Telecoms drags ex-CEO to court over alleged diversion of company funds

Guardian | 01-06-2026 04:58pm |

Pan African Towers Limited has initiated legal proceedings against its former Managing Director and Chief Executive Officer, Azeez Olayode Amida, over allegations of misappropriation of company funds. The lawsuit claims that Amida diverted financial resources intended for the company for personal use, which has raised concerns regarding corporate governance and financial accountability within the organization. The case is expected to proceed through the judicial system, where the company seeks redress for the alleged financial misconduct.

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