Frauds & Scandals

SEC Charges Health Care Co. and Two Former Employees for Accounting Improprieties

February 22, 2022/US SEC The Securities and Exchange Commission today announced settled charges and an $18 million penalty against Baxter International Inc. for engaging in improper intra-company foreign exchange transactions that resulted in the misstatement of the company’s net income. The SEC also announced settled charges against Baxter’s former treasurer […]

Fake Cement Promo Adverts

February 21. 2022/Dangote Group Our attention has been drawn to some recent reports tagged ‘2022 DANGOTE CEMENT PROMO START’ purportedly published on the front pages of some national dailies. The report published on social media platforms featured on the cloned cover pages of newspapers such as THE PUNCH, SUNDAY SUN, NIGERIAN […]

The Truck Involved in Ogun Accident Not Our Own – Dangote

February 18, 2022/Dangote Group Our attention has been drawn to some online media reports that a truck conveying petroleum product, which was involved in a fatal crash that claimed several lives, belongs to Dangote Flour.  The truck bearing the logo of Dangote Flour was said to have been involved in […]