Activist Drops $10,000, Bet Obi Will Come Distant 3rd In 2023 Election | GOVERNMEND

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A popular rights activist, Deji Adeyanju just deposited a sum of $10,000 into the account of Dele Momodu of Ovation Magazine, placing a bet with one of the supporters of Peter Obi, the Labour Party’s presidential candidate. Adeyanju is convinced that Peter Obi will come a distant 3rd right after Atiku and Tinubu after describing the Obidient movement as a social media disturbance.

He just put his money where his mouth is, and it looks like the Obidients are taking up the challenge. Mr. Ben, a pro-Obi is also expected to deposit the same amount into Dele Momodu’s Zenith dollar account until after the outcome of the presidential election. Mr. Ben mentioned that Peter Obi will win the presidential election and Adeyanju will have to bury his head in shame.

It has become a thing of debate as many influencers and politicians have branded the Obidient movement activities online to be nefarious, as many of his supporters are fond of verbally attacking people with contrary views.

Adeyanju seems to be certain about winning the bet, he already mentioned that the proceeds from the bet would be used to fund his PhD education.

Source: GOVERNMEND NG

BF Borgers, an accounting firm owned by former US President Donald Trump, has been accused by the Securities and Exchange Commission (SEC) of engaging in widespread fraud and operating a “sham audit mill.” The SEC alleges that BF Borgers committed “deliberate and systemic failures,” including the fabrication of audit papers and false assurances to clients regarding compliance with accounting standards.

This fraudulent activity, described as “massive,” occurred between January 2021 and June 2023, impacting over 1,500 SEC filings and more than 500 public companies. As a consequence, the SEC has permanently barred BF Borgers from practicing as accountants before the agency and imposed a severe penalty, including a collective fine of $14 million against the firm and its owner, Benjamin Borgers.

In a statement, Gurbir Grewal, director of the SEC’s enforcement division, declared that Borgers and his “sham audit mill” have been permanently shut down. The SEC has notified public companies that engaged BF Borgers to seek new accounting firms.

Trump Media & Technology Group, chaired and majority-owned by Donald Trump, was among BF Borgers’ clients. While Trump Media may be the most high-profile client, BF Borgers served around 350 clients subject to SEC rules during the mentioned period. However, the SEC review only examined BF Borgers’ work for public companies, excluding its services to Trump Media when it was private.

Trump Media, despite its significant valuation on Wall Street exceeding $9 billion, generates limited revenue. Its social media platform, Truth Social, faces challenges, with a notable decline in average daily active US users on iOS and Android in April. Despite this, Donald Trump remains a prominent user on Truth Social.

In response to the SEC’s actions, a spokesperson for Trump Media expressed readiness to collaborate with new auditing partners in compliance with the SEC’s order. BF Borgers did not provide a comment on the allegations.

In summary, BF Borgers, owned by Donald Trump, faces severe consequences following accusations of fraud by the SEC. The firm’s practices, characterized as a “sham audit mill,” have led to permanent suspension and hefty fines. Trump Media, among BF Borgers’ clients, is navigating challenges despite its substantial valuation, particularly with its Truth Social platform experiencing a decline in user engagement.

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