Nigerian Oil Tycoon, Okoloko Reportedly Burdened By Multi-billion-naira In Debts To Estranged Wife’s Company, Enmeshed In Divorce ScandalThe duo are currently enmeshed in a messy divorce following allegations of extra-marital affairs.
Okoloko is currently the Group Chief Executive Officer and Managing Director of Notore Chemical Industries Plc .The oil mogul is a founding partner of the Ocean & Oil/Oando Group and a former member of the Board of Union Bank of Nigeria Plc.He is also the Chairman of Midwestern Oil & Gas Limited and the Chairman of Eroton Exploration & Production Limited .
Despite a US court ordering the Nigerian billionaire to pay his debt, family members of Salma claimed he filed for a divorce in 2020 and threatened to kick the wife out of their Florida home with their two kids.“The funny part is, instead of filing for a divorce in Florida in the U.S. where they got married and where he confirmed as his place of residence, he went to Badagry, Lagos, paid a judge to assume jurisdiction and take the divorce case,” Salma’s relation alleged.