Nigerian businessman Femi Otedola has accused the chairman of Transnational Corporation of Nigeria (Transcorp), Tony Elumelu, of backstabbing him repeatedly at his most vulnerable moments in business.
Mr Otedola made the revelation in a statement that marks his first public intervention in the recent battle for the soul of Transcorp, obtained exclusively by PREMIUM TIMES.
The billionaire recently divested his newly acquired stake in Transnational Corporation of Nigeria (Transcorp) to Mr Elumelu, pulling the plug on the scramble for the top ownership of the group.
