April 23, 2019/BudgIT BudgIT has warned the Cross River State Government to halt its controversial Superhighway project on the ground of undue financial hazard and avoidable hardship that would plague the state for the next hundred years should the government compound its existing debt burden. Online reports show that the […]
Frauds & Scandals
How Gwarzo used Own Companies for contracts in SEC- Report
April 22, 2019/SEC Fresh facts have emerged on how suspended Director General of Securities and Exchange Commission, SEC, Mounir Gwarzo Awarded contracts to companies owned by him and his wife’s family. These and others were contained in the Report of the Administrative Panel of Inquiry into allegations of violations of […]
SEC Charges Kimberly Sredich with Misappropriation Scheme
April 19, 2019/US SEC On April 18, 2019, the Securities and Exchange Commission charged Kimberly Sredich, a Michigan resident, with misappropriating funds from brokerage customers of a registered broker-dealer with which she was associated. The SEC’s complaint alleges that between 2014 and 2018, Sredich sold securities in at least […]
