Chinese units of the global “Big Four” accounting firms should be suspended from auditing U.S.-listed companies for six months, a judge in the United States ruled, in an escalation in a long-running dispute over regulators’ access to documents. In a harshly worded 112-page ruling, Securities and Exchange Commission Administrative Law […]
Frauds & Scandals
EFCC, Stockbrokers Partner to Check Money Laundering in Capital Market
The Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Lamorde has called for collaboration between the anti-graft agency and the Association of Stockbroking Houses of Nigeria, ASHON, to rid the capital market of incidence of money laundering, fraud and imposters. Lamorde made this call on Tuesday, January 21, […]
ETI Plc holds Crucial Board Meeting Today in Lome
Ecobank Transnational Incorporated (ETI) will be holding a requisitioned board meeting today in Lome, Togo – its headquarters; to address a number of issues. Some of these issues include the SEC decision of January 07, 2014, the developments arising therefrom, the SEC letter of January 09, 2014 and the status […]
