Latest News for: Africa private jets


McDan rallies Ghanaian businessmen to demand more from govt

Business Ghana 08 Jan 2023
Mr McKorley said he faced similar challenges when he decided to start the first private jet terminal in the country. Forum. The Forum organised by the Africa Trade Office in partnership with the Africa Trade Office was a gathering of business leaders in the country ... Participants included the CEO of Maxigate Group, Mr Dennis O ... --Advertisements--. .

US judge denies diplomatic immunity for Maduro ally Alex Saab

Al Jazeera 24 Dec 2022
A federal judge in the United States has rejected a plea for diplomatic immunity from businessman Alex Saab, a close ally of Venezuela’s left-wing President Nicolas Maduro ... Saab was arrested on June 12, 2020, in Cabo Verde, an archipelago on Africa’s Atlantic coast, after the private jet he was riding stopped to refuel ... .

Despite a Global Economic Slowdown, the Wealthy Are Still Spending on Over-the-Top Experiences

Barrons 14 Dec 2022
ROAR AFRICA is an example of a travel company with opulent new trips, such as its Sand, Sea, City & Safari Aboard Emirates Executive Private Jet voyage ... The trips come on the heels of ROAR AFRICA’s first private jet safari last year and another in the summer of 2022.

Why some Middle East travellers are hooked to flying on private jets

Gulf News 09 Dec 2022
However, despite supply chain and workforce challenges, the private jet aviation business, which picked up mainstream popularity mid-pandemic, continues to thrive ... Boeing, the world’s biggest private jet manufacturer, said at least 820 Boeing Business Jets (BBJ) are in the Middle East and Africa (MEA).

AACS, Ali Bakhtiar Group Partner to Introduce Avant-garde Designs in Africa

This Day 27 Nov 2022
AACS, an international management consulting firm, is set to partner the world renowned architecture, interior design and event company, Ali Bakhtiar Group, in introducing avant-garde luxury design projects in event designs , real estate designs , private jets and yachts masterpieces to the Nigerian and African markets.

The Donald Trump That Africans Don’t Know

This Day 25 Nov 2022
That condition which is nebulous had compelled Nigeria under the watch of president Goodluck Jonathan to attempt to procure arms and ammunition from the black market which resulted in a private jet from Nigeria full of cash being intercepted in South Africa with consequential scandal that portrayed Nigeria in negative light.

Is corrupt Glencore a good buy after rising by 40% YTD?

Invezz 23 Nov 2022
Glencore (LON. GLEN) share price held steady on Wednesday after the embattled company sold an important business in Australia. The stock rose to 535p, which was the highest level since November 7. It has jumped by about 40% this year, outperforming the FTSE 100 index ... Prosecutors revealed that the company flew cash bribes to Africa via private jets ... .

Glencore flew cash for bribes across Africa in private jets

Independent online (SA) 03 Nov 2022
Glencore officials delivered cash in private jets to officials across Africa, UK prosecutors said as they laid out a web of bribery and corruption orchestrated by the London oil trading desk ... The SFO detailed how the company used a cash desk in its Swiss headquarters and private ...

Mining giant Glencore moved bribes cash by private jet across Africa

Joy Online 03 Nov 2022
Employees and agents of a British subsidiary of mining and trading group Glencore used private jets to transfer cash to pay bribes to oil officials in West Africa, prosecutors told a London court on Wednesday ... cash was withdrawn and transported to Cameroon often by private jet.

Glencore Flew Cash Bribes to Nigeria, Other African Countries in Private Jets, Say UK Prosecutors

This Day 03 Nov 2022
The SFO detailed how the company used a cash desk in its Swiss headquarters and private jets in Africa to courier illicit payments across west Africa to pay state officials bribes, the Bloomberg report added.

'A highly corrosive offence': UK court orders Glencore to pay $320m in Africa oil bribes case

Upstream Online 03 Nov 2022
Two Glencore executives from the West Africa desk flew to South Sudan by private jet in August 2011, carrying $800,000 in cash, according to the Serious Fraud Office ... This, along with $5.5 million of “service fees” withdrawn in cash by a Nigerian agent, was periodically flown on private jets to Cameroon.

Mining giant Glencore must pay out £281MILLION in landmark bribery case after private jets were ...

The Daily Mail 03 Nov 2022
Mining giant Glencore must pay out £281million in a landmark bribery case after private jets were used to ferry cash to some of the world's poorest countries ... Staff flew millions of pounds in cash in private jets to bribe local officials across Africa, Southwark Crown Court heard on Thursday ... Previous 1 Next ... Share this article. .

Glencore flew millions in bribe money to Africa on private jets, court hears

The Daily Telegraph 03 Nov 2022
Glencore bribed government officials using millions of pounds in cash that had been transported around Africa on private jets, a court heard on Wednesday ... flying the money by private jet to South Sudan, where it was then handed to middlemen who used it to bribe local officials.

London court orders Glencore UK to pay $310m over bribery charges

Al Jazeera 03 Nov 2022
... to its oil operations in Africa ... “Some of the more lurid details that have been heard over the last couple of days in the court were that Glencore paid middlemen to fly cash around Africa in private jets, taking them from country to country to bribe officials.” ‘Regrets the harm’.

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