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.
Name: Wale Tinubu
Company: Oando Plc
Announcement Date: May 30, 2019, 10:00pm
Resignation Date: May 30, 2019, 10:00pm