Frauds & Scandals

ETI Board Holds Meeting in Lome Today

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The board of pan-African bank, Ecobank Transnational Incorporated (ETI) will Monday (today) February 03, 2014 in Lome Togo hold a crucial meeting in respect of corporate governance issues as directed by Nigeria’s Securities and Exchange Commission (SEC). InvestAdvocate gathered that the meeting will focus on […]

Cappa & D’Alberto: NSE Yet to Protect Investors on Breach of Voluntary Delisting

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) is yet to protecting investors on the breach of voluntary delisting of Cappa & D’Alberto Nigeria Plc since year 2009. Cappa & D’Alberto Nigeria operating in the construction sector of the Nigeria’s Exchange in March 2009 released itself from […]

Shareholders accuse ex-MTI directors of fraud

Shareholders of Mass Telecommunication Innovation Plc have accused five former directors of the company of illegally utilising about N5.2bn raised by the company through private placement in 2008. A petition written on behalf of the Chairman, MTI, Kasimu Garba, and other shareholders, to the Securities and Exchange Commission by Punuka […]