has accused the chairman of Transnational Corporation of Nigeria , Tony Elumelu, of backstabbing him repeatedly at his most vulnerable moments in business.
In his intervention Tuesday, Mr Otedola opened up on how he went bankrupt in 2008 and was betrayed by Mr Elumelu. “Shortly after, Albert Okumagba informed me that an American firm wanted to acquire my shares in Transcorp, which I then agreed to sell. However, this supposed American firm turned out to be Tony Elumelu. The revelation of this prompted me to resign as Chairman of the hotel.”
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