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Petro Union, CBN, UBN £2.5bn Case to Resume Tomorrow at S'Court


Davidson Iriekpen
The Supreme Court will tomorrow continue its hearing in the case involving the Central Bank of Nigeria (CBN), Union Bank of Nigeria (UBN) and an oil and gas company – Petro Union Oil and Gas Limited (Petro Union) over an alleged £2.550billion fraud.
The series of incidents upon which the case is based began in 1994 when Petro Union was alleged to have fraudulently procured a cheque from a branch of Barclays Bank in the UK with a value of £2.556 billion and presented it at one of Union Bank’s branches in Lagos, with a claim that it had a contract purportedly for the purpose of constructing two refineries, a fertilizer plant and a cement paper bag plant. ....

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Certrec's Office of NERC Compliance Expands its Cyber Security Team


Certrec’s Office of NERC Compliance Expands its Cyber Security Team
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Certrec, a leading regulatory compliance provider for NRC and NERC compliance welcomes Eric Thompson as Senior CIP Analyst on its Office of NERC Compliance (ONC) team.
“Eric has proven capabilities in cyber security,” said Certrec’s Executive Director of Cyber and Information Technologies, Steven Thomas. “He has substantial experience in CIP compliance for NERC, NIST, and ISO regulations. We are excited to add his expertise to our team.”
FORT WORTH, Texas (PRWEB)
March 16, 2021
Certrec announced today that Eric Thompson has joined its Office of NERC Compliance team as Senior CIP Analyst. ....

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