Frauds & Scandals

SEC Shut Down by Workers’ Union Ahead of Gwarzo’s Planned Resumption

June 3, 2019/Our Reporter The Association of Senior Civil Servants of Nigeria, SEC Branch, on Monday morning locked up offices of the Headquarters of the Securities and Exchange Commission, SEC over attempts by the suspended DG, Mounir Gwarzo to resume duties. The Union is protesting attempts to reinstate the suspended […]

Post-Forensic Exchanges: The SEC Letter to Oando Plc and The Oando Rebuttal

Culled—Proshare June 2, 2019 By Proshare Research  The Securities & Exchange Commission (SEC), on May 31, 2018 wrote to The Chairman of Oando Plc on the findings of the forensic audit conducted by Deloitte & Touche; and its decisions therefrom. Oando Plc has since responded to the contents of the […]

Oando: SEC Names Interim Management Headed by Mutiu Sunmonu Ex-Shell Boss

June 2, 2019/SEC Further to our Press Release on Oando Plc, dated May 31, 2019, the Commission hereby informs the public of the constitution of an Interim Management Team headed by Mr. Mutiu Olaniyi Adio Sunmonu CON, to oversee the affairs of Oando Plc, and conduct an Extra Ordinary General Meeting on […]