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Herbert Wigwe Crash: Another family to get $75m compensation - Business - Nairaland

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Herbert Wigwe Crash: Another family to get $75m compensation by sketching: 6:15am On Feb 12
Wigwe: US court asked chopper manufacturer to pay $75m to family of victim of another crash

An American court asked Airbus Helicopter SAS, the manufacturer of the helicopter in which top Nigerian banker Herbert Wigwe was travelling before a fatal crash, to pay the family of a victim of another crash $75 million.

Wigwe was the group CEO of Access Bank, Nigeria’s largest bank by assets.

His wife, son and Abimbola Ogunbanjo, a former chair of Nigerian Exchange Group, were also on board when the copter crashed in Nipton, a community in San Bernardino County in California, United States.

They were travelling in a Eurocopter EC 130 chopper.

“It has been confirmed all six people on board the aircraft are deceased,” San Bernardino Sheriff’s office said in a statement. “The identities of the deceased will be released once positive identification has been made and next of kin notifications have been made.”

Manufactured by Airbus Helicopters SAS (formerly Eurocopter), the single-engine aircraft and its variations have a long history of accidents.

On December 1, a Eurocopter EC 130B4, belonging to the Mexican Federal Electricity Commission, struck power cables during take-off and crashed, killing three people on board.

A February 2018 crash involving another Eurocopter EC 130B4 killed five people, all of them Britons, in the Grand Canyon.

Two brothers, Stuart and Jason Hill, 30 and 32, were among the dead. Stuart Hill’s girlfriend Becky Dobson was also killed in the crash. The three were pronounced dead at the scene.

Husband and wife Jonathan and Ellie Udall were also victims of the deadly crash. They both died of complications from burns days later.

The pilot Scott Booth and Jason Hill’s girlfriend Jennifer Dorricott survived. But both sustained life-altering injuries.

The aircraft burst into flames after crashing. The pilot told American investigators that the helicopter encountered a “violent gust of wind” and started spinning.

NTSB said that tailwinds and turbulence were likely the reasons it lost control.

A lawsuit that arose from that accident ended in a $100 million landmark judgment in January.

Jonathan Udall’s parents sued Papillon Airways Inc., the company that owned the aircraft and the manufacturer Airbus Helicopters SAS.

A Nevada court ruled that Papillon Airways would pay $24.6 million to Udall’s parents and Airbus Helicopter to pay $75 million.

The lawsuit argued that the helicopter was not safe for flight because it did not have a crash-resistant fuel system, which made it burst into flames after crashing.

“The Udall family wants to shine a spotlight on this issue so the industry will take note and voluntarily seek to correct this public health issue. a lawyer for the Udalls told the Associated Press.

“They don’t want anyone else to go through what their son went through in an otherwise survivable accident — not a broken bone. He would have walked away.”

SOURCE: The GUARDIAN

The original post was about the appointment of an acting CEO, but someone has already made a thread for that, so I changed it and post the original publication below.
⬇️⬇️⬇️

5 Likes

Re: Herbert Wigwe Crash: Another family to get $75m compensation by sketching: 6:16am On Feb 12
Access Bank mourns Herbert Wigwe, to announce acting Group CEO latest by Today


https://www.youtube.com/watch?v=z4jTo9x7mG8




Access Bank Prepares to Name Acting Group CEO after Tragic Loss of Dr. Herbert Wigwe

Access Bank, Nigeria’s foremost financial institution, is in the process of selecting an Acting Group CEO following the tragic demise of its Group Chief Executive Officer, Dr. Herbert Wigwe.

Dr. Wigwe, along with his wife and son, lost their lives in a helicopter accident near the California-Nevada border on February 9, 2024.

The bank’s board of directors, deeply affected by the loss, is swiftly moving to ensure continuity in leadership during this challenging period.

The appointment of an Acting Group CEO is imminent, reflecting Access Bank’s commitment to maintaining stability and operational excellence despite the sudden loss of its visionary leader.


Dr. Herbert Wigwe, renowned for his transformative leadership and unwavering dedication to Access Bank’s growth, leaves behind a profound legacy that has shaped the financial landscape of Nigeria and beyond.

