Femi Otedola Accuses Tony Elumelu Of BACKSTABBING & BETRAYAL - Survival Of The Smartest Full Story

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  • Опубліковано 6 сер 2024
  • Tony Elumelu and Femi Otedola are two admirable and incredibly successful billionaire businessmen who have built a solid and enduring friendship over the years.
    During an interview once, Tony Elumelu revealed that he considers Otedola not only a friend but a brother. This close relationship between the two successful businessmen is not unexpected, as they are both wealthy, similar in age, and notorious for their aggressive corporate tactics and hostile takeovers like sharks.
    So, in April 2023, when the two billionaires locked horns in an attempt to become the single largest shareholder in multinational conglomerate Transcorp Group, many assumed that as friends, Elumelu and Otedola would go about it within the tenets of healthy, brotherly competition. But we all know that saying, there is no friendship in business. And just days after Elumelu beat him in the game and forced him to take a bow, Otedola has accused his friend, the Chairman of Transorp, of backstabbing.
    In a statement that Otedola released on May 8 of this year, the Chairman of Geregu Power lamented and recalled how Elumelu had betrayed him many times in the past even though he did business with him from a pure heart as his friend.
    Did Elumelu truly betray his friend in the Transcorp dealings? What are the other times Elumelu backstabbed Otedola? Could this be the reason why the 60-year-old Billionaire once went bankrupt? And is this just another case proving that there is no friendship in business?
    #FemiOtedola #ToniElumelu #transcorp #FemiOtedolaandToniElumelu

КОМЕНТАРІ • 20

  • @Osefranklin
    @Osefranklin 6 місяців тому +2

    Business world 🌎
    This is normal in the business world but to have an ally buy your shares is the heartbreak.

  • @nigelmushonga3772
    @nigelmushonga3772 11 місяців тому +2

    Dude, your editing, sound, visuals everything is amazing bro, keep it up

  • @alexidora3522
    @alexidora3522 Рік тому +3

    They can always make it up within them selves, it's purely business I think he is feeling bad cus the shares was bought by his friend, but the fact remains that we wanted selling the shares who who bought it at this point doesn't matter buy na buy sell na sell.

  • @omodokings3741
    @omodokings3741 Рік тому +5

    I don't trust Elumelu

  • @boulevarda.aladetoyinbo4773
    @boulevarda.aladetoyinbo4773 6 місяців тому

    "...for for for for..." that...

  • @ferdinandwhyte2810
    @ferdinandwhyte2810 Рік тому +5

    People like tony is around us, ome need to be careful though

  • @boulevarda.aladetoyinbo4773
    @boulevarda.aladetoyinbo4773 6 місяців тому

    Leave them to their money power share games...

  • @ikechukwuigwe4084
    @ikechukwuigwe4084 Місяць тому

    Why is otedola always accusing his fellow billionaires of fraud, from Dangote to elumelu and recently it was Jim ovia. Is he the only one in the game

  • @madinatibrahim4149
    @madinatibrahim4149 Рік тому +1

    I love to rich and fight

  • @olatoyebolarinwa9293
    @olatoyebolarinwa9293 Рік тому +1

    I never chop abeg

  • @crownjohnson8153
    @crownjohnson8153 Рік тому +3

    If this is true the Tony was a snitch a bad friend , cuz no good friend will go behind and negotiate to acquire your business when you’re falling .
    I know tribalistic minded folks are everywhere and they ready to take sides

  • @Vlinders2022
    @Vlinders2022 Рік тому +2

    All these business tycoons are tricky… Money Monet money in a rich men’s life…Greedy lifestyle 🫣