Indimi Twins Win $43.51 Million Judgment Against Father

Ameena and Zara Indimi secured a $43.51 million judgment against their father, Moham Indimi, in a legal dispute concerning unpaid dividends from their family's oil company, Orient Energy. The Federal High Court ruled that the company must pay the twins the full amount, which stems from a protracted disagreement over their exclusion from a substantial dividend pool.

The twins, who jointly own a 10% stake in Orient Energy, argued that their shareholdings were unfairly reduced without their consent, blocking them from receiving millions from the company's earnings. The court found that the changes to their equity position were neither transparent nor consensual, denying them income from the firm's performance.

This ruling not only strengthens the twins' position but also marks a turning point in the ongoing family conflict, which has drawn significant public attention due to the substantial sums involved and the implications for governance and transparency in family-owned enterprises in Nigeria's oil sector.