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Reading: Trouble in paradise…Intrigues as Alao Arisekola’s family battle over his estate
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Trouble in paradise…Intrigues as Alao Arisekola’s family battle over his estate

August 13, 2016
1 Min Read

• Lust for inheritance splits billionaire’s family into three units

Things fall apart in the household of late AbdulAzeez Alao Arisekola. The centre cannot hold again amid his vain and raucous clan. Trouble and disaster looms above the homestead of the late Ibadan billionaire as his 30 children, wives and extended family members slug it out in a no holds barred contest for his estate.

Highlife findings revealed that the late billionaire’s children are divided into three camps, with each faction laying claims to his estate scattered across Ibadan, Oyo, Lagos and London, United Kingdom. While one of the groups is reportedly led by Khadijat Alao-Straub, Arisekola’s first daughter, the others have Ismaila, Arisekola’s first son and Abdullahi, the son of the late business mogul arraigned over allegation of N1.1billion oil subsidy scam.

The children have been quarrelling with one another over who should control some of the properties, including their dad’s tank farms in Lagos and flour mill in Ibadan. Arisekola also has substantial investments in First Bank Plc among other blue chip companies in the country and these among other properties are being hotly contested by his wives, children and other relatives

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