14 Years After Abiola’s Death: Obasanjo seized MKO’s oil concession –Kola Abiola

Date: 02-07-2012 12:42 pm (11 years ago) | Author: Idbabe
- at 2-07-2012 12:42 PM (11 years ago)
(f)
 
The Federal Government owes the late Bashorun Moshood Kashimawo Olawale Abiola, the undisputed winner of the June 12, 1993 presidential election, over $350 million, it has been revealed. In addition, but for the sagacity of Kola Abiola, the late politician's first son, an oil concession belonging to one of the companies owned by the late Bashorun, which was illegally taken over by the administration of former President Olusegun Obasanjo,would have been lost forever.

These disclosures, coming barely 14 years after the business mogul and politician died in detention in the process of reclaiming his June 12 mandate, were made, last week, during an OVATION magazine-organised interview session with Kola. MKO died on July 7, 1998.

The younger Abiola, who turns 50 years yesterday, said the money owed the family business is in excess of $350 million. It is difficult to put a figure to the amount the Federal Government is owing us but I can tell you it would be in excess of $350 million", Abiola said.

Asked if it was possible to get back the money from the Federal Government, he said, "I think, with time, we would address the issue of our money. Some of my friends are in this government but the President is vital in achieving whatever we want! It's one step at a time."


He explained that, a former military head of state, Abdulsalami Abubakar, "demonstrated an uncommon sense of propriety" by asking him "what government could do to assist our family and our business after my father died. I told him that the first thing we would want was for the government to release all our jobs that were embargoed by (General Sani) Abacha.

General Abdulsalami gave us a letter to all the ministries to release our jobs because all the jobs we had going on just before the problem started, Abacha stopped them and embargoed our business".

The reason the late politician's businesses suffered immeasurable loss in the wake of crisis at that time was because "my father loved this country and, therefore, almost all his businesses were 100% indigenous; so it was easy to target him because the businesses were based here".

Kola also disclosed that Obasanjo took over the family's concession but "what we did was to go to court and we ensured that we continued to cause a perpetual adjournment of the case until after Obasanjo's two terms lapsed. We then went to the late President Umaru Musa Yar'Adua to explain to him what had happened and he gave us back our concession".

Readthe fullstory : 14 YEARS AFTER MKO'S DEATH: Abiola's mandate had votes - Kola Abiola

Posted: at 2-07-2012 12:42 PM (11 years ago) | Hero
- dickman2 at 25-07-2012 01:36 PM (11 years ago)
(m)
 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Posted: at 25-07-2012 01:36 PM (11 years ago) | Addicted Hero
Reply
- Solidstonez at 22-08-2012 09:13 AM (11 years ago)
(f)
 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

Posted: at 22-08-2012 09:13 AM (11 years ago) | Addicted Hero
Reply
- Solidstonez at 22-08-2012 09:13 AM (11 years ago)
(f)
 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

Posted: at 22-08-2012 09:13 AM (11 years ago) | Addicted Hero
Reply

fire TRENDING GISTS fire

TODAY'S TOP
  1. Holy Spirit Always Gives Me Lotto Number Whenever We Don't Have Anything To Eat -Efotete Family

  2. Nigeria Man Narrates How His Dad Impregnated His Ex-girlfriend And Took Her Out Of The Country

  3. 70 Passengers Found Vomiting Bug During Flight From Mauritius To Frankfurt

  4. I'm Open To Dating WOMEN - Khloe Kardashian Announces

  5. “Something Foul Is Going On” – Very Dark Man Reveals Update On Nickie Dabarbie’s Whereabouts

  6. Nasboi Opens Up On Why He Thought Sydney Talker Was A Yahoo Boy

  7. "They Know How To Genuinely Love & Have S*x"- Kenyan Woman Makes Bold Statement On Nigerian Men

  8. Ex-Lagos Gov. Babatunde Fashola Proudly Walks Daughter, Yewande, Down The Aisle In Style

  9. Former Nollywood Star, Lola Alao Recounts Shocking Incident Of Assault While Working In Canada

  10. "Govt Officials &Security Personnel Have Turned Banditry Into A Business" -Governor Dikko Radda

  11. Nigerian Lady, Roseline Dies After Allegedly Being Pushed Into Boiling Pot By Friends In Delta

  12. Sacked Eko Disco MD, Tinuade Sanda Dismissed Over Alleged Fabricated Credentials

  13. Yobe Police Arrests Teenager, Mohammed Abdullahi For Kidnapping & Murder Of Neighbor's Son

  14. Arsenal v Bournemouth: English Premier League Match,Team News,Goal Scorers and Stats

  15. Father Of Seven, Abdullahi Imman Arrested Over Sexual Exploitation Of Children In Niger

  16. Manchester City v Wolves: English Premier League Match,Team News,Goal Scorers and Stats


THIS WEEK
  1. Stop Lagos-Calabar Highway Project - Obi Tells Tinubu As Demolition of Landmark Centre Begins

  2. "Stop Inciting Igbos Against Tinubu Govt" – Umahi Slams Peter Obi

  3. FRESH: Nollywood Lovers, IK Ogbonna & Ini Edo Reportedly Engaged

  4. MAY 1st; Peter Obi Celebrates Nigerian Workers, Sends Message

  5. Peter Obi Reacts To The Deaths Of 35 Nigerians In Horrific Kogi, Enugu Road Clashes

  6. “Wizkid Undergoing Mental Illness, No Longer Together With Jada – Isaac Fayose Reveals

  7. Watch As Lions Have S3x On Top Of Safari Truck Full Of People

  8. How A Nigerian Woman Loses Her Marketing Job For Failing to Meet N300m Monthly Target

  9. Lagos Gov Sanwo Olu Appoints Wasiu Ayinde's Daughter, Basirat As SSA To Gov On Tourism

  10. Kenya Gets First Female Air Force Commander, Major General Fatuma Gaiti Ahmed


TOP MEMBERS: