June 27, 2017/CNBC Google slapped with 2.4 billion euro ($2.7 billion) fine over antitrust abuses. The fine is the largest to be doled out by EU regulators. Google will have the opportunity to appeal to the European Court of Justice. Karen Gilchrist | Anita Balakrishnan Google has been fined a […]
Frauds & Scandals
Abu Dhabi’s Mubadala fund pulls out of Etisalat Nigeria
24/6/2017/Reuters By Camillus Eboh and Chijioke Ohuocha Abu Dhabi state investment fund Mubadala has pulled out of Etisalat Nigeria after the telecoms firm failed to renegotiate a $1.2 billion loan taken out four years ago with 13 Nigerian banks, the central bank said on Friday. It gave no details on […]
$1.2b: Banks Seek Probe Of Etisalat’s Management
Culled—Sahara Reporters by Lucas Ajanaku, Assistant Editor, The Nation Jun 21, 2017 The 13 banks involved in Etisalat Nigeria’s $1.2 billion loan are seeking the Federal Government’s intervention to investigate the firm’s management. The banks plan to seek an Economic and Financial Crimes Commission (EFCC) probe of what the company […]
