March 26, 2018/US SEC The Securities and Exchange Commission today announced a settled action against Canada-based Kinross Gold Corporation for Foreign Corrupt Practices Act violations arising from the company’s repeated failure to implement adequate accounting controls of two African subsidiaries. According to the SEC’s order instituting a settled administrative proceeding, […]
Frauds & Scandals
Nigeria’s Chain of Corruption Need’s to be Broken for Small Businesses to Thrive -Osinbajo
March 26, 2018 *Says nation-building and industrialization comes from culture of integrity, hard work, trustworthiness “A major component of our industrialization aspirations therefore, is to promote a culture of integrity, of hard work, and trustworthiness. How do you do this? l think that we can do it by demonstrating empirically that a […]
Banks, tech firms combat N2.19bn e-fraud with cyber-insurance
March 26, 2018/Punch Exposure to cyberattacks in the financial services sector is creating a growing demand for cyber-insurance, IFE OGUNFUWA writes Banks and financial technology firms are beginning to see the need to explore cyber-insurance as a means of alleviating the impact of electronic payment fraud in the country. Industry […]

