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    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

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    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

    Gov’t expenditure needs to be checked to help deal with inflation – ICAG

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Value of MoMo transactions decrease by 3% between March and April 2022

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    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

    Manufacture of petroleum products push PPI to 31.2% in April

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

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Nigeria: Canada Ready to Aid Nigeria Repatriate Stolen Funds – Calderwood

bycitibusinessnews
August 5, 2016
in Africa, West Africa
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The outgoing Canadian High Commissioner to Nigeria, ‎Perry John Calderwood,‎ has assured the Nigerian government that Canada is ready to support the country’s quest to repatriate any stolen fund that may be traced to any bank in Canada.

Calderwood gave the assurance in an interview he granted in Lagos, saying the government of Canada had often assured its counterpart in Nigeria that it was willing to provide assistance in retrieving stolen assets put in any bank in Canadia

He said, “With regards to Canada specifically, we have told the Nigerian government that if there are funds that have been traced to Canada, there are mechanisms in place for our government to respond to this kind of request. It’s through our federal police and through our justice department and the contacts are there already.

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“I read that sometimes, people feel frustrated that it takes time to retrieve funds that may have been stolen and stashed in Canada in form of real estate or something but remember that in any country that respects rule of law, certain procedures must be followed. A government simply just doesn’t have power to seize something and return it somewhere. You have to go through the legal processes,” Calderwood said.

The High Commissioner said no matter how tough it could be ‎to retrieve stolen fund, a determined government must not give up.

“We must be determined as government committed to tackling corruption, make resources available to effectively combat that and not allow the criminals to find their way around our rules,” he said.

–

Credit: All Africa

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