Tag Archives: Oando PLC

Oando audit in ‘doubt’ as Emir Sanusi brokers peace

A key shareholder of Nigeria’s indigenous oil and gas firm, Oando PLC, has withdrawn his petition to the Securities and Exchange Commission (SEC), following a peace deal with the oil firm’s chief executive officer, Wale Tinubu. The decision has put in doubt the possibility of a proposed forensic audit of the company going forward. Dahiru Mangal, a shareholder of the ...

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SEC begins forensic audit of Oando Plc

The Securities and Exchange Commission (SEC) has begun the forensic audit of Oando PLC, contrary to reports that the exercise had stopped due to the suspension of the Director-General of the Commission, Mounir Gwarzo. A letter obtained by the News Agency of Nigeria (NAN), on Tuesda,y in Abuja, showed that SEC had written to the Group Chief Executive Officer of ...

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SEC to conduct forensic audit of Oando

The Securities and Exchange Commission (SEC) has said it will  begin a forensic audit of Oando Plc. This is contained in a letter addressed to the Group Chief Executive Officer of Oando, Adewale Tinubu, stating the decision to conduct a forensic exercise into the activities of the company. The letter, which was signed by the Acting Director-General of SEC, Abdul ...

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