December 15, 2015/The Will In October 2010, over a year after he assumed office as Governor of the Central Bank of Nigeria, Emir of Kano, Muhammadu Sanusi II received a directive from then President Goodluck Jonathan to donate the sum of N19.7 billion from the coffers of the apex bank […]
Frauds & Scandals
Breaking News: Isis Inc-Loot and taxes keep jihadi economy churning
December 14, 2015/Financial Times By Erika Solomon in Beirut and Sam Jones in London As Isis officials announced a religious tithe known as zakat last summer, Mansour, a 26-year-old grocery storekeeper in eastern Syria, stalled payment while he tried to cook his books. A week later, four Isis officials stormed […]
Court dismisses Stanbic IBTC suit against FRC
December 15, 2015/The Guardian Justice Ibrahim Buba of the Federal High Court, Lagos yesterday dismissed the suit filed by Stanbic IBTC Plc against the Financial Reporting Council of Nigeria (FRC). Justice Buba said the court cannot grant the reliefs sought by the plaintiff. According to the judge, the contract entered […]
