My Indian friend of 30 years wants to take my companies –Octogenarian

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Chief Isaac Oluwole Ogini, a retired federal civil servant, whose companies are on the verge of being taken over by his Indian friend, Mr J. B. Gupta, whom he entrusted them to, shares his tale of ...

Chief Isaac Oluwole Ogini, a retired federal civil servant, whose companies are on the verge of being taken over by his Indian friend, Mr J. B. Gupta, whom he entrusted them to, shares his tale of woes with SIMON UTEBOR

I gave him the company to trade with. He said he was interested in doing cocoa business. I was about to go the United States in September 1986 for a course, so, I delegated my wife to take him down to our hometown in Ilesha, Osun State, and showed him one of the areas cocoa was being grown – people buy a lot of cocoa there and that has been my father’s business as far back as the 1930s. Though my father is dead, he had a cocoa store there.

Do you think he was able to get away with all this because of the memorandum and articles of association reached between the two of you? Suddenly, one day, he gathered himself and his children and did a board meeting and removed my name as a signatory to the account.They are also directors. They joined the company in 2014. One came in 2014 and another came in 2015.Yes, it was with my knowledge. For me, I saw it as normal. It didn’t bother me.The company assisted me to pay the loan for the factory in Ilesha which I owed Union Bank. They paid it and I repaid Bolawole later and I have the evidence.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No telling of what foreigners do and get away with in Nigeria and in Yorubaland especially. When you leave the control of your land in the hand of foreigners, that's what you get. Quite sad.

God will lead you through and favour your prayers and efforts. Amen.

There is no surprise here and it doesn’t have to be an Indian. It could be any bloke from the village. This just get to show that human beings from the days of Adam & Eve can’t be trusted to always do the right things

I pray you get the help you need

Why will you have an Indian friend before 😒

South Africa South Africa Latest News, South Africa South Africa Headlines