Public Accounts Committee to look into allegations against Sebi Chief Madhabi Puri Buch

Public Accounts Committee to look into allegations against Sebi Chief Madhabi Puri Buch

New Delhi: The parliamentary Public Accounts Committee (PAC) is set to look into allegations against Securities and Exchange Board of India (Sebi) chief Madhabi Puri Buch and may summon her later this month, said people with knowledge of the matter. The matter was added to the PAC’s agenda after several members demanded an inquiry into … Read more

Crypto firms made nearly half of corporate donations in 2024 election: report

Crypto firms made nearly half of corporate donations in 2024 election: report

Cryptocurrency companies have accounted for nearly half of all corporate donations during the 2024 presidential election – provoking critics to cry foul over the industry’s growing influence, according to a report. Crypto corporations dished out more than $119 million in political donations, mostly into a non-partisan super PAC focused on electing pro-crypto candidates, according to … Read more

Reps panel queries Accountant General’s office for payment to Remita

Reps panel queries Accountant General’s office for payment to Remita

The House of Representatives Public Accounts Committee (PAC) has queried the payment of N15 billion to Remita, a payment platform, from the Office of the Accountant General for the Federation (OAGF). The committee accused the Central Bank of Nigeria (CBN) and commercial banks of complicity in the sharing of the N15 billion remittance. Chairman of … Read more