September 27, 2017/Punch Olufemi Atoyebi, Ibadan Justice Mrs. J.O. Abdulmalik of the Federal High Court, Ibadan Division, on Tuesday, adjourned ruling on the bail request made by the eight bankers standing trial in the Central Bank of Nigeria N8bn mutilated currency fraud Abdulmalik said she would rule on the bail […]
Frauds & Scandals
US SEC Announces Enforcement Initiatives To Combat Cyber-Based Threats And Protect Retail Investors
Culled—Proshare September 26, 2017/SEC The Securities and Exchange Commission today announced two new initiatives that will build on its Enforcement Division’s ongoing efforts to address cyber-based threats and protect retail investors. The creation of a Cyber Unit that will focus on targeting cyber-related misconduct and the establishment of a retail […]
KPMG Sacks South African Management Team Over Financial Scandal
Culled—Proshare 25/9/2017/BBC Foremost accountancy firm, KPMG, has removed the leadership team of its South African arm after an internal investigation into work it did for the Gupta family. Chief executive Trevor Hoole, Chairman Ahmed Jaffer, chief operating officer Steven Louw and five other senior partners have all left the firm. […]
