Frauds & Scandals

Cyber Criminals are out there: What are you doing about it?

The CyberXchange Conference 2016 which will hold at the Landmark Event Centre, Lekki Peninsula, Lagos on the 2nd and 3rd November seeks to identify the key trends and technologies in Cyber Security September 26, 2016/CyberXchange Every 5 seconds there is a case of cyber crime, and this poses a threat […]

Nigeria lawmakers to investigate $17 bln oil theft claim

Fri Sep 23, 2016/Reuters Lawmakers in Nigeria’s lower house of parliament are to investigate whether $17 billion of petroleum and fuel exports were stolen by companies and government agencies under the administration led by President Muhammadu Buhari’s predecessor. Buhari, elected last year largely on his vow to fight corruption, has […]

Ernst & Young, Former Partners Charged With Violating Auditor Independence Rules

Culled—Proshare September 19, 2016 First SEC Enforcement Actions For Auditor Independence Failures Due To Close Personal Relationships The Securities and Exchange Commission today announced that public accounting firm Ernst & Young has agreed to pay $9.3 million to settle charges that two of the firm’s audit partners got too close […]