Sani Dangote, Brother Of Africa’s Richest Man, In Legal Trouble As Judge Freezes His Accounts
Sani Dangote, Brother Of Africa’s Richest Man, In Legal Trouble As Judge Freezes His Accounts.
A Federal High Court in Lagos today restrained twenty commercial banks in Nigeria from honoring anychecks written by Sani Dangote, a younger brother of Africa’s richest man, Aliko Dangote. Also affected by the judge’s order are checks written by Mr. Dangote’s companies, Dansa Foods Limited and Bulk Pack Services Limited.The orders were given because Union Bank sued Mr. Dangote and his companies over their alleged failure to repay a debt of about N5 billion despite repeated demands.
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