Senior cop in court for alleged corruption resulting in sabotage of a company’s London Stock Exchange listing

  • 📰 TheStar_news
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 59%

Crime And Courts News

A senior police officer appeared in court over corruption charges resulting in the sabotage of Umuthi Healthcare Solutions’ London Stock Exchange listing.

Senior cop in court for alleged corruption resulting in sabotage of a company’s London Stock Exchange listing

As part of this bail conditions, he has to surrender his passport, avoid any direct or indirect contact with witnesses and the complainant and report to Benoni Police Station twice a week. Extradition proceedings have been launched to return Morris to South Africa to face corruption charges related to the sabotage of the Umuthi Healthcare listing on the London Stock Exchange in 2021.

There was allegedly also a threat to launch a negative media campaign against Umuthi to derail the planned listing on the LSE. This transaction of R20,000 was confirmed through a Section 205 subpoena. When approached to provide a warning statement, Soobramoney refused, leading to the issuance and execution of a warrant for his arrest for extortion and corruption charges.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 26. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines