Tag: embezzlement

Rwanda steps up fight against embezzlement & mismanagement in cooperatives

Saving and Credit Cooperatives in Rwanda have lost close to 2 billion francs over embezzlement and mismanagement since 2009. Now the government has embarked on an exercise to investigate cases of embezzlement and mismanagement as well as approved a new national policy to address inefficiencies in cooperatives. For more on this CNBC Africa is joined by Prof. Jean Bosco Harelimana, Director General of Rwanda Cooperative Agency.

Two Tanzanian officials charged with stealing quake relief funds

Tanzania has charged at least two senior public officials over allegations of embezzlement of earthquake relief funds.