Herbert Wigwe, Access Holdings secretary, Ekwochi, buy company’s N852.17m shares

The Group Managing Director and Chief Executive Officer of Access Holdings, Herbert Wigwe, continued to splash the cash on shares in a bid to retain control of the company.

Access Holdings share acquisition document obtained by Ripples Nigeria on Saturday revealed that Wigwe and Access Holdings Company Secretary, Sunday Ekwochi, bought combined shares worth N852.17 million from the company.

Wigwe, according to the document, bought 75 million shares to increase his controlling interests in Access Holdings, the parent company of Access Bank.