April 17, 2019/BudgIT BudgIT tasks President Buhari to carry out the disposal of recovered assets in a transparent manner, in line with Nigeria’s Open Government Partnership National Action Plan. The news on the sale of recovered assets which the President has directed the Ministry of Finance to carry out within […]
Frauds & Scandals
Integrity in Development Projects: AfDB Declares Namahoua DIOMANDE Ineligible to Participate in Bank-Financed Tenders for 12 Months
April 16, 2019/AfDB The African Development Bank Group today announced the debarment of Ms. Namahoua DIOMANDE, also trading under the names Zata Productions, Zata Prod and Zata Service, for 12 months. An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Ms. DIOMANDE, a resident of Côte […]
SEC Charges Former Woodbridge Directors of Investment With Fraud
April 11, 2019/US SEC The Securities and Exchange Commission today charged two former directors of investments at Woodbridge Group of Companies LLC for their roles in its massive Ponzi scheme. The defendants, California-based Ivan Acevedo and Dane R. Roseman, were separately arrested and charged by criminal authorities, along with Woodbridge owner Robert H. Shapiro. […]
