Breaking: Oando under investigation over financial statements malpractice

Michael James 14 July 2017, Sweetcrude, Lagos — Oando Nigeria Plc is currently undergoing investigations by the Securities and Exchange Commission, SEC relating to $1.65 billion cash purchase of Conoco-Philips Oil assets in June 2014. SEC is also looking into the possible accounting misconduct by Oando having written to the company’s Board and management following […] More »