Frauds & Scandals

SEC Issues Press Statement on Court Judgment Against Infringement on Oando Shareholders Right

February 24, 2021/SEC Nigeria The attention of the Securities and Exchange Commission (the Commission) has been drawn to several publications in the media, where it is reported that a shareholder of Oando Plc, purportedly obtained a judgment from the Federal Capital Territory High Court against the Commission. The Commission wishes to […]

N69.4b Debt Case Between AMCON & Jimoh Ibrahim Heads to Court Of Appeal

February 24, 2021/AMCON In a bid to recover the huge debt of nearly N70billion owed it by businessman Jimoh Ibrahim, the Asset Management Corporation of Nigeria (AMCON) has filed a Notice of Appeal at the Court of Appeal, Abuja Judicial Division following Justice Okon Abang’s ruling of Tuesday February 22, […]

Oando Shareholder Secures Court Judgement Against SEC’s Infringement on Shareholders Right

February 23, 2021 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-Patrick Ajudua, an engineer and shareholder of oil marketing major, Oando Plc on Tuesday secured a judgement against the Securities and Exchange Commission (SEC) from infringing on the fundamental rights of the company’s shareholders in a suit filed at the High Court […]