Christian Rowland writing for ODOGWU MEDIA... Tuesday’s
mass protest in Ibadan, the Oyo State capital, may lead to the arrest
of Wale Tinubu, the Managing Director of Oando Plc, over a N236 billion
liability.
Shareholders of the company from across South-West
States, on Tuesday, had stormed Ibadan, to ask for Tinubu’s sack, over
the company’s N236 billion liability contained in the Auditor’s report
for the year 2016.
The protesters, who were led by the National
President of Renaissance Shareholders Association and the National
Coordinator of Proactive Shareholders Association of Nigeria, Ambassador
Olufemi Timothy, and Mr Taiwo Oderinde, respectively, said the
Auditor’s report for 2016 had shown that Oando was no longer a going
concern.
They
called on President Muhammadu Buhari, the National Assembly Committee
on Stock Exchange, the Security and Exchange Commission, and others, to
look into the crisis rocking the company, in the interest of the poor
Shareholders.
Armed with placards bearing various unprintable
descriptions, the Shareholders alleged that a rented crowd of
non-Shareholders paid in dollars ,were hired to attend the company’s
Annual General Meeting, AGM, held in Uyo, Akwa Ibom State, recently.
Written and edited by Christian Rowland,
To Advertise you can contact
Phone 07068107427
Please What Are Your Comments ?
No comments: