News emanating from the household of Oba Obateru Akinruntan has it that his two sons Femi and Yomi are at each other's throat over the control of the oil company.
The genesis of the crisis was traced to an enormous fraud that rocked the company some months ago. The extravagant Managing Director of Obat Petroleum, Femi who is the second son of the Chairman was said to have diverted some of the company's fund into a private business, a development that led to the sack and arrest of the company's accountant and some workers who were believed to be loyal to Femi.
Femi who feared the consequence of his action was said to have fled the country and took refuge in America only to return after he was guaranteed that his father had been pacified by some friends and family members who pleaded on his behalf.
A source close to the family revealed that the father who wanted to punish Femi for his misdeed appointed his first son, Abayomi who was initially the company's Director of Operation before he was relieved to head the company in Femi's absence. It was further gathered that Femi's re-appearance changed the equation as he resumed into office and demanded to be returned to his position as the Managing Director. The first blood was drawn some weeks ago when a memo was sent and the company's secretary addressed Yomi as the company’s Managing Director. Femi was said to have went into a rage and confronted his brother who tried to calm him down.
The development was reported to their father who ordered the Secretary’s suspension. Sources disclosed that Femi's interests always clash with that of Yomi, claims has it that 'Febson' mall in Abuja was taken from Yomi and given to Femi's boys. The feud between the brothers was said to have been kept secret with a warning from their father who promised to resolve the matter.
The brothers were said to have been inseparable not until some friends came between them, they are fingered to be those watering the seed of discord among the brothers.
Yomi who always play the big brother role was said to have doused the tension some weeks ago when he dedicated his facebook page to Femi's birthday with the message 'Happy birthday to a wonderful brother...’.
The crisis is said to have been managed internally with their father plotting how to separate the roles and control of the company among his two sons.
The genesis of the crisis was traced to an enormous fraud that rocked the company some months ago. The extravagant Managing Director of Obat Petroleum, Femi who is the second son of the Chairman was said to have diverted some of the company's fund into a private business, a development that led to the sack and arrest of the company's accountant and some workers who were believed to be loyal to Femi.
Femi who feared the consequence of his action was said to have fled the country and took refuge in America only to return after he was guaranteed that his father had been pacified by some friends and family members who pleaded on his behalf.
A source close to the family revealed that the father who wanted to punish Femi for his misdeed appointed his first son, Abayomi who was initially the company's Director of Operation before he was relieved to head the company in Femi's absence. It was further gathered that Femi's re-appearance changed the equation as he resumed into office and demanded to be returned to his position as the Managing Director. The first blood was drawn some weeks ago when a memo was sent and the company's secretary addressed Yomi as the company’s Managing Director. Femi was said to have went into a rage and confronted his brother who tried to calm him down.
The development was reported to their father who ordered the Secretary’s suspension. Sources disclosed that Femi's interests always clash with that of Yomi, claims has it that 'Febson' mall in Abuja was taken from Yomi and given to Femi's boys. The feud between the brothers was said to have been kept secret with a warning from their father who promised to resolve the matter.
The brothers were said to have been inseparable not until some friends came between them, they are fingered to be those watering the seed of discord among the brothers.
Yomi who always play the big brother role was said to have doused the tension some weeks ago when he dedicated his facebook page to Femi's birthday with the message 'Happy birthday to a wonderful brother...’.
The crisis is said to have been managed internally with their father plotting how to separate the roles and control of the company among his two sons.
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