Some sources of General Ibrahim Babangida’s stupendous wealth have been revealed. According to Saharareporters, Mohammed and Aminu, Babangida’s sons, own Fruitex International, London, an oil exploration company. It was registered, with number 4216189, to number 53 Marlborough Hill, Flat 4, London, NWC ONG. The house is owned by Beaumont Group Limited, care of Ashley Wilson, Solicitors, 19-21 Grosvenor Gardens, London, SWIM OBD. Fruitex, according to saharareporters, owns a rich oil block, “Block M” in Equatorial Guinea which is worth $8.2 billion.
Registered in May 2001 with share capital of £400,000, Fruitex started with two directors, Mohammed Babangida and Susan Scott. In 2005, the directors increased to three: Mohammed, 34 years old; Scott, a British citizen and company secretary, 49, and Aminu Babangida, 29.
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When saharareporters traced the company to Rod Johnson, a US representative, he insisted on receiving advance questions before he could respond. When he was asked to explain his relationship with the Babangida, and the interest of Fruitex in Irving, Texas, where his office is located, the company’s website (www.fruitexlimited.com) was, according to saharareporters, “shut down.”
Mr. Johnson refused to respond to all inquiries. Recently, Mohammed was arrested by agents of the Economic and Financial Crimes Commission (EFFC) over his alleged ownership of 24 per cent shares in Globacom, owned by Mike Adenuga, one of IBB’s friends. Mohammed’s release was secured by General Aliyu Mohammed Gusau, a former Intelligence Chief under IBB and, until recently, President Olusegun Obasanjo’s National Security Adviser.
More details soon!
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