4/9/2018/US SEC The Securities and Exchange Commission today charged a telecommunications expense management company for its use of fraudulent accounting practices that artificially boosted company revenues between 2013 and 2015. Four former members of the company’s senior management team were also charged for their roles in the alleged misconduct. As […]
Frauds & Scandals
High Court of England & Wales restrains Djibouti’s port company from terminating joint venture with DP world
Port Company also prohibited from replacing DP World directors in joint venture company September 5, 2018/Government of Dubai The High Court of England & Wales has granted an injunction restraining Djibouti’s port company, Port de Djibouti S.A. (PDSA), from treating its joint venture shareholders’ agreement with global trade enabler DP […]
MUST READ: Emefiele Explains How CBN Hammer Came Down On MTN, 4 Banks Over Grievous Forex Infraction
3/9/2018/The Will The Central Bank of Nigeria (CBN), arrived at the decision to punish MTN Nigeria and four banks for FX infractions after a pain-staking investigation spanning a period of over 30 months, Governor Godwin Emefiele of the CBN said Monday in China. Speaking to Businessday Newspaper from China, the […]
