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Premier Bank is the second international bank to be launched in Mogadishu
22/05/2015 - Somalia

Somalia's new international bank brings more debit cards to war-torn country

A new international bank has been launched in Mogadishu, the latest sign of life in the city after more than two decades of civil war which engulfed its bright lights.

Gilbert Chikli. File 2010.
21/05/2015 - France - Israel

French crook sentenced to 7 years for million-euro hoax

Gilbert Chikli was sentenced in absentia on Wednesday for swindling dozens of top French banks and businesses.

Jérôme Kerviel, who claims Société Générale did know about his high-risk trades
18/05/2015 - FRANCE

Kerviel investigator says Société Générale must have known of rogue trades, report

The police officer in charge of the inquiry into "rogue trader" Jérôme Kerviel has testified that his bosses at Société Générale knew about his ...
Jean-Marie Le Pen (L) with his daughter, Marine
28/04/2015 - France - Switzerland

French far-right chief Le Pen hid 2.2 million euros in Swiss account, report

The founder of France's far-right Front National, Jean-Marie Le Pen, hid 2.2 million euros in a secret Swiss bank account, a French website reported Monday.
Kenya shuts Somali money-transfer firms
23/04/2015 - International report

Kenya shuts Somali money-transfer firms

Aid agencies have urged Kenya to allow Somali money-transfer firms to resume operations.
Swiss President Simonetta Sommaruga with French President Francois Hollande, Bern, Switzerland, 15 April 2015.
16/04/2015 - France - Switzerland

Hollande on state visit buries tax squabbles with Switzerland

French President François Hollande finishes a two-day trip in Switzerland Thursday, as Paris aims to smooth relations with its wealthy neighbour over a tax-evasion row.

An HSBC logo in Geneva, February 2015. HSBC's Swiss subsidiary is being pursued by French authorities
13/04/2015 - France - Britain - Switzerland

French perfumes heiress sentenced to prison for tax evasion

A French court has sentenced perfumes and fashion house heiress Arlette Ricci to three years in prison and a million-euro fine for tax evasion.

French Finance Minister Michel Sapin with Greek Finance Minister Yanis Varoufakis who is also trying to chase up tax dodgers
02/04/2015 - FRANCE

37,000+ French tax dodgers admit owning secret accounts abroad

Nearly 38,000 French tax dodgers have come forward since 2013 when the Socialist government offered favourable treatment to secret foreign-account holders who owned up.

27/03/2015

African press review 27 March 2015

Jonathan and Buhari promise to control their supporters but Lagos residents don't seem convinced. Kenyatta is praised for taking on corruption.
An HSBC branch in Geneva
27/02/2015 - France - Eurozone - Switzerland

France has given Swissleaks information to ‘large number’ of eurozone countries

France has supplied the names of foreign nationals with secret bank accounts in HSBC’s Swiss branch to most countries in the eurozone, Finance Minister Michel Sapin indicated on Thursday.

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