Finance Related Topics 
JURIST
AUGUST 1, 2024
The Kenya Court of Appeal at Nairobi delivered a judgement Wednesday rendering the controversial Finance Act 2023 unconstitutional. The Finance Bill 2023 was tabled before the National Assembly on May 4, 2023. It was later assented to by the president on June 26, 2023 and became Finance Act 2023.
JURIST
AUGUST 21, 2024
The Supreme Court of Kenya delivered a judgement on Tuesday issuing an order of a stay of execution of the ruling of the Court of Appeal which rendered the Finance Act 2023 unconstitutional in its entirety. The revenue authority would also have to refund taxes collected under the Finance Act 2023 yet no allocation for refund exists.
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JURIST
JUNE 21, 2024
On Tuesday, June 18, and Thursday, June 20, Kenyan youth took to the streets of Nairobi’s Central Business District to protest against the proposed Finance Bill 2024 during its first and second readings. Despite the protests, the Finance Bill passed its second reading with 204 Members of Parliament voting in favor and 115 against.
Sterno
MAY 6, 2024
By now, most lawyers have read something about litigation financing and how it can help bring resources to mitigate expenses and keep lawyers focused on cases. How can your firm obtain financing on a case? But how exactly does that work?
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JURIST
AUGUST 9, 2024
A US federal jury on Thursday convicted Manuel Chang, a former finance minister of Mozambique, of conspiracy to commit fraud and money laundering for his involvement in a two billion dollar loan fraud to fund fishing projects. The charges can lead to a prison sentence of up to 20 years. Chang was extradited to New York in 2023.
JURIST
JANUARY 29, 2024
Malaysia’s former finance minister, Tun Abdul Daim bin Zainuddin, was charged Monday for failing to comply with the Malaysian Anti-Corruption Commission (MACC) order to declare his assets. Zainuddin served as finance minister from 1984 to 1991 and 1999 to 2001.
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