Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,154,586 members, 7,823,535 topics. Date: Friday, 10 May 2024 at 11:29 AM

War Looms In Oba Obateru Akinruntan’s Household… As Sons Fights Over Company - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / War Looms In Oba Obateru Akinruntan’s Household… As Sons Fights Over Company (1888 Views)

Oba Otudeko Wins Africa's Best CEO 2016 / Ecobank Wants Court To Declare Oba Otudeko Bankrupt Over Indebtedness / Nigerian Companies Where Ceos Are Sons Of Founders Of The Companies (2) (3) (4)

(1) (Reply) (Go Down)

War Looms In Oba Obateru Akinruntan’s Household… As Sons Fights Over Company by Societyreporter(m): 7:15am On Aug 19, 2014
The Apapa, Lagos office/depot of Obat Petroleum is gradually becoming a war front judging from recent events where the two sons of powerful monarch, Oba Obateru Akinruntan, Femi and Yomi are at each other's throat over the control of the oil company.
The genesis of the crisis was traced to an enormous fraud that rocked the company some months ago.
The extravagant Managing Director of Obat Petroleum, Femi who is the second son of the Chairman was said to have diverted some of the company's fund into a private business, a development that led to the sack and arrest of the company's accountant and some workers who were believed to be loyal to Femi.
Femi who feared the consequence of his action was said to have fled the country and took refuge in America only to return after he was guaranteed that his father had been pacified by some friends and family members who pleaded on his behalf.
A source close to the family revealed that the father who wanted to punish Femi for his misdeed appointed his first son, Abayomi who was initially the company's Director of Operation before he was relieved to head the company in Femi's absence.
It was further gathered that Femi's re-appearance changed the equation as he resumed into office and demanded to be returned to his position as the Managing Director.
The first blood was drawn some weeks ago when a memo was sent and the company's secretary addressed Yomi as the company’s Managing Director.
Read More Here: http://www.societyreportersng.com/index.php/news-and-reports/item/611-war-looms-in-popular-mornach-oba-obateru-akinruntan-s-household-as-sons-fight-dirty-over-company-obat-petrolium-control

Re: War Looms In Oba Obateru Akinruntan’s Household… As Sons Fights Over Company by Daviddgreat: 7:24am On Aug 19, 2014
There is God oooh
Re: War Looms In Oba Obateru Akinruntan’s Household… As Sons Fights Over Company by gbenga4sure(m): 7:57am On Aug 19, 2014
This money you are fighting over,hey Dia riz ...
Re: War Looms In Oba Obateru Akinruntan’s Household… As Sons Fights Over Company by Abatemtem(m): 8:03am On Aug 19, 2014
.
Re: War Looms In Oba Obateru Akinruntan’s Household… As Sons Fights Over Company by RoyalRoy(m): 8:15am On Aug 19, 2014
A prodigal son returns home and he still wants to sit on the throne?

Obviously he isn't a repentant one.

He should be totally removed from that particular company.

He should be kicked into a less fanciful company till his brain is reset.

2 Likes

(1) (Reply)

35 Top Websites To Find Free Photos For Your Private Or Commercial Use / Make Money Online / What Can I Do With 250k

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 8
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.