His passing is mourned not only by the Access Bank family but also by the broader business community.

As the bank mourns the loss of Dr. Wigwe and his family, it remains steadfast in its commitment to honoring his memory by upholding the values and principles he instilled in the organization.

The forthcoming appointment of an Acting Group CEO marks a pivotal moment in Access Bank’s history as it navigates through this period of transition while upholding its mission of delivering exceptional banking services to its customers and stakeholders.

SOURCE: InvestorsKing
Re: Herbert Wigwe Crash: Another family to get $75m compensation by FarmPlanetNG: 6:20am On Feb 12
Could the bank not wait for atleast a week ?

1 Like

Re: Herbert Wigwe Crash: Another family to get $75m compensation by sketching: 6:38am On Feb 12
FarmPlanetNG:
Could the bank not wait for atleast a week ?

Na acting CEO, not replacement.
bank MUST open in 2 hours time and someone need to oversee operations. Life goes on.

156 Likes 12 Shares

Re: Herbert Wigwe Crash: Another family to get $75m compensation by Natbrowny: 7:05am On Feb 12
FarmPlanetNG:
Could the bank not wait for atleast a week ?

Noone cares about ur position at work

When u die, replacement comes in 2 hours after death announcement.

Na only ur family go miss u.
No kill ursef 4 work.

331 Likes 35 Shares

Re: Herbert Wigwe Crash: Another family to get $75m compensation by Nbote(m): 7:10am On Feb 12
What kind of clueless and useless reporting is this. How is the family of another crash winning a payday now also the Wigwe's win

21 Likes 1 Share

Re: Herbert Wigwe Crash: Another family to get $75m compensation by sketching: 7:22am On Feb 12
Nbote:
What kind of clueless and useless reporting is this. How is the family of another crash winning a payday now also the Wigwe's win

The truth is, my headline caused the confusion. Sorry.

7 Likes

Re: Herbert Wigwe Crash: Another family to get $75m compensation by sketching: 7:25am On Feb 12
Natbrowny:


Noone cares about ur position at work

When u die, replacement comes in 2 hours after death announcement.

Na only ur family go miss u.
No kill ursef 4 work.

Someone is doing his job right now (out of necessity) without the official appointment because the system must keep moving.

14 Likes

Re: Herbert Wigwe Crash: Another family to get $75m compensation by folake4u(f): 8:07am On Feb 12
Natbrowny:


Noone cares about ur position at work

When u die, replacement comes in 2 hours after death announcement.

Na only ur family go miss u.
No kill ursef 4 work.


@ bolded THISSSSSSSSSSS!

7 Likes

Re: Herbert Wigwe Crash: Another family to get $75m compensation by Kloenboi: 8:51am On Feb 12
It seems the helicopters in Nigeria are more durable.

7 Likes

Re: Herbert Wigwe Crash: Another family to get $75m compensation by aariwa(m): 9:35am On Feb 12
That’s how white people do things …pragmatic actions … while Africans will continue over shedding their crocodile tears over person wey don die

1 Like

Re: Herbert Wigwe Crash: Another family to get $75m compensation by arabbunkum: 9:36am On Feb 12
They need their loved ones more than the money.
Re: Herbert Wigwe Crash: Another family to get $75m compensation by fasho01(m): 9:36am On Feb 12
With the numerous crashes this helicopter make has been getting, it's sad to know he is also a victim of it. Prior research would have prevented their death then

2 Likes

Re: Herbert Wigwe Crash: Another family to get $75m compensation by Judolisco(m): 9:36am On Feb 12
For America bicycle manufacturers have started identifying as aerocraft manufacturers.... Car drivers Don dey identify as pilots.... Since full grown male adult Don dey identify as woman,i know say America go soon start dey get issues....

Wetin I dey talk sef...

