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Femi Otedola has accused Tony Elumelu of taking advantage of his bankruptcy in 2008 and backstabbing him. Otedola claimed that he gave Elumelu $20 million in 2005 to purchase UBA shares. When Otedola decided to sell his shares after the share price went up, Elumelu persuaded him to keep them. …
Read More »Otedola accuses Elumelu of buying his Transcorp shares while he was bankrupt and feels betrayed.
