February 28, 2020/Ecobank Nigeria Ecobank Nigeria wishes to provide its position on a statement released by the Federal Inland Revenue Service (FIRS) on the judgement of the Tax Appeal Tribunal (TAT), sitting in Lagos in respect of a disputed tax liability between the Bank and the FIRS for the 2015 […]
Frauds & Scandals
SEC Charges South Carolina Energy Companies, Former Executives With Defrauding Investors
Charges Spring From Failed $9 Billion Nuclear Power Plant Expansion February 27, 2020/US SEC The Securities and Exchange Commission today charged SCANA Corp., two of its former top executives, and South Carolina Electric & Gas Co. (SCE&G), now known as Dominion Energy South Carolina Inc., with defrauding investors by making […]
SEC Charges Wells Fargo In Connection With Investment Recommendation Practices
February 27, 2020/US SEC The Securities and Exchange Commission today announced settled charges against Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network for failing reasonably to supervise investment advisers and registered representatives who recommended single-inverse ETF investments to retail investors, and for lacking adequate compliance policies and procedures […]
