Operatives of Nigeria Police Force that barricaded Oando Plc’s head office in Lagos have finally vacated the office.
This development is coming four days after a Federal High Court order in Lagos on June 3, granted an interim injunction, restraining Securities and Exchange Commission, SEC, from executing the interim management in Oando. The court injunction followed an application filed by Wale Tinubu, Managing Director and his deputy, Mr Omamofe Boyo. Confirming the latest development to Vanguard, Head of Corporate Affairs of Oando Plc, Alero Balogun, said: “All the policemen have left our head office. On Friday, they all left and work is going on smoothly. ‘’The Managing Director and Deputy Managing Director and other staff are all in their offices. So, work is moving as usual. The case is in the court and the hearing will commence from June 14, 2019.” She wondered why SEC has not released the forensic audit report, saying: “We want SEC to make public, the forensic audit report and give the board fair-hearing.’’

Read more at: https://www.vanguardngr.com/2019/06/police-vacate-oando-head-office/

Oando saga.... Police and their sheepish moves

....

Kilode

Tinubu crackdown by arewa boys

Elrufai no wan competition for next presidential elections i guess

Tinubu this, Tinubu that crews coming to sprew thrash as usual... just watch

Ipigs unah food don don

ENYO ti takeover

Sirpaul:
ENYO ti takeover

Enyo bought the downstream business, while Oando concentrates on Upstream and Midstream

carterguccy:
Tinubu this, Tinubu that crews coming to sprew thrash as usual... just watch

Ipigs unah food don don

Tinubu their tormentor...

One begins to wonder the relevance of regulators in Nigeria these days.

SEC bears it's fang, Oando goes to court.

NBC bears it's fang, Daar goes to court.

If we feel there is no need for regulation, why not do without it.

THEY SUD ALSO VACATE D PREMISES OF AIT

Hmmm

Ok. That is ok because I don't want the company to be shut down for the sake of the innocent workers feeding their family working in the oil firm.

abc115:

Enyo bought the downstream business, while Oando concentrates on Upstream and Midstream

Oga nobody bought anything , that another Tinubu scam to offload Oando investors like they have always done

abc115:

Enyo bought the downstream business, while Oando concentrates on Upstream and Midstream

Oando actually concentrates on 'lootingstream'!
Nothing is getting to minority shareholders, piling up debts every year, while the management is living very large.