NIGERIAN OIL MAGNATE MUHAMMADU INDIMI ORDERED TO PAY DAUGHTERS $43.51 MILLION IN DIVIDEND FEUD

NIGERIAN OIL MAGNATE MUHAMMADU INDIMI ORDERED TO PAY DAUGHTERS $43.51 MILLION IN DIVIDEND FEUD

A Nigerian court has ordered oil firm Oriental Energy to pay $43.51 million to twin sisters Ameena and Zara Indimi.

They said their shares were cut without agreement, leaving them unpaid during a major dividend round.

The ruling marks a major shift in a bitter family fight involving wealth, control and company rights.

The case has drawn wide attention in Nigeria because of the money involved and the family’s public profile.