Culled–The Punch January 14, 2020′ Oladimeji Ramon and Ada Wodu Justice I. E. Ekwo of the Federal High Court in Abuja has summoned the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, over a judgment debt of $53m. A Senior Advocate of Nigeria, Mr Joe Agi, had initiated […]
Frauds & Scandals
Court Orders Technology Fund Adviser to Pay More Than $31 Million
January 13, 2020/US SEC On December 20, 2019, a federal district court ordered San Francisco-based fund adviser Michael B. Rothenberg to pay more than $31 million in disgorgement, prejudgment interest, and penalties in connection with the misappropriation of investor money. The SEC’s complaint, filed in August 2018 in San Francisco, […]
Access Bank Says Alleged Arrest of Its Group Managing Director a Hoax
January 13, 2020/NSE Our attention has been drawn to a trending report on social media regarding the alleged arrest of Mr. Herbert Wigwe, the Group Managing Director of Access Bank Plc (Access Bank’) by the Economic and Financial Crimes Commission (‘the Commission’). We wish to state that the issue essentially relates to […]
