Maurice Iwu, the chair of the Independent National Electoral Commission (INEC) from June 2005 to April 2010, increased his interest in drug-maker Neimeth International Pharmaceuticals by 20.1 million shares.
According to two recent regulatory filings at the Nigerian Exchange Limited (NGX), the former chief of the country’s electoral body purchased 10 million shares in 11 different transactions between 26 June and 26 August.
Altogether, the deals were worth over N19 million.
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