April 1, 2019/BudgIT To the detriment of socio-economic developments, Nigeria has spent nothing less than N10 trillion on petrol import subsidy between 2006 and 2018. Let it be known: Nigeria is dancing on the edge of a razor blade by continuing its subsidy regime. According to our recent research “Nigeria’s […]
Frauds & Scandals
HP Partners with Officials in East Africa to Target Fraudulent Manufacturers
In collaboration with HP’s Anti-Counterfeiting and Fraud (ACF) experts, over 110,000 illicit items were seized across Uganda and Mozambique April 1, 2019/HP HP’s (http://www.HP.com) ACF team, alongside local African authorities, have conducted two highly successful operations to stop the trade of counterfeit cartridges for HP printers across Uganda and Mozambique. Firstly, […]
SEC Charges Medical Device Company With FCPA Violations
March 29, 2019/US SEC The Securities and Exchange Commission today announced that Fresenius Medical Care AG & Co KGaA (FMC) has agreed to pay more than $231 million to resolve parallel SEC and U.S. Department of Justice investigations related to its violations of the Foreign Corrupt Practices Act (FCPA) across […]
