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For about a year now, Afriland First Bank CD - 95.6% owned by Afriland First Group- is ripped apart by internal conflicts. The bank’s majority
Afriland First Bank, a bank holding company under Swiss law, founded and controlled by the Cameroonian billionaire Paul Kammogne Fokam, has been
Play audio 1XChange playback rate from 1 to 1 Mute audio American law forbids banking institutions from providing service in American currency to people on the sanctions list. In effect, the U.S. authorities have found ways of imposing the rules on companies and banks that are not incorporated in the United States – as long as an American entity is also involved in the process of receiving the money. According to the legal precedent on the matter, it’s enough for the foreign bank to use a U.S. information system for the sanctions to apply to it. Gertler claims in response to this report t...
Gradi Koko and Navy Malela, auditors at a Democratic Republic of Congo bank, had to flee to Europe after exposing cash deposits worth millions by associates of Israeli billionaire Dan Gertler, who was at the time subject to international sanctions. Gertler's lawyer: Accusations are a 'deliberate weave of empty allegations'