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Police Vacate Oando Head Office

Posted by George on Mon 10th Jun, 2019 - tori.ng

The court injunction followed an application filed by Wale Tinubu, Managing Director and his deputy, Mr Omamofe Boyo.

 
File Photo
 
Operatives of Nigeria Police Force that barricaded Oando Plc’s head office in Lagos have finally vacated the office.
 
This development is coming four days after a Federal High Court order in Lagos on June 3, granted an interim injunction, restraining Securities and Exchange Commission, SEC, from executing the interim management in Oando.
 
The court injunction followed an application filed by Wale Tinubu, Managing Director and his deputy, Mr Omamofe Boyo. Confirming the latest development to Vanguard.
 
Head of Corporate Affairs of Oando Plc, Alero Balogun, said: “All the policemen have left our head office. On Friday, they all left and work is going on smoothly.
 
"The Managing Director and Deputy Managing Director and other staff are all in their offices. So, work is moving as usual. 
 
"The case is in the court and the hearing will commence from June 14, 2019.” 
 
She wondered why SEC has not released the forensic audit report, saying: “We want SEC to make public, the forensic audit report and give the board fair-hearing.’’


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