Oando Slams False Claims Linking Company to Imaginary Maltese Oil Firm

Oando Plc has refuted claims linking it to Raz Hansir Oil Terminal Ltd., a purported Maltese company accused of importing adulterated petroleum products into Nigeria.

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In a statement to the Nigerian Exchange Ltd., Oando’s Company Secretary, Ms. Ayotola Jagun, clarified that no such company exists, as confirmed by a thorough search of the Malta Business Registry.

Jagun denounced the allegations as false and misleading, aimed at causing confusion and harming the company’s reputation.

She emphasized that Oando adheres to rigorous corporate governance standards and publishes accurate information regarding its operations and investments.