Not a verbosed man at any level, dark-complexioned and bespectacled Jubril Adewale Tinubu is mostly about his businesses.
This was his way until 2019 when the Seccurities and Exchange Commission (SEC), sought to remove him as the Group Chief Executive Officer Oando Plc.
The move by SEC followed an allegation by Dahiru Mangal, a shareholder who accused the company of declaring false profit and indulging in insider trading.
Tinubu’s struggles to retain his place in Oando Plc saw him going all out, as he tried to defend his business interest following two petitions to SEC.
At the height of his trubles, Tinubu was barred from being the director of any public company for five years, having found his company culpable of serious infractions such as false disclosures, market abuses, misstatements in financial statements, internal control failures, and corporate governance lapses emanating from poor board oversight, irregular approval of directors’ renumeration, unjustified disbursements to directors and the general management of the company.
Indeed, all of these developments happened in the past, but with Tinubu quiting the oil downstream in 2015, appears the thinning of his presence both on the business and social fronts leading to many asking Whither Jubril Adewale Tinubu?
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