OANDO Crisis: Police takeover OANDO head office, staff return home

Staff members of Oando Plc have been forced to stay away from work as policemen stormed the head office of the company on Monday morning. The Securities and Exchange Commission announced on Sunday night that it had set up an interim management team to oversee the affairs of Oando following the order that the company’s Group Chief Executive Officer, Mr. Wale Tinubu, and other affected board member should resign. Our correspondent who visited Oando’s Wing Office Complex located on Ozumba Mbadiwe Avenue, Victoria Island, observed policemen numbering over 10 at…

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