Friday, April 26, 2024

Just in: Police take over Oando head office in Lagos

Officers and men of the Nigeria Police have taken over the head office of Oando PLC in Victoria Island Lagos.

The take-over, of the building, might not be unconnected with the recent suspension of company’s Group Chief Executive Officer, Mr Wale Tinubu by the Securities and Exchange Commission.

Other board members were also suspended.

According to SEC, it has set up an interim management team to oversee the affairs of Oando.

As at this morning, staff of the company stayed off work.

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