OMS: How Okunbo floored Ayeni



For Edo State-born politician, philanthropist and business mogul, Captain Hosa Okunbo, it was a sigh of relief when he was cleared of the alleged theft and criminal diversion of company funds levelled against him by a former Chairman of the defunct Skye Bank, Dr Tunde Ayeni.

Okunbo was Ayeni’s erstwhile business partner.

The bone of contention was whether Okunbo lawfully acquired Ayeni’s interest in Ocean Marine Solutions Limited, OMS, an issue that generated so much heat.

The Nigeria Police, however, laid the matter to rest as it exonerated the Edo-born business in the matter saying he (Okunbo) was blameless

Upon a thorough investigation, the police in a letter to Okunbo’s lawyer, Mr. Augustine Alegeh, SAN,, copied to the Attorney-General and Minister of Justice as well as the Chairman of Economic and Financial Crimes Commission, EFCC, said the petition by Ayeni against Okunbo could not be established.

Ayeni’s petition

Ayeni had through his lawyer, Mr Femi Falana, SAN, filed a petition on December 7, 2020, with the police accusing Okunbo of theft of the funds of Ocean Marine Solutions Limited, a company they, in company with others, had formed.

The former chairman of the defunct Skye Bank (now Polaris Bank) had last year, dragged Okunbo (his business partner) to the Economic and Financial Crimes Commission, EFCC, for alleged mismanagement, stealing and diversion of funds from their company – Ocean Marine Security, OMS, Limited.

Ayeni’s decision elicited angry reactions from sources privy to the business deals between the two.

Multiple sources, familiar with the business deal, disclosed that Ayeni, who had sold his shares in OML in 2018 and was duly paid, consequently upon which he resigned his appointment as Director and shareholder of the company is trying to take undue advantage of Okunbo’s ill-health to hijack the company by claiming that he is still a shareholder in the company.