SEC moves to quash court order restraining it from sacking Oando board, management
It will be recalled last Monday that Oando approached the court to restrain SEC and its agents, employees, and privies from taking any step concerning or acting on its decision contained in its letter of May 31 pending the determination of the motion for interlocutory injunction.A Federal High Court in Ikoyi, Lagos, granted their prayers and restrained SEC from taking any step concerning or acting on its decision contained in its letter of May 31, 2019 imposing a fine of N91,125,000.00 on Mr.
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