Posted on May 13, 2009 by Fortune&Class
The controversy generated in consequence of an Access Bank Plc customer accusation of stealing and cheating against the bank in description of what the customer, Messrs Abivico Investment & Promotions Company ascribed to illegal and excess bank charges and the part admittance of the accusation of the customer by Access Bank may provide the basis for a legal contest where some of the nation’s banking law would be availed the scrutiny of the law. Read.
Filed under: BusinessNEWS | Tagged: access bank, advisory & consultation fee, CBN, commitment fee, duty to keep customer's account accurate, excess bank charges, forensic consultant, forensic consulting, guide to bank charges, law of banking in nigeria, management fee, messrs abivico investment & promotions company, Ori Adeyemo, processing and renewal fee, prudential guidelines, restructuting fee | Leave a comment »
Posted on May 13, 2009 by Fortune&Class
The exposition of the brazen breach of basic business transaction procedure by Vista International Limited, a company described as the largest paper products distributor in Nigeria, may not be the only factor that qualifies the company to be listed in the nation’s class of white collar infamy. Here.
Filed under: BusinessNEWS | Tagged: adedotun ajiboye, anoop viryani, dev viryani, fortune&class weekly, indians, tolaram group, tony uzurigbo, vaswani brothers, vista international, white collar infamy | Leave a comment »
Posted on May 13, 2009 by Fortune&Class
With the public chastising of Conoil Plc last Wednesday by members of the Senate Committee on Public Account, an uncanny connect was established between the arrest and brief detention of Dr. Mike Adenuga by the Economic and Financial Crimes Commission in November 2006 and the culpability of his oil company, Conoil Plc in withholding statutory remittance of bridging fund to the Petroleum Equalisation Fund (PEF). Here.
Filed under: BusinessNEWS | Tagged: conoil nigeria, conoil petroleum, conoil plc, economic financial crimes commission, federal inland revenue services, Mike Adenuga, mike adenuga's oil company, petorleum equalisation fund, sanjay mansur, senate committee on public account, senatot caleb zagi, umar musa yar'adua | Leave a comment »