By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Monday said it has indicted Vicad Securities Limited and sixteen (16) others for insider dealings. According to SEC, Vicad Securities and the 16 other respondents were indicted for failure/refusal of the respondents to cross investor shares worth N18 million […]
Frauds & Scandals
SEC Indicts Sterling Registrars, Six Others Over Unlawful Allotment of Shares
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Securities and Exchange Commission (SEC) Monday announced it has indicted Sterling Registrars Limited and six (6) other persons as Respondents for unlawful Allotment of Shares. payment of return monies to persons not entitled thereto and violations of the SEC Rules and Regulations (As Amended) […]
UK regulator starts enforcement action against Co-op Bank
Britain’s financial regulator has launched an investigation into problems at the Co-operative Bank (CPBB_p.L), including the role played by former senior managers, it said on Monday. “The Prudential Regulation Authority (PRA) confirms it is undertaking an enforcement investigation in relation to the Co-operative Bank and as part of that investigation […]
