Mounir Gwarzo, the director-general of Securities and Exchange Commission (SEC) claims that he was never involved in any spending unapproved by the commission – The report of the Administrative Panel of Inquiry (API) says that Gwarzo’s spending of
Read more via Nigeria News today &...
The Administrative Panel of Inquiry set up to look into allegations against the suspended Director- General of the Securities and Exchange Commission (SEC) Mounir Gwarzo has revealed a misappropriation of funds. According to the Panel, 44 staff of the SEC got severance packages which amount to...
Nigeria's Securities and Exchange Commission, SEC, has described the ‘MMM Federal Republic of Nigeria' online investment scheme as a Ponzi scheme.
A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. The scheme generates returns for older...
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