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Ibrahim Babangida owns UBA, Tony Elumelu only fronting for him – Kemi Olunloyo

Investigative journalist, Dr Kemi Olunloyo, has alleged that, the real owner of United Bank of Africa (UBA) is former Head of State, General Ibrahim Babangida

According to her, Tony Elumelu is only fronting for him as the head of banking operations.

He also said, Elumelu moved on to start a foundation of his own spreading the oil money to young enterpreneurs.

Parts of her tweets read;

“Rtd General Ibrahim Babangida owns United Bank of Africa @UBAGroup. For years he had Tony Elumelu fronting for him as the head of banking operations. Elumelu moved on to start a foundation of his own spreading the oil money to young enterpreneurs.

Things you didn’t know cos your parents never told you. This is why most of your u need to explore the @TonyElumeluFDN and the good things they offer and programs. Ignorance is the worst disease.

What do you think?

Written by IJAM.ng

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