January 11, 2024/NGX We have become aware of inaccurate reports circulating on social media and certain news outlets alleging that Dr. Ebenezer Onyeagwu, the Group Managing Director/Chief Executive Officer of Zenith Bank Plc, was arrested and held by the EFCC on January 9, 2024, in connection with an alleged fraud at […]
Frauds & Scandals
SEC Charges Future FinTech CEO Shanchun Huang With Fraud and Disclosure Failures
January 11, 2024/US SEC The Securities and Exchange Commission today charged Shanchun Huang with manipulative trading in the stock of Future FinTech Group Inc., using an offshore account shortly before he became Future FinTech’s CEO in 2020. The SEC also charged Huang with failing to disclose his beneficial ownership of […]
Zenith Bank Dismisses Report on GMD’s Arrest, Says Onyeagwu on Duty
January 10, 2024/The Genius Media Zenith Bank PLC, one of Nigeria’s leading financial institutions, has dismissed as entirely untrue reports on the purported arrest of its Group Managing Director, Dr. Ebenezer Onyeagwu, in a section of the media. The reports had claimed Dr Onyeagwu was arrested by the EFCC in […]
