Browsing Tag

anticorruption

Kenya’s Access to Sh96.9bn World Bank Loan in Jeopardy Over Anti-Corruption Law

Kenya stands at a contentious crossroads, as the delay in passing the Conflict of Interest Bill, 2023 casts a long shadow over the country’s financial stability. This postponement has not only stalled the disbursement of a critical World Bank loan but has also created a concerning funding gap for the National Treasury. With the end of the financial year just weeks away, the urgency of this situation can't be overstated. Treasury Cabinet Secretary John Mbadi recently emphasized the gravity of the matter. He stated, “If…

Nigeria’s Anti-Corruption Agency Investigates $2.9B Refinery Scandal, Links N80B to Ousted CEO

In a significant turn of events, Nigeria's Economic and Financial Crimes Commission (EFCC) has initiated a profound investigation into a staggering $2.9 billion refinery fund scandal. This revelation has exposed over ₦80 billion associated with the recently dismissed Managing Director of a key refinery, casting a bloody shadow over the nation’s energy sector. As details unravel, the implications ripple through a web of connectivity that affects not only the refinery's operations but also the broader landscape of…

the legislation on anti-corruption facilities undoubtedly

One year after the presentation on the half cycle, the project reforming the Anti-Corruption Poles Act (PAC) was finally adopted by the National Assembly on the evening of Wednesday 30 June. At second reading, MEPs approved the text after the Senate had tabled two amendments. A reform that has been repeatedly criticized by civil society for which the text would weaken jurisdiction.…

Somali anti-corruption agency warns against misuse of public resources

Somali anti-corruption agency warns against misuse of public resources MOGADISHU, Somalia - Somali officials have been warned against the misuse of public resources and abuse of power, with the Anti-Corruption Commission saying such vices have derailed the provision of resources to the people of the country. Uncontrolled corruption has been one of the setbacks in Somalia's internal affairs, with…

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