Frauds & Scandals

Uber CEO Travis Kalanick resigns under investor pressure

June 21, 2017/Reuters By Heather Somerville and Joseph Menn Uber Technologies Inc Chief Executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on Tuesday under mounting pressure from investors over his leadership. Kalanick’s departure caps a tumultuous period for the world’s largest ride-services […]

N541 billion Debt: Access Bank, others take over Etisalat Nigeria

June 20, 2017/Premium Times Bassey Udo A consortium of banks, led by Access Bank PLC and other Nigerian and foreign banks, has taken over the management of Etisalat Nigeria, effective June 15. The takeover followed the collapse of the effort by Emerging Markets Telecommunications Services, EMTS, promoted by-one time Chairman, […]

SunTrust denies withholding NASS members’ salaries

14/6/2017/SunTrust SunTrust Bank has debunked the claim that the bank failed to pay some staff of the National Assembly who protested non-payment of their salaries on Tuesday. It would be recalled that the protest by legislative aides was triggered by the death of Hassan Abiodun, an aide to the Deputy […]