May 22, 2018/The Witness -As Police declare bankers wanted The Divisional Police Office, Lion Building, Campbell Street at the Lagos Island has declared eight persons, who were of the banking profession, wanted over charges bordering on fraudulent theft of over N600 million naira from depositors’ accounts with First City Monument […]
Frauds & Scandals
SEC probes $1bn Milost Global investment in Unity Bank
May 21, 2018/The Sun The Securities and Exchange Commission (SEC) on Monday said it was investigating the $1 billion alleged investment in Unity Bank Plc by Milost Global Incorporated. Efe Ebelo, SEC’s Acting Head, Corporate Communications, who confirmed this in Lagos said the investigation into the Unity Bank/Milost case was […]
Dismissal Of UK Serious Fraud Office Charges Against Barclays PLC And Barclays Bank PLC
Culled—Proshare May 21, 2018/SFO Barclays announces that the Crown Court has today dismissed all charges brought by the Serious Fraud Office (“SFO”) against Barclays PLC and Barclays Bank PLC regarding matters which arose in the context of Barclays’ capital raisings in 2008. Following application by Barclays to the Crown Court, […]
