November 11, 2016/Reuters South African power utility Eskom Chief Executive Brian Molefe said on Friday he would step down in January, a week after he was implicated in a report by the anti-graft watchdog on allegations of influence peddling. Molefe said although he was stepping down, this was not an […]
Frauds & Scandals
DSS Raids Black Market FX Dealers
November 10, 2016/Cordros Nigerian security agents, in a bid to support the LCY, raided the offices of black market FX dealers today, detaining some and ordering others to sell dollar at an enforced rate, according to Reuters. The officers of the Department of State Services (DSS) had earlier directed the […]
SEC Investigate Complaints against Bytofel Securities, Trust Limited, Jenkens Investment Limited , 3 Others
November 10, 2016/SEC The Commission is investigating complaints it received against the under listed Capital Market Operators (CMOs): Bytofel Securities and Trust Limited Jenkens Investment Limited Securities Solutions Limited Wizetrade Capital & Asset Management Limited. Elyon Assets Management Limited Consequently, the under listed Directors and Sponsored Individuals of the above […]
