31/10/2016/The Will Jim Osayande Obazee, the controversial Executive Secretary of the Financial Reporting Council of Nigeria (FRC), who was used by former President Goodluck Jonathan to author a report that formed the basis for the suspension and eventual removal from office of the former Governor of the Central Bank (CBN), […]
Frauds & Scandals
Federal High Court Dismisses BGL Cases Against SEC
October 31, 2016/SEC The Federal High Court sitting in Lagos has delivered its judgments on the three cases filed against the Commission by BGL Plc, its sponsored individuals and subsidiaries. The cases BGL had brought before the Lagos High Court against the Commission are: I. FHC/L/CS/767/2015 BGL PLC & 4 ORS VS SECURITIES […]
Resort Savings uncovers N165m fraud, invites EFCC October 28, 2016
28/10/2016/Punch Ife Ogunfuwa Resort Savings and Loans Plc is set to appoint an external auditor to carry out a forensic audit to determine details of fraud allegedly perpetrated by the previous management of the company The Chairman, RSL, Senator Sunday Fajinmi, who was appointed during the company’s board meeting on […]
