Frauds & Scandals

SARS Arrests Staff Of BudgIT Nigeria, Moses Motoni, Amidst Calls To End Anti-Robbery Squad

Culled—Sahara Reporters December 5, 2017 Moses Motoni, a staff of BudgIT Nigeria, is currently in the detention of the Special Anti-Robbery Squad (SARS) for an offense not known to him. His arrest happened one day after the Inspector General of Police, Ibrahim Idris Kpotum, gave an order to reorganize SARS […]

AMCON Disowns Media Stories On Grant Properties Limited

December 5, 2017/AMCON The attention of Asset Management Corporation of Nigeria (AMCON) has been drawn to some sponsored and inaccurate stories on some online publications regarding a pending debt-related issue between one Mr. Olajide Awosedo, the Chairman of Grant Properties Limited and Asset Management Corporation of Nigeria (AMCON).   We […]

SEC Insist on Forensic Investigation of Oando

December 5, 2017/SEC The Securities and Exchange Commission has reiterated its decision to conduct a Forensic Exercise into the activities of Oando Plc.  This commitment is contained in a letter dated December 5, 2017 addressed to Oando Plc. The Commission wishes to assure the general public of its zero tolerance to infractions in the […]