Afrinvest repays undocumented $1 million from Elumelu with interest
Nigerian billionaire investorTony Elumeluhas revealed that he transferred $1 million toAfrinvest West Africawithout a written agreement or specified repayment terms after the 2008 global financial crisis, relying solely on his confidence in the company’s leadership. Mr Elumelu, chairman of Heirs Hol...
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Verified on Oct 18, 2026