Nigerian academic and politician, Prof Pat Utomi has slammed Ibikunle Amosu, former governor of Ogun State for bungling the investment agreement of the Ogun Guangdong Free Trade Zone pact.
This miscalculation or shabby leadership of Amosu as governor is what Utomi said led to the huge penalties Nigerian government faces in UK, USA, and French courts and has led to the attachment of three presidential aircraft of the Ngerian president.
On his X handle, Utomi tweeted on Sunday, asking “So it was Gov Amosun’s violation of contract terms signed by his predecessor that brought the shame of seizure of jets from the Presidential fleet. I hope he is happy at his achievement’. The whole matter is Khama at work. The Chinese were not the only victims.”
Indicting him further, he alleged the Chinese investors who are complaining loudly were not the only victims of Amosu with business and investment ineptitude.
Utomi narrated that he and other people were such victims,and one of such allegedly died of frustration after Amosu got the Ogun State citizen thoroughly rubbished,investment wise.
“One prominent Ogun indigene allegedly committed suicide with similar Amosun action. I too was a victim. I had leased OPIC land in Lagos in a BOT agreement under Gov Daniel. Amosun stopped all such on being sworn in. I called him. He said he did not see my name on the list. I went to Abeokuta and he called in Yewandw Amusan who said mine was a straight forward deal they did not include it. He asked that all be included but mine be quickly sorted. That began a rigmarole that went on for years. I made another trip to Abeokuta. He drove me back to Lagos at the wheels with my driver trailing along with the escorts and sirens.
He had earlier asked that I make a request for refund of what I paid even though my South African partners and I had invested 200m in addition to the lease amount at the time.
With just two of us in the car he advised I make a claim for100m and write for additional payments the day after I cash the cheque. It was surreal but if I got nothing more it would be better than being in court until we both retire.
I took the case to APC leader BAT and Baba Akande. No result. Took it to Dapo Abiodun when he took over. Nothing came of it. If this happened to Frieda I wondered what enemies were going through.
I lost my weary SA partners who owned a successful regional chain across Southern Africa and Asia. I licked my wounds and Slaved to pay off the loans. The Chinese had better leverage.
They took it and all are shamed. My new book Power Policy Politics and Performance documents a similar case study in Enugu involving SA investors as the gubernatorial batons changed hands. When shall we learn. Values shape human progress. “
