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Police Vacate Oando Head Office - Business - Nairaland

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Police Vacate Oando Head Office by abc115: 9:30am On Jun 10
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/

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Re: Police Vacate Oando Head Office by Jmk9292(m): 9:35am On Jun 10
Oando saga.... Police and their sheepish moves

3 Likes

Re: Police Vacate Oando Head Office by fringz11(m): 9:49am On Jun 10
....
Re: Police Vacate Oando Head Office by jbass1(m): 9:51am On Jun 10
Kilode
Re: Police Vacate Oando Head Office by Yankee101: 9:51am On Jun 10
Tinubu crackdown by arewa boys

Elrufai no wan competition for next presidential elections i guess
Re: Police Vacate Oando Head Office by carterguccy(m): 9:52am On Jun 10
Tinubu this, Tinubu that crews coming to sprew thrash as usual... just watch

Ipigs unah food don don grin

5 Likes

Re: Police Vacate Oando Head Office by Sirpaul(m): 10:02am On Jun 10
ENYO ti takeover
Re: Police Vacate Oando Head Office by abc115: 10:08am On Jun 10
Sirpaul:
ENYO ti takeover
Enyo bought the downstream business, while Oando concentrates on Upstream and Midstream

1 Like

Re: Police Vacate Oando Head Office by Oblang(m): 10:09am On Jun 10
carterguccy:
Tinubu this, Tinubu that crews coming to sprew thrash as usual... just watch

Ipigs unah food don don grin

Tinubu their tormentor...

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Re: Police Vacate Oando Head Office by ppogba: 10:14am On Jun 10
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.

1 Like

Re: Police Vacate Oando Head Office by Donenam(m): 10:15am On Jun 10
Re: Police Vacate Oando Head Office by slivertongue: 10:20am On Jun 10
THEY SUD ALSO VACATE D PREMISES OF AIT
Re: Police Vacate Oando Head Office by Talentsportal: 10:43am On Jun 10
Hmmm

Re: Police Vacate Oando Head Office by jrusky(m): 11:07am On Jun 10
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.

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Re: Police Vacate Oando Head Office by SarkinYarki: 11:14am On Jun 10
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

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Re: Police Vacate Oando Head Office by DeRuggedProf: 11:55am On Jun 10
abc115:

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

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

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