August 1, 2019/US SEC The Securities and Exchange Commission today charged Brixmor Property Group Inc., a publicly-traded real estate investment trust, and four former senior executives with fraud in connection with a scheme to manipulate a key non-GAAP metric relied on by analysts and investors to evaluate the company’s financial […]
Frauds & Scandals
2019 Constituency Projects: Tracka Raises Alarm Over “Wasteful” N58b Empowerment Projects
July 25, 2019/BudgIT Tracka has raised alarm over “wasteful empowerment projects” in the 2019 Zonal Intervention Projects, nominated by members of the National Assembly. The organization also reiterates its condemnation of poor service delivery in the country, noting that the Zonal Intervention Projects account for N58 billion of the N100 […]
SEC Awards Half-Million Dollars to Overseas Whistleblower
July 23, 2019/US SEC The Securities and Exchange Commission today announced a half-million dollar award to an overseas whistleblower whose expeditious reporting helped the Commission bring a successful enforcement action. “The Commission’s whistleblower award program has reached an important milestone,” said Jane Norberg, Chief of the SEC’s Office of the […]
