MoPs, financial experts back stiffer sanction for capital market infractions

by | December 4, 2017 1:08 am

Members of Parliament and experts in the Nigerian financial sector on Thursday expressed support for stiffer penalties for operators involved in misappropriation and diversion of funds in the capital market. Securities and Exchange Commission (SEC) specifically proposed 15 years imprisonment for anyone convicted and payment of 500 percent of amount involved, among others as stipulated…

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