Thu May 28, 2015/Reuters Pressure mounted on FIFA President Sepp Blatter on Thursday as the corruption scandal engulfing world soccer’s governing body drew warnings from major sponsors and criticism from senior Western politicians. Despite FIFA assertions that it was business as usual following the arrest of seven senior figures on […]

The Securities and Exchange Commission said on Tuesday that Deutsche Bank made material misstatements about a giant derivatives portfolio, inflating its value at the height of the finanical crisis. Financial Times reported that the bank failed to account for a “material risk for potential losses estimated to be in the […]

A Federal High Court monday ordered that the former Managing Director of the Nigeria Security Minting and Printing Plc (NSMP) Emmanuel Okoyomon be remanded in prison custody indefinitely. The court had earlier in its judgment delivered on May 4, 2015, granted the request by the federal government to extradite Okoyomon […]