Not the very best of times for some of the rich and powerful as we speak, as they grapple with sundry issues which normally would have drowned mere mortals like everyday people.
But like the saying goes, a big head needs a big hat or scarf, so they are surely prepared for the down time and heavy loads they carry and so can easily bounce back from any weight that might be sinking them, atleast the boss of Forte Oil, Mr. Femi Otedola has shown them that when there’s life there’s surely hope! Thanks
The Kwaran juggernaut by name HAJIA Bola Muinat Shagaya is currently facing the EFCC’s investigation as we speak and would need all her dexterity and manuevirings and connection to get out of the grasp of the anti-graft agency of the government known as the EFCC, who have placed 3 of Madam’s accounts on a lock down. In these accounts are about ₦8.6 billion Naira.
HAJIA Bola Muinat Shagaya who is reputed to be one of the richest ladies in Nigeria and a director at Unity Bank and supposedly one of the bank’s biggest shareholders has since taken the same bank to court for allowing the EFCC to shutdown her account without a valid court order.
Not only were those accounts seized, investigation is also said to be on going as per Hajia’s relationships with about 10 firms and accounts. The accounts also frozen for the now are First Deep Water Discovery Limited, Bola Shagaya, FAPLiNs Nigeria Limited, Lingo Nigeria Limited, Buri Barclays BDC, Links Global Synergy Limited, OKIOIL Nigeria Limited, Jemaruz Nigeria Limited, PJ Oil and Gas Limited and AFDIN Ventures Ltd.
The anti graft organisation has sent an order to the bank has it to place a “Post No Debit” (PND) on the accounts, and that order had jeopardised a transaction and agreement with a private jet leasing company.
Since the ban placed on the accounts, madam could not defray an accumulated cost of ₦514, 800, 000 being the cost owed the Jet company for the lease of a Bombardier jet. Since the payment agreement couldn’t be met by Hajia Shagaya and which led to the termination of the agreement, she has had to forfeit a whooping $1 million USD.
So HAJIA has accused the Bank of complicity in her travails, claiming the bank’s alleged failure to do the requisite due diligence when the order from the EFCC came.