The leadership of Stakeholders in the Blockchain Technology Association of Nigeria (SiBAN) is locked in a tussle with current president Obinna Iwunno. SiBAN, an advocacy association recently appointed to implement Nigerias first blockchain policy, expelled Iwunno after a dispute over company registration.
They also expelled Emeka Ezike, Rabiu Jibia, Dania Narudeen, and Mela Claude Ake, all association executives.
On Wednesday, SiBANs board of trustees claimed Iwunno and the expelled executives named themselves The Registered Trustees of SiBAN in a recent company filing.
The board of trustees described the registration as fraudulent because Iwunno and the executives he listed as trustees were suspended in May following allegations of financial mismanagement.
In a petition seen by TechCabal, Ophie Rume, SiBANs former executive secretary, alleged Iwunno tried to withdraw SiBAN from the Blockchain Industry Coordinating Committee of Nigeria (BiCCON).
