Frauds & Scandals

Osinbajo at EITI Conference Calls for Global Action Against Corporate Secrecy, Illicit Financial Flows

*Says, “Secrecy provides convenient cover for the criminal and the corrupt…’’ October 23, 2017/Press Release “we know that anonymous companies are not always illegal or are not always designed to harm. But we also know that secrecy provides a convenient cover for the criminal and the corrupt. And we are […]

NSE Issues Update on Oando’s Suspension

October 20, 2017/NSE Dealing Members are referred to our market bulletin of Wednesday, 18 October 2017 (NSE/LARD/LRD/MB05/17/10/18) notifying them that effective today, Friday, 20 October 2017 and until further directive, the shares of Oando Plc will be placed on technical suspension. Please be informed that the shares of the Oando […]

SEC Appoints Deloitte to Lead Forensic Audit of Oando as Firm’s Shares are Suspended on JSE

Culled—Thisday 20/10/2017 Market welcomes action Goddy Egene In furtherance of its resolve to carry out a forensic audit of Oando Plc, the Securities and Exchange Commission (SEC) has revealed that it has appointed audit firm, Akintola Williams Deloitte, to lead the team of experts to undertake the audit of Oando. […]