Corruption and the Kenyan Economy
Fuel… If not the high cost of it, it’s the effect on the economy and inflation, if not that then lately it has been the lack of it.
Category: Corruption
China and Africa
By Charles Wanguhu A lot of column inches have been taken up trying to dissect the emerging Sino-African relations. In Africa more and more Chinese goods as well as people are visible. The Africa -West relationship has been largely characterized as an aid relationship or “carrot stick diplomacy”. Experimental policies such as the structural adjustment programmes have been imposed
Shell & The elephant in the room
By Charles Wanguhu A report by the Economist Intelligence Unit indicates that protecting a firm’s reputation is the most important and difficult task facing corporations. With the development of global media and communication channels, managing reputational damage is seen as crucial with events undertaken in even the remotest areas affecting the international brand of a corporation. For Shell the stark
Corruption and Banking
29th April 2009 By Charles Wanguhu Corruption only offers two instances for regulators to step in: at the looting stage where the individuals may seek bribes, dispose of public resources or subvert funds. In an ideal world they are then charged and any monies returned. The second stage is at the laundering stage, where the monies are placed into the
Long Arm Of US Law Nabs British Solicitor.
A British solicitor, Jeffrey Tesler, was arrested at his North London business address after US authorities requested his extradition. US prosecutors have charged Mr. Tesler and another Briton, Wojciech Chodan, with taking part in a scheme to bribe Nigerian officials to secure lucrative natural gas contracts, according to the Times. Both men are each charged with ten counts of violating
Former AIG VP Avoids Life Sentence.
By: Ainsley Brown Christian Milton, a former vice-president of American International Group Inc. (AIG) was sentenced last week to 4 years for his part in a US $597 Million fraud scheme. The scheme which began in 2000 defrauded AIG shareholders by the aforesaid amount by allowing AIG to improve its balance sheet. Mr. Milton can count himself luck for