WEDNESDAY 5TH JUNE 2019

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Oando: Concerns Mount over Non-release of Forensic Report SEC executives meet today over court order, plan next move

Goddy Egene As the executive management of the Securities and Exchange Commission (SEC) meets today to decide the way forward

on Oando Plc after a Federal High Court sitting in Lagos suspended the sanctions the capital market regulators imposed on the company for alleged infractions,

stakeholders have raised concerns over the failure of the commission to release the forensic report upon which it based its decisions. Stakeholders, who spoke

to THISDAY on condition of anonymity yesterday, said it was strange that the forensic report, which the SEC used to make such far-reaching decisions has remained under

wraps, wondering why the regulatory body would not make it public. “It is difficult to understand why a regulatory body would keep such a report secret

even when it went public with serious indictment of an entire board of a publicly quoted company,” a source Continued on page 8

Report Lists Ways to Halt Medical Tourism, Brain Drain…

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Wednesday 5 June, 2019 Vol 24. No 8822. Price: N250

www.thisdaylive.com TR

TODAY'S WEATHER

ABUJA 25°C-33°C

MAIDUGURI 31°C-31°C

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& RE A S O

ENUGU 25°C-28°C

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KANO 27°C-33°C

LAGOS 24C-27°C

PORT HARCOURT 20°C-30°C

Buhari to Intervene as APC, Oyegun’s Bickering Worsens Party attacks former chairman, exonerates Oshiomhole Don’t drag us into your crisis, says PDP Chuks Okocha and Adedayo Akinwale in Abuja President Muhammadu Buhari is unhappy about the ongoing public spat between the ruling All Progressives Congress (APC) and its former National Chairman, Chief John Odigie-

Oyegun, over the performance and leadership style of the incumbent National Chairman, Mr. Adams Oshiomhole, and is making moves to draw the combatants to the table, THISDAY learnt last night. Continued on page 6

Nigeria, Jersey, US to Share $268m Abacha Loot Yemi Ajayi with agency report

Nigeria, the United States and the Island of Jersey are to share about $268 million, which was plundered from the treasury by former military Head of State, Gen. Sani Abacha. Reports yesterday by the BBC and JERSEY EVENING POST said the cash was seized

from a Jersey bank account. It is, however, different from previous seizures from the late head of state. According to reports, about $268 million was paid into the Island’s Civil Asset Recovery Fund from assets channelled to Jersey from Nigeria after being laundered through the

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GURUS… Court Summons Gbajabiamila SHIPPING L-R: Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside; CEO, United (UN) Global Compact, Ms. Lise Kingo and an official of Dey Norse Veritas - Germanische Lloyd’s Group, Mr. Bjorn for Alleged Perjury… Page 6 Nations Haugland, during the Nor Shipping Conference and Exhibition in Oslo, Norway… yesterday


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