ON Monday, July 22, lawyers to the Securities and Exchange Commission (SEC) and Oando Plc will have their day in the Federal High Court. While Oando Plc will be proving that its regulator overreached itself, and SEC on the other hand will show that investor protection was at the heart of all it did. Besides, the judge will listen to arguments about due process and the lack of it and determine which of the combatants is in the right, subject to the decision being further challenged. Ahead of the court hearing, there have been varied media fisticuffs on the same issue, especially some that accused the commission of regulatory exuberance and overstepping the limits of its powers. The…
Source: Nigerian Tribune
