Oando Secures Fresh Court Order To Review SEC Sanction

 

The Federal High Court in Lagos has granted Oando Plc permission to file a motion for a judicial review of the Securities and Exchange Commission’s decision imposing a fine of N89,675,000 on it.

Justice Ayokunle Faji also granted leave to the company to apply for an order of certiorari for the quashing of SEC’s directive to Oando to convene an extraordinary general meeting on or before…

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