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Capital Market Scandal: Oando’s inquiry by SEC reveals breach of ISA Act 2007 – Investigations

Capital Market Scandal: Oando’s inquiry by SEC reveals breach of ISA Act 2007 – Investigations

As the nation awaits the result of the Administrative Panel of Inquiry(API) set up by the Minister of Finance to look into allegations of financial impropriety levelled against the suspended Director General of the Securities and Exchange Commission(SEC), Mr Mounir Gwarzo and two others, Economic Confidential can confidently report that investigations by the capital market regulatory authority into Oando Plc reveal underhand dealings which are in breach of the Investments and Securities Act, 2007.

SEC’s forensic audit:  Oando shareholders to bear N160m bill

SEC’s forensic audit: Oando shareholders to bear N160m bill

Shareholders of Oando Plc are likely to bear the cost of the forensic audit that Securities and Exchange Commission, SEC, has recommended after its long investigation into a petition filed by Ansbury Inc and AlhajiDahiru Mangal against the company.