- Indimis daughters sue for 43.51 million, alleging unjust stake reductions in Oriental Energys 435.1 million dividend.
- Ameena and Zara claim their stakes were cut from 5 to 0.6 each, citing intimidation and consent issues.
- Indimis declining fortune contrasts with Oriental Energys billion-dollar assets, reflecting the stakes in this high-profile family feud.
A brewing family feud has thrust Nigerian multimillionaire oil mogul Mohammed Indimi, founder of Oriental Energy Resources, into the spotlight, marking an unprecedented public conflict within one of Africas most affluent families.
Indimis daughters, Ameena and Zara, have taken legal action against their father and his oil company, alleging they were unjustly denied their rightful share of a 435.1 million dividend declared by Oriental Energy Resources.
The siblings claim they are entitled to 43.51 millionrepresenting their combined 10 percent stake in the companybut accuse their father of reducing their shareholdings without their consent.
Court documents uncover shareholding disputeIn court filings, the sisters allege they unknowingly signed away shares valued at hundreds of millions of dollars.
Their legal team contends that their individual 5 percent stakes in Oriental Energy were reduced to just 0.6 percent each, stripping them of significant equity and resulting dividends.
