Billionaire Mohammed Indimi Sued by Twin Daughters Ameena and Zara Over $435 Million Dividend Dispute

Editorial Team
4 Min Read
mohammed indimi

Twin sisters Ameena and Zara Indimi, daughters of Nigerian billionaire Mohammed Indimi, have filed a lawsuit against their father and his company, Oriental Energy Resources, over what they describe as an unfair and unauthorized reduction of their shareholdings in the family business.

The legal battle has brought to light a bitter family feud, with the twins accusing their father of sidelining them financially despite the company declaring a staggering $435.1 million in dividends.

Zara and Ameena Indimi
Zara and Ameena Indimi

The Core of the Dispute

Court documents reveal that Ameena and Zara were initially entitled to a 5% shareholding each in Oriental Energy Resources. However, they claim they were tricked into signing documents that reduced their stakes to a mere 0.6%. The twins further allege that the company refused to pay them their combined $43.51 million share of the declared dividends.

The lawsuit accuses Oriental Energy Resources and their father of withholding the funds and using intimidation tactics to silence the twins.

Who Are Ameena and Zara Indimi?

  • Ameena Indimi: Known for her reserved and intellectual nature, Ameena has generally avoided public attention. However, her decision to join the lawsuit underscores her determination to stand up for her rights within the family empire.
  • Zara Indimi: The more outgoing of the two, Zara has been a prominent figure in Nigerian social circles. Her bold personality contrasts with her sister’s quieter demeanor, but the twins share a strong bond, which is evident in their united front in this legal battle.
Zara and Ameena Indimi
Zara and Ameena Indimi

A Family Empire in Crisis

The Indimi family is one of Nigeria’s most prominent and wealthy dynasties, with Mohammed Indimi at the helm of Oriental Energy Resources, a company valued in billions. Despite his success, this legal dispute has exposed deep cracks within the family, painting a picture of mistrust and power struggles.

The twins’ accusations suggest a pattern of manipulation within the family business, where patriarchal control and secrecy have long defined operations.

Legal and Financial Stakes

The twins are asking the court to reinstate their original 5% stakes in the company and compel Oriental Energy Resources to pay their share of the dividends.

Mohammed Indimi has not publicly commented on the matter, but insiders suggest he views the lawsuit as an attack on his authority and legacy. His lawyers are expected to argue that the reduction in the twins’ shareholdings was lawful and in the best interest of the company.

A Rare Look Into a Billionaire Dynasty

This legal battle provides a rare glimpse into the challenges of wealth distribution within African business empires. As twin sisters, Ameena and Zara present a compelling narrative of unity and resilience, challenging their father in a bid to secure their rightful place in the family’s legacy.

What Lies Ahead

The case is set to become one of Nigeria’s most closely watched legal battles, with both sides preparing for a prolonged and contentious fight. For Ameena and Zara, the goal is not just financial restitution but also justice within a system they believe has sidelined them. For Mohammed Indimi, it’s about maintaining control over the empire he built and preserving his reputation.

The story of the Indimi twins is one of family, power, and the complexities of navigating immense wealth in the spotlight.

Stay tuned to Rich List Nigeria for updates on this unfolding saga.

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