Frauds & Scandals

Experts demand full disclosure of alleged missing N30tn

Economic and financial experts have called on the Federal Government to fully account for the N30tn alleged by a former Governor of the Central Bank of Nigeria, Prof. Chukwuma Soludo, to have been stolen under the supervision of the Minister of Finance, Dr. Ngozi Okonjo-Iweala. The experts said the exchanges […]

SEC Alert Investors on Michelle-Vault Partners, Illegal Fund Managers

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) on Monday alerted the investing public on the activities of Michelle-Vault Partners Ltd as fund managers. SEC in a notice on its website said Michelle-Vault Partners is operating a purported fund “Energy Sector Credit Enhancement Fund”. According to SEC, in order […]

Soludo Responds To Okonjo-Iweala, Grills Minister Over Alleged N12 Trillion Stolen From Crude Oil, Others

The Will/Feb, 01, 2015 … Challenges Minister, APC To Debate On Economy With the presidential elections just barely two weeks away, former Central Bank Governor, Professor Charles Soludo, Sunday published a follow up to the Op-Ed he published last week titled “Buhari vs Jonathan: Beyond the Election”, where he criticized […]