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Tingo Group Announces Interim Co-CEO to Temporarily Step Down by Mutual Agreement

MONTVALE, N.J., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), has today announced that Mr. Dozy Mmobuosi has temporarily stepped down as Interim Co-Chief Executive Officer and Member of the Board of Directors in connection with an order sought by the Securities & Exchange Commission (the “SEC”) to prohibit him from acting as an officer or director of a public company. In addition, by mutual agreement w...
United Arab Emirates Hong Kong Ken Denos Hindenburg Research Dubai Multi Commodities Center Tingo Group
Source: yahoo.com

Tingo Group CEO temporarily steps down after US SEC charges

The SEC on Monday filed charges against Mmobuosi and three companies of which he is CEO, alleging they inflated the financial performance of the companies and key subsidiaries to defraud investors. Ken Denos will serve as interim co-CEO of Tingo Group until further notice, the company said on Wednesday. Tingo Group's shares slumped in June after short-seller Hindenburg Research criticized its founder and alleged that the fintech firm had "fabricated" its financials.
Jaiveer Singh Shekhawat Ken Denos Shounak Dasgupta Tingo Group Hindenburg Research Exchange Commission
Source: yahoo.com

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Tingo Group Wins 'Outstanding New Entry' at The SERAS Africa CSR / Sustainability Awards

Nominated for Five Awards in Total, Including Best Company in Food Security and Best Company in Poverty Reduction Other Nominees Included Nestle, Unilever, Dangote Sugar, Anheuser-Busch’s International Breweries, Fidelity Bank, Total Energies and Airtel MONTVALE, N.J., Dec. 18, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable, multi-national fintech, agri-fintech, food processing and commodity trading company, wo...
Hong Kong United Arab Emirates Ken Denos Vodafone Group Dubai Multi Commodities Center Seplat Energy
Source: yahoo.com

All Farmers Association of Nigeria (AFAN) Exclusively Adopts Tingo Mobile's Nwassa Marketplace Platform for its Members

AFAN Launches Nationwide Marketing of the Nwassa Marketplace Platform to all its Members AFAN to Promote Nwassa Platform to its Farmers as their Recommended Method for the Purchase of Farming Inputs; Sale of Agricultural Produce; and Purchase of a Range of Value-added Services Six Million New Tingo Mobile Smartphones to be Leased by AFAN Beginning in December 2023 First Rice Harvest on Land Cultivated Through AFAN and Tingo Mobile Partnership Commenced, Plans to Increase Scope of the Program to
Hong Kong United Arab Emirates Tingo Nwassa Ken Denos Dubai Multi Commodities Center Commodity Exchange
Source: yahoo.com

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