The Heir, the Heiresses and the Oil Money: Act II of the Indimi Family Saga

Just when Nigerians thought the Indimi drama had reached its final act—with daughters Ameena and Zara accusing their billionaire father of ousting them from their oil fortune—along comes Act II, featuring none other than the heir himself, Mustafa Indimi.

In a move worthy of Nollywood, Mustafa, Managing Director of Oriental Energy, has now entered the courtroom fray with an affidavit against his sisters. He’s backing his father and the company, stating unequivocally that there was no $420 million dividend owed to the sisters, and that the $10 million they received was full compensation for their shares.

This twist leaves the public asking: Why would a brother testify against his sisters? Is this loyalty, strategy, or a bid to preserve corporate continuity? Mustafa’s alignment suggests a deeper family split that is not just all about money but also about control, legacy, and truth.

Readers may wonder: Weren’t these shares “signed away” under pressure? The sisters claim they were misled. The father says otherwise. Now, Mustafa says the sale was voluntary and backed by proper documentation. The emails, he insists, came straight from Dad.

Also raising brows is the double-tracked litigation. With two nearly identical lawsuits running concurrently before different judges, questions emerge about judicial consistency, legal ethics, and, let’s be honest, the efficiency of the system.

Then there’s the oil. While the legal drama plays out, Oriental Energy is moving full steam ahead, deploying a new FPSO set to boost production at Okwok Field. Business, as always, remains unfazed by bloodline brawls.

So, what does this all mean? That family dynasties, especially those swimming in oil money, are rarely immune to rupture. That generational wealth, if not carefully structured, becomes a ticking time bomb. And that sometimes, the biggest boardroom battles begin at the breakfast table.

The saga isn’t over. But Nigerians are watching, and so is history.

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