Frauds & Scandals

Oando Sets Record Straight: We Do Not Owe Ansbury Any Money, We Have No Dealings With Ansbury

July 16, 2018/Oando Plc Oando Plc sets the record straight that the Company, Oando, is not involved in the case and ruling made on July 6, 2018 by the London Court of International Arbitration (LCIA) on the case involving Whitmore Asset Management Limited, a company owned by Jubril Adewale Tinubu […]

BudgIT Asks Kemi Adeosun to Renounce Allegations of NYSC Certification Fraud or Resign

July 16, 2018/BudgIT BudgIT Nigeria, a civic tech organisation, expresses disappointment at the silence of the Honourable Minister of Finance, Kemi Adeosun, over the allegations of NYSC certificate fraud.  In an investigative report released by Premium Times, Ms. Kemi Adeosun was accused of skipping the compulsory one-year national youth service […]

SEC Files Charges in Busted Microcap Schemes

July 15, 2018/US SEC The Securities and Exchange Commission has charged a stock promoter and four others involved in an alleged series of microcap fraud schemes that were foiled by FBI undercover work and an SEC trading suspension. According to the SEC’s complaint filed in federal court in southern California […]