A Federal High Court has ordered oil firm Oriental Energy to pay $43.51 million to twin sisters Ameena and Zara Indimi.
The sisters said their shares were cut without agreement, leaving them unpaid during a major dividend round.
The dispute began when the twins said they were shut out of a huge dividend pool reportedly worth around $435 million. They argued they jointly held 10% of the company, giving them a right to part of the payout.
Court filings show they believed those changes blocked them from receiving millions linked to the firm’s earnings from its offshore operations.
- Business Insider Africa
When money is involved
ReplyDeleteThis story is interesting. Na family affair
ReplyDeleteBut why were the cut out if they were legitimate owners? This is so unethical, glad they won in court although this may have put a strain of family relations.
ReplyDeleteMoney matters, hmmm
ReplyDeleteRich family matters. The money is huge and thank God they won.
ReplyDeleteI just hope the court judgement will be respected and their money pay in full.
So who's he keeping the money for
ReplyDeleteFamily matter
ReplyDeleteProb used them as a tax dodge but they wanted for real for real.
ReplyDeleteWelldone girls. Get whats your
Na them them,ba ruwa na.
ReplyDelete