Regulatory Alerts2017-12-05
Forensic Exercise on Oando Plc
The Securities and Exchange Commission has reiterated its decision to conduct a forensic exercise into Oando Plc's activities, as outlined in a December 5, 2017 letter. This directive reinforces the regulator's zero-tolerance stance regarding infractions within the Nigerian capital market. The ongoing investigation will formally evaluate corporate operations to ensure strict adherence to securities regulations.
The Securities and Exchange Commission has reiterated its decision to conduct a Forensic Exercise into the activities of Oando Plc. This commitment is contained in a letter dated December 5, 2017 addressed to Oando Plc. The Commission wishes to assure the general public of its zero tolerance to infractions in the Nigerian Capital Market. Signed Management Securities & Exchange Commission