Ponzi Operators in NIgeria to Face ₦10 Million Fine– IST Boss
By Oluwakemi Kindness The Investments and Securities Tribunal (IST), says the newly enacted Investments and Securities Act prescribes punitive measures of no less than ten million naira against operators of Ponzi schemes. This is according to the Chairman of the IST, Amos Azi, who stated this at the weekend in Abuja during a stakeholders' engagement meeting towards unveiling the Tribunal’s new e-filing platform. He notes that the repealed 2007 Act […]