April 8, 2021/US SEC On March 26, 2021, the U.S. District Court for the Southern District of New York entered a final judgment against former New York resident William C. Skelley, the co-founder of a real estate crowdfunding portal. The SEC’s complaint, filed on September 26, 2018 in the Southern […]
Frauds & Scandals
CBN Freezes 11 Bank Accounts
April 7, 2021 By Nike Popoola The Central Bank of Nigeria on Wednesday said it got an order from the Federal High Court, Abuja division, to freeze 11 bank accounts to enable it conduct investigations into suspicious activities. It disclosed this in two documents posted on its website on Wednesday. […]
Rite Foods Seeks Court Order Committing NBC’s MD to Prison
April 6, 2021/TPT International Rite Foods Limited, a Nigerian Foods and Beverages Company, has filed an application of committal against the Nigerian Bottling Company (NBC) and its Managing Director at a Federal High Court in Lagos, for contempt of court. The Rite Foods’ application for committal states that the contemnors, […]
