● How Zenith Defrauded Femi Otedola
● FITCH, UK Financial Authority, Demand Explanations.
Wherever he is, Professor Anezi Okoro, one of Nigeria finest fiction writers and author of the seminal coming-of-age book, One Week, One Trouble, must be wondering at the uncanny similarities between his protagonist, Wilson Tagbo, and Zenith bank Chairman, Jim Ovia.
Interestingly, however, the United Kingdom Financial Services Authority, and Fitch Rating Agency, have both written to Zenith Bank, demanding explanations over the fraudulent activities of the bank carried out against Femi Otedola’s Seaforce Shipping.
Initially, their battle took place behind closed doors, obscured from the public eye. But Otedola’s decision to challenge Zenith Bank’s alleged brazen theft of his financial assets unveiled the shadowy underbelly of Nigeria’s financial realm. …CONTINUE READING