An under the table deal to acquire the shares of on suspension Afroil by Eternal Oil at the detriment of other shareholders in the company, has been exposed and reported to the Securities and Exchange Commission.
The SEC had in March 2008 announced the suspension in the trading of the shares of Afroil as a…
Filed under: BusinessNEWS | Tagged: afroil, business, capital oil, eterna oil and gas plc, eternal oil, ishaq olakunle sanni, ks fund managers limited, news, nigerian stock exchange, nse, SEC, security and exchange commission, shareholders, shares manipulations, whistle blowers | Leave a comment »