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Jumoke Damilola Olakunle One of the most memorable subnational administrations in Nigeria was the military regime of retired Gen. Buba Marwa in Lagos State. Not only was it known for its tough crackdowns on violent crimes, the regime is reputed to have kickstarted what is today regarded as the country’s most efficient revenue generation template. At the heart of that success story was a young, brilliant financial expert from the famed Abibu Oki family of Lagos State and the Labisi Olugbesan clan of Ibadan: Alhaja Foluke Kafayat AbdulRazaq (FKA) who turns 65 today, April 16, 2021. FKA, an ac...

    On 9 February 2021 the FRC delivered its Initial Investigation Report (IIR) in connection with its investigation opened in February 2019 into certain aspects of KPMG's audit of the financial statements of Carillion plc for the year ended 31 December 2013.   This is the second IIR that the FRC has delivered in connection with its investigations of KPMG's audits of Carillion plc's financial statements. On 21 September 2020 the FRC announced that it had delivered its first IIR , regarding its investigation opened in January 2018 into KPMG's aud...

Sahakar Bharati leader Satish Marathe, its President Ramesh Vaidya, its Karnataka’s leader State General Secretary Krishna Reddy and others met the Karnataka Cooperative Minister S T Somashekar and discussed the matter related to the beleaguered PMC and Guru Raghavendra Sahakara Bank. “The delegation raised a host of issues with the ministers and urged him to resolve them sooner than later. They also urged the minister to meet Union Finance Minister Nirmala Sitharaman and asked him to expedite the process of PMC bank and Guru Raghavendra Sahakara Bank so as to protect the interest of depo...