Road for Tortola, British Virgin Islands, no dey easy for one man wey don try hide him assets sharp-sharp. Orjiako, wey be former chairman and co-founder of Seplat, don meet fire for court level as judge Abbas Mithani don rule say e dey play game with wetin belong to Access Bank. Dis $220.3 million matter don dey drag since 2013, and e be like say Orjiako no wan pay wetin e owe.
Na so Judge Mithani talk say Orjiako use offshore share transfers to carry him property waka come dey hide am from the eyes of Access Bank. E talk say, “The chronology of events shows deliberate and calculated plan to stash shares…” (Chai, this na serious matter oh!).
Access Bank don carry go court since 2024 after dem win earlier case for England wey confirm say Orjiako no fit pay wetin e owe. Court don rule say Orjiako start this small game since 2013 after Wetin dem call a syndicated loan from Afrexim Bank, Diamond Bank, and Skye Bank.
As for Shebah Exploration, wey dey under receivership now, na Orjiako still dey control am despite all di wahala dem dey face. E carry personal guarantee join di loan wey expose am plenty wahala later on. If you dey observe this matter, you fit just wonder if this na film we dey watch or reality show!
According to di judge’s talk, Orjiako don find way dey transfer shares to him wife, Igra Chioma Henrietta, so that di banks no go fit touch am anymore. Na wetin dem dey call ‘shell companies’ now dey pop up for all dis drama. E no easy to follow this man as he dey twist and turn di matter like say e dey dance Azonto.
“By 2014, na when Orjiako don see say di ting don dey hot, he fit know say di only way to save him skin na to use him wife’s name as shield,” judge talk. Access Bank dey waka with their claim say dem conclude Orjiako na di real owner of di shares wey dey planted like yam for ground, no be di wife (Just like that! Ah, women wahala!).
Dis whole drama don reach point wey di judge don clear say those stories wey Orjiako dey tell no dey hold water. E dey look for any possible way to hide him assets when di creditors dey come after am. Omo, see as di judge dey shine eye for dis matter, sabi man!
At di end of di day, judge don agree say Access Bank fit claim di shares and make sure say Orjiako no go come dey hide behind anybody again. For some people, dis na wake-up call. For some, dem say, “Na so life be, no dey put hand for wetin no concern you.” (Shuu!).
If Orjiako no fit face di music now, wetin make dem think say he go fit escape forever? Just like Don Jazzy talk say resilience na di key, dem don catch these men as dem think say dem clever pass everybody. Na so we go dey watch how this game go end.
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