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 […]
Frauds & Scandals
SEC Obtains Final Judgment Against Radio Host Charged in Ticket Resale Investment Scheme
May 31, 2019/US SEC On May 31 , 2019, a federal court judge entered a final judgment against New York-based sports radio personality Craig Carton and five of his companies in an SEC case that charged Carton with operating a multi-million dollar fraudulent scheme involving purported purchases and resales of […]
Oando Challenges SEC’s Ruling on the Outcome of the Forensic Audit
May 31, 2019/Oando Plc Our attention has been drawn to a press release published by the Securities and Exchange Commission (SEC) on Friday, May 31, 2019 “Press Release on “Investigation of Oando PLC (the Company)”. In the statement, the Commission confirms the conclusion of its investigations and that the findings […]
