Frauds & Scandals

N3.6b Scam: Prosecution Applies for Summons

………as Defendant is Absent at Arraignment May 2, 2023/SEC NIgeria Following the failure of Michael Ukiye Diongoli and UK Dion Investment Limited to appear in court, the prosecution has applied to Justice Zainab Abubakar to issue a criminal summon to ensure the accused appears in court on June 19th for commencement of […]

SEC Announces Blacklisting of Six Unregulated Online Trading Platforms

May 2, 2023/SEC Nigeria The Commission’s attention has been drawn to the under listed e-commerce Companies and their websites offering online trading platforms to the investing public. They are not registered by the SEC Nigeria and the financial services offered by them are also not authorized. Prime Invest and “Primeinv.co […]

Court strikes out Criminal Charge, declines Interim Orders sought in duplicated petition

April 28, 2023/Seplat Energy Plc Seplat Energy is pleased to announce that the Federal High Court in Abuja formally struck out the criminal charge brought by the Nigeria Immigration Service against the Company and some of its Officers. The Court fully discharged all named defendants. The charge had earlier been […]