SEC Strikes Oando’s Wale Tinubu, Others after Investigations – Barred and asked to Resign

The Securities and Exchange Commission (SEC) has ordered Oando Group CEO Wale Tinubu,  and other senior executives, to resign. They are also barred from being directors of public companies for 5 years. The Securities and Exchange Commission has concluded its investigation of Oando Plc and ordered the Group Chief Executive Officer of the company, Mr. Wale Tinubu, and other affected board members to resign. SEC, in a statement on Friday, also said it barred Tinubu and the Deputy Group Chief Executive Officer of the company, Mr. Omamofe Boyo, from being directors of public companies for a period of five years. … Continue reading SEC Strikes Oando’s Wale Tinubu, Others after Investigations – Barred and asked to Resign