October 7, 2016/Reuters By Marius Zaharia and Fathin Ungku An investigation into South Africa’s finance minister must take its course but needs to avoid rattling investors, Deputy President Cyril Ramaphosa said on Friday, amid speculation of a power struggle in the ruling African National Congress (ANC). An elite police unit […]
Frauds & Scandals
Court Orders AMCON To Pay Capital Oil And Gas 26bn Naira
October 6, 2016/Channels TV A Federal High Court in Abuja has ordered the Asset Management Corporation Of Nigeria (AMCON) to pay Capital Oil and Gas Limited the sum of 26 billion Naira as contained in the consent judgment delivered in 2013. Justice Abdul Kafarati in his judgement held that the court […]
Exclusive: Wells Fargo account scandal extends to small business – U.S. senator
October 4, 2016/Reuters By Suzanne Barlyn | NEW YORK Wells Fargo & Co’s account scandal is not limited to its consumer banking sector, U.S. Senator David Vitter told the bank’s chief executive in a letter. Thousands of small business owners were also impacted by Wells Fargo’s practices, wrote Vitter, a […]
