High ranked politicians and bureaucrats in South Sudan have drawn off at least $36m in public funds as stated by the United Nations commission. It also stated that the international corporations and banks are included in this embezzlement. This report came on Wednesday after 6 days when President Salva Kiir terminated the country’s finance minister, the head of the tax-gathering National Revenue Authority, as well as the director of the state-owned oil company.
The staggering of $36m was from 2016. The figure relates to illegal financial movements from the Ministry of Finance and Economic Planning and from the National Revenue Authority. South Sudanese bodies have been aided and abetted in these crimes by a number of international corporations and multinational banks. Some of this money has been laundered through the purchase of properties abroad.
Data source: Al Jazeera
Nigeria’s leading music figure and vocalist, Cobhams Asuquo, known for his singing and production said…
Following a mixed reaction from the South African community representatives, Khoi and San, the Cape…
Mitigating the process and service barriers in African rail transportation, the digital disruption has transformed…
Kais Saied, the Tunisian president has said in his speech that he will allow the…
You know the credibility of an ingredient when it’s plastered all over bottles and jars…
Cyclone Gombe that flooded large areas of central and northern Mozambique is consistently leading to…
This website uses cookies.