Posts Tagged ‘Fraud’
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Court Remands Four Directors of Oil Company Over Alleged £2.55bn Fraud

by Ikokwu Ikembaon February 14, 2020
A Federal High Court in Lagos on Thursday ordered the remand of four directors of Petrol Union Oil and Gas Company Ltd., over alleged £2.556 billion fraud. The defendants are: Abayomi Kukoyi; Kingsley Okpala, Chidi Okpalaeze and Emmanuel Okpalaeze. The judge, Mohammed Liman, ordered the remand of the defendants at a custodial centre after their […]

Angola’s ex first daughter Isabel dos Santos charged with fraud

by Ikokwu Ikembaon January 23, 2020
Angola’s billionaire former first daughter Isabel dos Santos has been charged with money laundering and mismanagement during her stewardship of state-owned oil firm Sonangol, as Luanda moves to try and bring her home to face trial for looting the country’s coffers. Documents leaked this week alleged the daughter of ex-president Jose Eduardo dos Santos plundered […]

Ghosn fled Japan after security firm hired by Nissan stopped surveillance

by Ikokwu Ikembaon January 4, 2020
Ousted Nissan boss Carlos Ghosn left his Tokyo residence after a private security firm hired by Nissan Motor Co stopped monitoring him, three sources familiar with the matter told Reuters today. Ghosn has become an international fugitive after he revealed on Tuesday he had fled to Lebanon to escape what he called a “rigged” justice […]