April 29, 2023/AMCON For the umpteenth time, the Managing Director/CEO, Asset Management Corporation of Nigeria (AMCON) Mr Ahmed Lawan Kuru has reminded stakeholders to view the AMCON recovery mandate as one of serious national importance in the federal republic of Nigeria. Kuru the call at the weekend in two separate […]
Frauds & Scandals
AfDB Debars Société Bel Mabrouk Des Travaux and Investissements S.A.R.L for 13 Months for Fraudulent Practices
The debarment qualifies for cross-debarment by other multilateral development banks under the Agreement for Mutual Enforcement of Debarment Decisions April 28, 2023/AfDB The African Development Bank Group (http://www.AfDB.org), on 28 April 2023, announces the 13-month debarment of Société Bel Mabrouk Des Travaux et Investissements S.A.R.L with effect from 11 April […]
SEC Settles Multi-Tiered Insider Trading Case Against Convicted Fraudster, His Friend and Tippee, and a Former IIIumina Accountant
April 18, 2023/US SEC On April 11, 2023, the United States District Court for the Southern District of New York entered a final judgment against Donald G. Blakstad, a self-employed individual from San Diego. On November 21, 2022, the Court entered final judgments against Robert J. Maron, a personal friend […]
