In Your Interest
4/9/2018/US SEC The Securities and Exchange Commission today announced that Paris-based pharmaceutical company Sanofi has agreed to pay more than $25 million to resolve charges that its Kazakhstan and the Middle East subsidiaries made corrupt payments to win business. According to the SEC’s order, the schemes spanned multiple countries and involved […]
September 5, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Citibank Nigeria Limited (Citi) said on Wednesday it has sent a detailed response to the Central Bank of Nigeria (CBN) in relation to sanctions imposed on it on alleged breaches of foreign exchange regulations regarding remittances done on behalf of a customer, MTN Nigeria […]
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 […]