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. […]
Frauds & Scandals
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, […]
SEC Obtains Final Judgment Against Lawyer Who Assisted Fraud
April 6, 2021/US SEC On April 5, 2021, the United States District Court for the Eastern District of New York entered a final consent judgment against Evan Greebel, the former lawyer to Retrophin, Inc., a publicly traded pharmaceutical company founded by Martin Shkreli. The SEC’s complaint, filed on December 17, […]
