LAGOS (Sundiata Post) – Oando Plc has extended the release of its full Year End (FYE) 2015 results, Sundiata Post has learnt. According to the company, additional enquiries and further engagement with its auditor, Ernst & Young as regards g post submission of its numbers to them resulted in delays to the finalisation of the accounts which in turn has resulted in a delay in submitting the Accounts to the Financial Reporting Council of Nigeria for regulatory review.
“The Company was unable to meet with the earlier communicated timeline for the submission of its Accounts of 31 May, 2016. We (Oando Plc) will work actively with EY and seek an accelerated approval process when the Accounts are submitted to the FRCN in order to ensure we conclude and file our Audited FYE 2015 Results on or before 30 June, 2016,” the company said in a statement available to Sundiata Post.
