Investors left in dark, as Judge’s absence stalls Oando’s acquisition petition

Hearing of the petition filed by Oando’s minority shareholders led by Venus Construction Company Limited has been delayed following the judge’s absence.

The petition was brought forward before the Federal High Court on January 26, 2023; however, the presiding judge didn’t sit, forcing the matter to be adjourned to March 30, 2023.

This was revealed in a corporate document obtained by Ripples Nigeria on Saturday, dated February 17, 2023, and sent to shareholders and investing public.

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