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  Romania: EPPO conducts searches in probe into €2 million subsidy fraud for growing and packaging vegetables

  European Public Prosecutor's Office

  November 19, 2024

  (Luxembourg, 19 November 2024) – The European Public Prosecutor’s Office (EPPO) in Cluj-Napoca (Romania) is carrying out three house searches in Maramureș County, in an investigation into a suspected €2 million subsidy fraud, involving projects for growing and packaging vegetables.  On the radar of the EPPO are three projects to modernise a farm, financed by the European Agricultural Fund for Rural Development (EAFRD). The projects included the purchase of a line for sorting and packaging tomatoes and agricultural products, as well as the installation of photovoltaic panels for growing vegetables and other machinery.

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  Driving transparency, innovation, and compliance: the DFSA hosts Annual Outreach and releases 2024 Cyber Thematic Review

  DFSA

  November 19, 2024

  Dubai, UAE, 19 November 2024: The Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in and from the Dubai International Financial Centre (DIFC), today hosted its Annual Outreach session, drawing more than 500 participants from across the financial services sector. The event underscores the regulator’s commitment to enhancing industry collaboration, innovation, and compliance.

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  Lagos Court Jails NOGASA Chair, Fatuyi Phillips 21 Years for N43.5m Fraud

  EFCC

  November 19, 2024

  Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, November 18, 2024, convicted and sentenced Fatuyi Yemi Philips, Chairman, Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, to 21 years imprisonment for N43.5m fraud. The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on April 5, 2022, arraigned Philips alongside his firm, Oceanview Oil and Gas Limited, on a two-count charge bordering on obtaining money by false pretence to the tune of N43, 502,000.00.