EXCLUSIVE: Untold Details Of Arisekola’s Will Revealed

Alao-Arisekola

-Disowns Prominent Son and 5 Others

-Kicks Out UK Wife & Kids

-Elder Sister To Receive $1M

-Driver, Cook To Get $250,000 Each

In life and death, this great man, Aare AbdulAzeez Arisekola’s ways never ceased to amaze his hordes of admirers, is it his controversial ways of dealing with people? His unrivalled philanthropist gestures or his underground politicking that is not controversial? His ways are always special.

Much has been said and written about his last glorious days, his simple, but classy Islamic burial and the way and manner his Will was read a couple of days after his burial, which has put paid to what could probably lead to any form of suspicion as to the administration of his vast estates and stupendous wealth.

Sources told us exclusively that many, who witnessed the reading of his Will of the late billionaire are still shell-shocked regarding what they heard on Thursday, June 26, 2014 at the Chief Registrar’s office Room 30 of the Oyo State High Court, Ring Road, Ibadan.

A source divulged that most of the children, who were opportune to attend were dressed in all-white native attires except for three, who chose to be different.

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“The whole affair started before 3.00pm, when a lawyer from the chambers of Arisekola’s lawyer called the children one after the other and the all filed into the Registrar’s office according to their ages starting with the eldest daughter, Fatimo Alao.

Also present was Oba Otudeko, the administrator of the Will, who happens to be the closes confidant of the late Aare Musulumi minutes after the short ceremony, snippets of what the Will contained started making the rounds, like the setting up of a foundation to immortalize the late Islamic leader in order to continue his philanthropy.

However, we can disclose exclusively that, when the content of the Will is finally in the public domain after the holy month of Ramadan, Nigerians will be shocked with the drastic measure the late Islamic scholar adopted.

Part of the Will, which might likely lead to a protracted litigation has to do with the fact that he actually disowned some of his hitherto known children and wives.

One of those he reportedly disowned in the Will, we gathered, was one of his prominent sons along with five other children for one reason or the other.

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We also gathered that a prominent lady said to be married to him and lives in the UK was also disowned and dis-inherited along with two of her young children for an undisclosed reason, which some claim could be based on the long list of men associated with her even, while her husband was still hale and hearty.

Three people were said to have found eternal favour in the sight of Aare and he thanked them and showed his appreciation also in kind, the first was the elder sister, who is to be given $1Million, his most senior driver is to receive $250,000, while his long serving cook will also have no cause to be poor again as he is to be given $250,000 also.

Our source disclosed that what was read was actually a codicil because the Will had gone through a lot of revamping and adjustment over the years as Alhaji has had to either add or remove the Will.

It was gathered that Aare Arisekola directed that all his money in First Bank and several multi-billion naira investment should be kept in a trust fund to be managed by Oba Otudeko and that the proceeds should go to the beneficiaries throughout their lifetime.

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It will be recalled that during his lifetime, Arisekola was so influential that he installed ministers and governors and his boys in the Central Bank of Nigeria (CBN) were given important positions.

Perhaps, the only known unfulfilled dream he had was the creation of Ibadan State, which was not realized in his lifetime; he fought and agitated for it.

Despite his cult-like personality, one of the known negative impacts he made was his perceived closeness to one of Nigeria’s dictators, the late Gen. Sanni Abacha.

During the iron-fist rule of Abacha, his people once took up arms against him and burnt his cars and his publishing outfit, Monitor along Ring Road, Ibadan.

Sources close to the late business mogul said that his legacies would be difficult to erase and that he achieved most of his life ambitions before he bade the world good bye last month at 69.

Culled from First Weekly Magazine.

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