How the UBA boss backstabbed me in Power, Bank deals, Otedola opens up in new twist to Transcorp tussle Billionaire businessman, Femi Otedola, has disclosed how the Chairman of the United Bank for Africa (UBA), Tony Elumelu, allegedly backstabbed him in power and bank deals. Platforms Africa reports that Otedola, in a statement issued on Tuesday, May 9, said he gave Elumelu $20 million (N2 billion) for the acquisition of UBA in 2005 but the latter took over his shares in the bank when he went bankrupt in 2008.…
Read MoreElumelu Is A Betrayer Otedola Declares As Billionaires’ War Degenerates
