Moshood Olawale Abiola and Kola
MKO Abiola’s children fight over inheritance, accuse Kola of sitting on ‘willed’ £650,000
The children of renowned businessman and philanthropist, Moshood Abiola, are still enmeshed in family feud resulting from the sharing of their father’s enormous wealth.
The business mogul died over two decades ago, precisely July 7, 1998.
The latest in the perennial family row of Abiola’s children is the allegation of inheritance theft and treachery levelled by Abdulmumuni Abiola, against his elder brother, Kola.
Mumuni alleged that Kola refused to give other Abiola’s children their inheritance.
Abdulmumuni revealed that Abiola willed £650,000 to his first four wives, but Kola cornered everything and refused to release the money to them.
He made the revelation on ‘Mic On Podcast’ hosted by Seun Okinbaloye, on Saturday,
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Abdulmumuni said, “We did blood tests so we had a list of qualifying children. If you look at the will and you see how systematic it is, he named the wives and he apportioned the money to them.
“I would like to give you some information on that. My mum was number two (Kudirat Olayinka Abiola). I think she was apportioned £150,000.
“At the time, Kola had sighted the fact that my mum died before my dad died, and because of that, British law would not allow him to release the £150,000 to us.
“He also said that his mum too is dead and he didn’t get the £300,000 for his mother. But you are the one sharing the money, so it’s odd…If he wanted to, he could have given us the money.
“Not to mention my mum’s apartment in the UK, before we knew anything, Kola had sold it without telling my brothers or my sister anything about it.
“So you can see that they were systematic to try to impoverish my mum’s side of the family. And for that reason, I don’t think I will be able to forgive him (Kola).”
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