19/9/2017/Reuters A South African broker and an energy investment firm fired KPMG on Tuesday, two of a host of local firms weighing whether to ditch the auditor to distance themselves from a scandal involving business friends of President Jacob Zuma. Sasfin and Hulisani, both relatively small financial companies based in […]
Frauds & Scandals
Insider abuse: CBN probing bank directors, says Emefiele
September 20, 2017/Punch Oyetunji Abioye The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, on Tuesday said the regulator was currently looking at some cases of insider abuse by members of the board of directors of commercial banks and other financial institutions in the country. As a result, […]
Partnership: SEC bans Ogiemwonyi for life, operating license withdrawn
September 19, 2017/SEC The Securities and Exchange Commission (SEC) has banned the Managing Director of Partnership Investment Company Plc and Partnership Securities Limited, Mr. Victor Ogiemwonyi for life from holding directorship positions in any public company in Nigeria for his unprofessional conduct in the Nigerian capital market. The SEC has […]
