Businessman Speaks On Business Dispute With Late Abiola Family, Denies Fraud Allegations

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The Managing Director/Chief Executive Officer of Duport Midstream Company Limited, Dr Akintoye Akindele, has opened up on a business dispute he has with the

A member of Akindele’s legal team, Pelumi Olajengbesi, of Law Corridor, in a statement, also gave an insight into the matter.

“This matter is just about a Claim for Shortfall in Supply of Condensate issued on the 3rd September 2021 by Duport Midstream Company Limited, Dr. Akindele Akintoye’s Company for the sum of $9,806,309.77 against the Abiola’s family for failure in supply of crude to the company. “While the Abiola family is also making claims and refused to continue supply of crude, Akindele’s refinery sought alternative crude supply to enable the company to carry out its mandate.

 

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