himself as a political outsider. But that does not include campaigning from a jail cell where […]

The post Tunisian TV mogul must continue campaigning for the presidency from a jail cell appeared first on Jean-Jacques Cornish.

]]>
Tunisian judges have refused an appeal by a jailed television mogul  to be released to campaign in next week’s presidential election.

Nabil Karoui is one of the favorites in the field of 26 candidates.

Nabil Karoui prefers to present himself as a political outsider.

But that does not include campaigning from a jail cell where he has been since his arrest on August 23 to face charges of tax evasion and money laundering.

Tunisia’s electoral commission says he can run as long as he’s not convicted.

Karoui says he innocent and the charges he faces are politically inspired.

his supporters say his being in jail has not eroded his popularity as a philanthropist.

His  Nessma television channel has been barred from covering the election campaign.

The post Tunisian TV mogul must continue campaigning for the presidency from a jail cell appeared first on Jean-Jacques Cornish.

]]>
SA denies bail to former Mozambique minister facing possible extradition to the United States https://jjcornish.com/2019/02/sa-denies-bail-to-former-mozambique-minister-facing-possible-extradition-to-the-united-states/ Thu, 14 Feb 2019 22:00:00 +0000 https://jjcornish.com/2019/02/sa-denies-bail-to-former-mozambique-minister-facing-possible-extradition-to-the-united-states/ Mozambique’s ex-finance minister Manuel Chang, who’s facing possible  extradition to the United States, has been denied bail in the Kempton Park Magistrates Court. Chang, who was arrested at Oliver Tambo International Airport last December on is way to Dubai, argues that he’s being held unlawfully held  and that extradition to the US would be illegal. […]

The post SA denies bail to former Mozambique minister facing possible extradition to the United States appeared first on Jean-Jacques Cornish.

]]>
Mozambique’s ex-finance minister Manuel Chang, who’s facing possible  extradition to the United States, has been denied bail in the Kempton Park Magistrates Court.

Chang, who was arrested at Oliver Tambo International Airport last December on is way to Dubai, argues that he’s being held unlawfully held  and that extradition to the US would be illegal.

Kempton Park Magistrate Sagra Subroyen says her job is not determine whether Manuel Chang is guilty of the $2-billion fraud charges awaiting him in the United States together with charges of securities and wire fraud and money laundering.

She simply has to determine whether the man who headed Mozambique’s finances between 2005 and 2015 he is a candidate for bail.

She says Chang has lied about his finances and would not be returned for extradition by Mozambique authorities.

She maintains releasing him would  undermine South Africa’s criminal justice system. 

The post SA denies bail to former Mozambique minister facing possible extradition to the United States appeared first on Jean-Jacques Cornish.

]]>
EU adds to its blacklist of dirty money countries https://jjcornish.com/2019/02/eu-adds-to-its-blacklist-of-dirty-money-countries/ Wed, 13 Feb 2019 22:00:00 +0000 https://jjcornish.com/2019/02/eu-adds-to-its-blacklist-of-dirty-money-countries/ The European Union added Nigeria, Saudi Arabia and Panama to its list of countries with poor controls over financing terrorism and money laundering. They’ve become part of the 23 countries blacklisted by the European body seeking to avoid becoming a destination for illicit money. The European Union’s Commissioner for Justice and Gender Equality Vera Jourova […]

The post EU adds to its blacklist of dirty money countries appeared first on Jean-Jacques Cornish.

]]>
The European Union added Nigeria, Saudi Arabia and Panama to its list of countries with poor controls over financing terrorism and money laundering.

They’ve become part of the 23 countries blacklisted by the European body seeking to avoid becoming a destination for illicit money.

The European Union’s Commissioner for Justice and Gender Equality Vera Jourova explains that the grouping is determined to avoid allowing its financial system to serve as a vehicle for money laundering or as an instrument for financing crime including terrorism. 

Placing Saudi Arabia on the dirty money list has caused a rift between the EU Commission and some of the larger member states who regard the Kingdom as an important ally despite recent tension over the killing of dissident journalist Jamal Khashoggi.

The post EU adds to its blacklist of dirty money countries appeared first on Jean-Jacques Cornish.

]]>
Jacob Zuma’s corruption trial delayed until July 27 https://jjcornish.com/2018/06/jacob-zumas-corruption-trial-delayed-until-july-27/ Thu, 07 Jun 2018 22:00:00 +0000 https://jjcornish.com/2018/06/jacob-zumas-corruption-trial-delayed-until-july-27/ The corruption trial of former President Jacob Zuma has been postponed  until July 27 to give French arms firm Thales time to make a representation that charges against it should be dropped and Zuma’s legal team to ascertain whether the State will pay his legal fees   Zuma will make another appearance next month but his […]

The post Jacob Zuma’s corruption trial delayed until July 27 appeared first on Jean-Jacques Cornish.

]]>
The corruption trial of former President Jacob Zuma has been postponed  until July 27 to give French arms firm Thales time to make a representation that charges against it should be dropped and Zuma’s legal team to ascertain whether the State will pay his legal fees 
 Zuma will make another appearance next month but his trial on charges of fraud,  corruption, money laundering and racketeering relating to a multi billion rand arms procurement deal while he was still vice president, is unlikely to start then.
After his brief appearance this morning (Friday), the former president took the stage to speak and sing to thousands of supporters outside the Durban High Court.
He said the charges against him should be dropped because they amounted to nothing.
He warned that he had the files on those meeting secretly against him and he would not hesitate to expose their corruption.
His mood was studiously upbeat as he ended his 30-minute speech in Zulu to supporters with two revolutionary songs including  his trademark “mshiniwam”.
The specially elected stage included activists from organizations promoting land expropriation without compensation and radical economic transformation who have taken Zuma as a godfather figure.
It was also an opportunity for disgraces members like Carl Niehaus and Supra Mahumapelo to reciprocate the support Zuma has shown them in their hours of shame.
Question two
What was his mood?
(I have sent a sound clip of Zuna singing his trademark Mshiniwam (bring me my machine gun) liberation song, which we could insert here if you require)
Question three
Why does Zuma still have this amount of support?

The post Jacob Zuma’s corruption trial delayed until July 27 appeared first on Jean-Jacques Cornish.

]]>
Will former President Joyce Banda be arrested when she comes home to Malawi https://jjcornish.com/2018/04/will-former-president-joyce-banda-be-arrested-when-she-comes-home-to-malawi/ Wed, 25 Apr 2018 22:00:00 +0000 https://jjcornish.com/2018/04/will-former-president-joyce-banda-be-arrested-when-she-comes-home-to-malawi/ Malawian authorities say an arrest warrant for former President Joyce Banda is still valid. It is not clear whether this will be used the she returns on Saturday from nearly four years in exile. Joyce Banda left Malawi in 2014 facing charges of money laundering and abuse of power. They stem from the so-called cash […]

The post Will former President Joyce Banda be arrested when she comes home to Malawi appeared first on Jean-Jacques Cornish.

]]>
Malawian authorities say an arrest warrant for former President Joyce Banda is still valid.

It is not clear whether this will be used the she returns on Saturday from nearly four years in exile.

Joyce Banda left Malawi in 2014 facing charges of money laundering and abuse of power.

They stem from the so-called cash gate scandal uncovered in 2013 when she was still president.

It involved the theft of millions of dollars from state coffers by senior officials.

Donor countries cut off aid to the country heavily dependent on foreign assistance.

Banda, who’s presidency was marked by a number austerity measures like selling the presidential jet and limousines, was beaten in elections four years ago by President Peter Mutharika.

She has lived in the United States, South Africa and Britain since then.

The post Will former President Joyce Banda be arrested when she comes home to Malawi appeared first on Jean-Jacques Cornish.

]]>
Arrest warrant issued for ex Malawi President Joyce Banda https://jjcornish.com/2017/08/arrest-warrant-issued-ex-malawi-president-joyce-banda/ Mon, 31 Jul 2017 22:00:00 +0000 https://jjcornish.com/2017/08/arrest-warrant-issued-ex-malawi-president-joyce-banda/ Joyce Banda, who’s been in self-imposed exile since losing Malawi’s  presidency in the 2014 election, will be arrested if she returns home. Police has issued an arrest  warrant saying she has a case to answer for abuse of office and money laundering. Joyce Banda raised eyebrows after becoming Malawi’s President in 2012. She sold off […]

The post Arrest warrant issued for ex Malawi President Joyce Banda appeared first on Jean-Jacques Cornish.

]]>
Joyce Banda, who’s been in self-imposed exile since losing Malawi’s  presidency in the 2014 election, will be arrested if she returns home.

Police has issued an arrest  warrant saying she has a case to answer for abuse of office and money laundering.

Joyce Banda raised eyebrows after becoming Malawi’s President in 2012.

She sold off the presidential jet and the limousines.

He thriftiness did not stop official corruption.

More than R10 billion disappeared from the state coffers during her two years in office.

Investigating this, the fiscal and fraud section at the Malawian police say Banda has some questions to answer about this.

From the United States, where she has been busy with research, Banda said last February she intended returning home to contest the presidential election in 2019.

 

The post Arrest warrant issued for ex Malawi President Joyce Banda appeared first on Jean-Jacques Cornish.

]]>