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Friday 25 April 2014

FEMI OTEDOLA EMBROILED IN FRESH CRISIS

     The billionaire oil magnate,Femi Otedola has been enmeshed in a 54 million naira sublet crisis. Information available to OOB revealed that, the case which was instituted in a Lagos High Court has to do with a rented property belonging to the Ibadan-based billionaire,Chief Bode Akindele.
     Otedola allegedly subleased a property belonging to Chief Akindele to Dr Anthony Solomon,Managing Director of Pharmacare Limited,without informing the legitimate owner of the property.Dr Solomon is now asking the court to mandate Chief Otedola to pay for damages in the sum of 50 million naira for breach of contract.

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