November 14, 2023/BudgIT On November 8, 2023, Tracka issued a statement calling out the payment of N8.6 billion to twenty-six contractors for 19 projects that have either been abandoned or uncompleted, which was covered in the 2022 Project Tracking Report themed “Empowering Communities for Economic Growth.” In the statement, we […]
Frauds & Scandals
SEC Charges Former Co-CEOs of Tech Start-Up Bitwise Industries for Falsifying Documents While Raising $70 Million From Investors
All Bitwise personnel lost their jobs in May 2023 when the scheme was exposed November 9, 2023/US SEC The Securities and Exchange Commission today announced charges against Jake Soberal and Irma Olguin, Jr., the former co-CEOs of Fresno, California-based private technology services startup Bitwise Industries Inc., for misleading investors about […]
Tracka Uncovers N8.6bn Paid to ‘No-Show Contractors’ in the 2022 FG Budget
Image Credit: BudgIT November 8, 2023/BudgIT Tracka, BudgIT’s service delivery promotion platform, which allows citizens to collaborate, track, and give feedback on public projects in their communities, has uncovered N8.6 billion payments to twenty-six contractors for 19 projects across nine states that have either been abandoned or not done. Some […]