3 Likes 2 Shares

Re: Herbert Wigwe Crash: Another family to get $75m compensation by sukkot: 9:36am On Feb 12
Hmm
Re: Herbert Wigwe Crash: Another family to get $75m compensation by CharlesJok3r: 9:36am On Feb 12
Wow 😲
Re: Herbert Wigwe Crash: Another family to get $75m compensation by Kharol1234: 9:37am On Feb 12
Next na meet Herbert wigwe, 4 children and wife and business Associate.


Rip to him


But make we rest abeg no be only him die that day.

1 Like

Re: Herbert Wigwe Crash: Another family to get $75m compensation by stunnert(m): 9:37am On Feb 12
E don cast
Re: Herbert Wigwe Crash: Another family to get $75m compensation by AntiChristian: 9:38am On Feb 12
Person wey don die don die!

Over to the life of the grave and Afterlife!

All the wealth or fines will be enjoyed by the fam.

4 Likes

Re: Herbert Wigwe Crash: Another family to get $75m compensation by Lexusgs430: 9:38am On Feb 12
Let's hope they don't declare bankruptcy........
Re: Herbert Wigwe Crash: Another family to get $75m compensation by sofeo(m): 9:38am On Feb 12
Nice .
Re: Herbert Wigwe Crash: Another family to get $75m compensation by Wealthoptulent(m): 9:38am On Feb 12
[quote author=sketching post=128412998]Wigwe: US court asked chopper manufacturer to pay $75m to family of victim of another crash



SOURCE: The GUARDIAN

by His parents too? dey play. if u as a Bloggerr no see news drop, change dey giv us Caricature post.. i missed Guardian & Tribune news paper grin grin grin
Re: Herbert Wigwe Crash: Another family to get $75m compensation by baby124: 9:38am On Feb 12
aariwa:
That’s how white people do things …pragmatic actions … while Africans will continue over shedding their crocodile tears over person wey don die
You are insane.

3 Likes

Re: Herbert Wigwe Crash: Another family to get $75m compensation by spy24(m): 9:39am On Feb 12
FarmPlanetNG:
Could the bank not wait for atleast a week ?

Wait ke ?
In the business world there are no sentiments

7 Likes 1 Share

Re: Herbert Wigwe Crash: Another family to get $75m compensation by DropsMic(m): 9:39am On Feb 12
FarmPlanetNG:
Could the bank not wait for atleast a week ?

This one think say Access Holdings na Mama Nkechi store

16 Likes

Re: Herbert Wigwe Crash: Another family to get $75m compensation by FreeStuffsNG: 9:39am On Feb 12
It doesn't mean they will pay. They can litigate to the US Supreme Court and still declare that they are bankrupt at the end just to avoid paying.
Even by US standard, $75m is a whole lot of money so most of them will claim that they can't afford it.

The best thing is to raise the safety standards and stop those flights in the night during bad weather. That will save lives that no amount of money can buy or bring back to life when it has been wasted by the reckless US system where aviation regulations is almost as lax as gun control.

Here in Nigeria, once weather is bad and it's night time, in order to save lives, very very rarely will flights be cleared. Perhaps only military flights will be cleared but most civilian flights within the country will not be cleared for safety reasons.

God bless Nigeria for ever!Check my signature for free stuffs!

10 Likes 2 Shares

Re: Herbert Wigwe Crash: Another family to get $75m compensation by tishbite43: 9:41am On Feb 12
Life goes on
E don happen
This one wey politicians dey cry pass bankers
Ayam not understanding?!😔🥺☹️

1 Like

Re: Herbert Wigwe Crash: Another family to get $75m compensation by GanagiBitrus: 9:43am On Feb 12
Thank you Baba God. 🙏
Same Chopper some of us have flown countless times without incident. 🤔

1 Like

Re: Herbert Wigwe Crash: Another family to get $75m compensation by Seunpapa65: 9:43am On Feb 12
If you like grab mandate be the most powerful or anything we all gonna die someday 💯💔
Re: Herbert Wigwe Crash: Another family to get $75m compensation by tefund(m): 9:44am On Feb 12
Medicine after death.
Re: Herbert Wigwe Crash: Another family to get $75m compensation by Klington: 9:44am On Feb 12
cool

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