October 9, 2018/US SEC The Securities and Exchange Commission announced that it filed a subpoena enforcement action against the Saint James Holding and Investment Company Trust and its sole trustee, Jeffre James. According to the SEC’s application, filed on October 5, 2018 in U.S. District Court for the Central District […]
Frauds & Scandals
NSE Suspends Trading in the Shares of IEI, Union Dicon, Four Others
October 8, 2018/NSE Pursuant to Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, Rulebook of The Exchange (Issuers’ Rules) (“Default Filing Rules”), which provides that; “If an Issuer fails to file the relevant accounts by the expiration of the Cure Period, The Exchange will: (a) Send […]
Honeywell Group Vs. Ecobank: Bank Insists Debt Must Be Paid
October 8, 2018/PR Redline Ecobank Nigeria Limited says it would continue to strongly resist any attempt to use a frivolous N72 billion claim to derail it from continuing to pursue the recovery of monies owed and overdue for payment by Honeywell Group. The bank, in a statement signed by Company […]
