Tingo Group, a Nigerian fintech company, and the All Farmers Association of Nigeria (AFAN) has put a lie to allegations made against the firm by Hindenburg Research, a U.S. investment organisation.
Ripples Nigeria had reported earlier that Hindenburg Research alleged that Tingo Group cooked its books, but, Tingo said its accounting records are accurate and correct.
Tingo further stated that the company’s financial results are accurately reported within its financial statements and its SEC filings, adding that the firm remains in compliance with the laws of the territories in which it operates and maintains the highest standards of corporate governance.
