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Reported economic crime in South Africa hits record levels; cost and accountability concerns rising

February 27, 2018/PwC 77% of SA organisations have experienced economic crime; Fraud committed by consumers ranks as the second most reported crime in SA; CEO and board increasingly being held… Read more »

Corruption Deepens as Transparency International Ranks Nigeria 148

February 21, 2018/Transparency International This year’s Corruption Perceptions Index highlights that the majority of countries are making little or no progress in ending corruption, while further analysis shows journalists and… Read more »

Unpaid Debt: AMCON Takes Over Osigwe Foods & Agro Industrial Company Limited

19/2/2018/AMCON Hon. Justice Saliu Saidu of the Federal High Court Lagos Division has granted an injunction against Osigwe Foods and Agro Industrial Company Limited, owned by Chief Anselm Kayode Mohammed… Read more »

Osinbajo Queries IGP Idris over Arrest, Detention of Elombah Brothers

By Our Correspondent Lagos (INVESTADVOCATE)-Vice president Yemi Osinbajo has queried Mr Ibrahim Kpotum Idris, Inspector General of Police over the arrest and detention of the Elombah brothers, Journalists, publisher and… Read more »

Zuma Quits as South African President Under Cloud of Scandal

14/2/2018/Bloomberg By Amogelang Mbatha, Michael Cohen, and Paul Vecchiatto Zuma’s exit to concentrate power in Ramaphosa’s hands Shakeup will give ANC time to rebuild ahead of 2019 elections South African… Read more »

Group Says Offer of Grant by IDB to SMEs a Hoax

February 14, 2018/Celestine Okeke It has come to the attention of our organization that several non-governmental and religious organizations have been peddling stories about the existence of a grant for… Read more »

Deutsche Bank To Pay About $4.4 Mln To Settle SEC Charge It Misled Consumers

Culled—Business Insider 12/2/2018 (RTTNews) – Deutsche Bank AG (DB) agreed to pay more than $4.4 million to settle regulatory claims that it failed to supervise traders who misled customers about… Read more »

Court issues bench warrant against Innoson Motors boss

9/2/2018/Punch/NAN An Ikeja Special Offences Court has issued a bench warrant for the arrest of Mr Innocent Chukwuma, alias Innoson, the Chairman of Innoson Motors Nigeria Ltd. The News Agency… Read more »

Cybercriminals target booming cryptocurrencies: report

1/2/2018/Reuters Gertrude Chavez-Dreyfuss Bitcoin’s popularity and the emergence of about 1,500 other digital coins or tokens have drawn more hackers into the red-hot cryptocurrency space, expanding opportunities for crime and… Read more »

I Was Suspended Because I Did Not Stop Probe of Oando, Suspended DG Gwarzo Tells Committee

Mounir Gwarzo, Suspended DG of Nigeria’s SEC January 30, 2018/Sahara Reporters The suspended Director General of Securities and Exchange Commission (SEC ), Munir Gwarzo has said that the Minister of… Read more »