Femi Otedola tackles Jim Ovia, exposes 'fraudulent transactions' in Zenith Bank account

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The face-off between Femi Otedola, billionaire businessman, and Jim Ovia, chairman of Zenith Bank, over an alleged multibillion naira fraud has taken a turn for the worse, TheCable understands.

Although this and other allegations are being investigated by the Force Criminal Investigation Department of the police, moves are being made to resolve the matters amicably.Despite having not been operated since 2010, Seaforce Shipping’s account continued to be used for trading — completely unknown to Otedola, according to his petition to the police.

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