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Oando says petitions submitted to SEC against it have no merit

By:  
Contributing Editor Online
 
OIL & GAS
JSE- and Nigerian Stock Exchange-listed Oando on Monday said two petitions submitted to the US Securities and Exchange Commission (SEC), alleging gross abuse of corporate governance and financial mismanagement by Oando, have no merit. The petitions were filed against the company by investment company and shareholder Ansbury and Alhaji Dahiru Mangal, an individual who has shares in Oando.
 
 
 
 
 

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