…Trial to end April 7, judgment will take months Lagos — Nigeria has instituted a $1.7 billion suit against U.S.…
Browsing: JP Morgan Chase
Oslo — Norway’s $1.15 trillion wealth fund expects more turmoil on financial markets as the world continues to fight the…
09 February 2019, Oslo — Norway’s $1 trillion wealth fund will push the 9,000 firms it invests in to disclose more…
The document further alleged that JP Morgan had transferred the funds to two accounts controlled by Etete, without sufficient due diligence to make sure the money did not leave accounts controlled by the Federal Government.
Ike Amos 11 February 2018, Sweetcrude, Abuja — Eight oil and gas companies failed to remit $65.57 million royalty on…
The lawsuit said JP Morgan then received a request from finance ministry workers to transfer more than $800 million of the funds to accounts controlled by the previous operator of the block, Malabu Oil and Gas, itself controlled by former oil minister, Chief Dan Etete.
30 March 2017, London — Saudi Aramco has formally appointed JPMorgan Chase & Co, Morgan Stanley and HSBC as international…
The OPL 245, an oil field believed to be the largest in Africa with over nine billion barrels of crude, was said to have been fraudulently acquired from the Federal Government by Malabu Oil and Gas Limited in 1998 and afterwards offered to oil giants, Shell and Agip, in a shady shady deal.
15 September 2015, Lagos – As the equities market continues to suffer from the recent announcement by JP Morgan to…
10 September 2015, Lagos – The decision by US investment bank JP Morgan & Chase to phase out Nigerian government…
