Oando PLC, a Nigerian energy company, has issued a formal statement addressing recent allegations concerning its ownership of interests in a Maltese oil storage and blending facility known as Ras Hansir Oil Terminal Limited.
The allegations, which surfaced in recent media reports, claim that Oando PLC holds a significant stake in the facility.
The company has unequivocally refuted these claims, stating that they are “unfounded and inaccurate.”
In its statement, Oando PLC clarified that it does not own, nor has it ever owned, any interest in Ras Hansir Oil Terminal Limited.
The company emphasized that it is not involved in any transactions or agreements about the Maltese facility. Oando PLC further stressed that these allegations are part of a broader misinformation campaign and urged the public and stakeholders to disregard the unverified claims.
Oando PLC’s statement highlighted that it remains committed to transparency and integrity in all its business operations. The company reiterated its dedication to adhering to all regulatory requirements and standards within the industry.
The statement which was released via her website and also published in its X account called for a more responsible approach to reporting and fact-checking. As the situation develops, Oando PLC has pledged to provide further updates and clarification to ensure that stakeholders are informed with accurate information.