One of the biggest obstacles is the Regulation of Investigatory Powers Act 2000 which made it illegal to tap phones, intercept e-mails or otherwise invade someone’s privacy.
Mr Pryke said: “We would like to believe that our members are whiter than white and if any of them sail too close to the wind we’d learn about it, and if they went too far we would suspend them.”
- Does anybody regulate private investigators? BBC.co.uk, November 9, 2011.
3. Ex-Barclays boss Bob Diamond has poached a former senior colleague from the British bank to head Atlas Mara, a venture he wants to build into the leading bank in sub-Saharan Africa.
Atlas Mara said on Tuesday it had appointed former U.S. marine John Vitalo as chief executive officer.
Vitalo has been chief executive of Barclays' Middle East and North Africa region since May 2009, and in the previous four years was responsible for building and leading Absa Capital, Barclays’ African investment bank arm.
Atlas Mara has said it wants to become Africa's leading financial services firm by providing capital, liquidity and funding to banks in sub-Saharan Africa.
The company is backed by Diamond and Africa-based billionaire entrepreneur Ashish Thakkar, and raised $325 million in a London listing in December. Diamond and Thakkar have invested about $20 million between them.
Atlas last week bought BancABC, which has operations in Botswana, Mozambique, Tanzania, Zambia and Zimbabwe, for up to $265 million in cash and shares, and this week said it planned to buy a controlling stake in state-run Development Bank of Rwanda.
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