Frauds & Scandals

Lest the Whistle-Blowers Run Mad

November 28, 2017 ‘There is no doubt that the rule of law is unambiguously enshrined in the Nigerian Constitution. The only surprising thing to any competent individual is the blatant disrespect shown to this constitutional provision by Nigerian rulers who had openly sworn to uphold it. From the backdrop of […]

FHC Strikes Out Oando Suit Against SEC, Refers Plaintiff To IST Citing Lack of Jurisdiction

Culled—-Proshare November 24, 2017/ News  A case filed by Oando PLC against the Securities and Exchange Commission (SEC) has been striked out the Federal High Court sitting in Lagos seeking to stop SEC from conducting a forensic audit on the company and also lift a technical suspension placed on its […]

Capital Market scam: Okumagba absent as Case adjourned to January 25

Albert Okumagba, Managing Director, BGL Group November 6, 2017/SEC Chief Magistrate Chinyere  Elewe Nwecheonwu of Chief Magistrate Court Zone 6, Abuja on Monday adjourned till January 25, 2018, further hearing on the matter between the Federal Government and the BGL Group and its officials, this is even as Managing Director of […]