13/10/2016/Reuters Nigerian lawmakers invited South Africa’s MTN, Nigeria’s trade minister and four lenders to appear at an “investigate hearing” on Oct. 20 over the alleged illegal transfer of $14 billion out of the country. The four lenders invited to appear before a senate committee on banking, insurance and other financial […]
Frauds & Scandals
WANTED: Goodie Ibru For Alleged Capital Market Fraud
12/10/2016/The Will The Economic and Financial Crimes Commission (EFCC) has declared Goodie Ibru, hotelier and businessman, wanted over alleged capital market fraud. THEWILL gathered that he had been invited by the anti-graft commission but failed to appear, hence, the declaration. According to a statement by the Head of Media and […]
Deutsche Bank to pay $9.5 million penalty over research info: SEC
October 12, 2016/Reuters By Sarah N. Lynch | WASHINGTON Deutsche Bank will pay a $9.5 million penalty to settle civil charges that it failed to properly safeguard material non-public information generated by its research analysts and publishing an improper research report, U.S. regulators said Wednesday. The Securities and Exchange Commission […]
