Deloitte Press Statement on Oando Forensic Audit

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Our attention has been drawn to a press statement issued by OANDO Plc on Tuesday, 18 June 2019.

We believe that the press statement contains material factual inaccuracies relating to our conduct of the forensic audit as commissioned by the Securities and Exchange Commission (SEC).

As Deloitte, we maintain the highest standards of professionalism and client confidentiality. We do not intend to respond in detail to all aspects of the press release as it relates to us and reserve the right to do so at a later stage should it become necessary. However, we are of the view that it is prudent in this instance to set the records straight.