Frauds & Scandals

BudgIT Decries States’ Refusal to Publish Their COVID-19 Expenditures”

March 1, 2021/BudgIT As part of BudgIT’s mandate to promote transparency and accountability in public finance, we are currently leading an #Account4COVID campaign to ensure that all states publish their expenditures on COVID-19 response. It is not news that independently of states’ allocations for COVID-19 response, both the local and […]

AGA-AFRICA/SEC Hold Webinar on Ponzi Schemes

February 28, 2021/SEC Nigeria The Attorney General Alliance Africa in collaboration with the Securities and Exchange Commission, is organizing a webinar from 2nd to 3rd March 2021 with the theme “Curbing the Tide of Ponzi schemes: The Role of the Regulator”. Guests expected at the event are Mr. Markus Green […]

SEC Suspends Trading in Multiple Issuers Based on Social Media and Trading Activity

February 26, 2021/US SEC As part of its continuing effort to respond to potential attempts to exploit investors during the recent market volatility, the Securities and Exchange Commission today suspended trading in the securities of 15 companies because of questionable trading and social media activity. Today’s action follows the recent […]