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EMBER CREEK BOSS, ABBEY FORD ON THE RUN OVER UNPAID DEBT
Shrewd businessman and Lagos socialite, Mr Abbey Ford, the head honcho of popular Night club, Ember Creek is not having the best of time lately. The reason is not far fetched; He has been asked by a Federal court sitting in Lagos to return an unpaid loan He used in expanding his business conglomerate in 2012. He has refused to pay or service the loan till date with the help of his close friend.
Mr Ford is a close alley to Dr. Oyetunji, the MD of Continental Reinsurance Company as it was alleged that back in year 2012, Dr Oyetunji issued a loan worth 12million to his friend through the back door without due process and approval from the company’s board. ”Dr Oyetunji ordered the
finance department of Continental Reinsurance Company to give a
personal loan an unsecured one at that, in the sum of N12million to his
friend and proprietor of the Ember Creek Night Club Mr Abbey Ford. The
loan was not repaid, rather expected, it was written off.” a close source divulged to CITYSPY.
finance department of Continental Reinsurance Company to give a
personal loan an unsecured one at that, in the sum of N12million to his
friend and proprietor of the Ember Creek Night Club Mr Abbey Ford. The
loan was not repaid, rather expected, it was written off.” a close source divulged to CITYSPY.
According to information, Dr Oyetunji is currently being charged to the court for misuse of office and illegal mismanagement of company’s fund. As we speak Mr Ford is running from pillar to post to raise the funds to pay back the loan so as to avoid being further enmeshed in the scandal his friend is currently going through in court.