Mantengu slams FSCA probe as incomplete, demands deeper investigation

Mantengu slams FSCA probe as incomplete, demands deeper investigation

Mantengu challenges FSCA’s limited investigation into alleged share manipulation; awaits full report and supports ongoing probes.

FSCA dismisses Mantengu’s price manipulation claims as 'unfounded'

The Financial Sector Conduct Authority (FSCA) has dismissed serious allegations of share price manipulation raised by Mantengu Mining Limited, concluding that the transactions in question were lawful and did not amount to any prohibited trading practices. The findings have been welcomed by Liberty Coal, one of the primary companies implicated by Mantengu, which described the claims as “baseless, ill-conceived, and meritless”. Mantengu’s initial …