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According to court documents obtained by NewsDirect, Nigerian business titan Aliko Dangote was involved in alleged rape and psychological manipulation of businessman Kevin Ajenifuja’s wife with the purpose to steal his trade secrets.
After more than ten years of research, Mr Ajenifuja claimed to have established the technique and process for a sector exchange-traded fund for Africa in June 2004.
Mr Dangote allegedly made preparations for Mr Ajenifuja’s 22-week pregnant wife to be sedated and young men to sleep with her with the goal of acquiring his trade secrets, according to a complaint filed by the businessman on August 2, 2019.
Mr Ajenifuja said that on February 8, 2010, Mr Dangote conspired with certain World Bank Group officials to invite his then-wife to a meeting at a Catholic mission in the Washington, D.C., region, where she was allegedly given illicit substances.
Ms Anita was also given narcotic prescriptions on a regular basis, which she got hooked to, according to the lawsuit. She then had adulterous affairs with young men in the Washington area, and the tense situation was exploited to coerce her into turning against her husband until she handed over his trade secrets to Mr Dangote.
The World Bank refuted the allegations, and the court dismissed Mr Ajenifuja’s lawsuit since it was filed after the statue of limitations had expired.
When contacted by The Gazette on Wednesday afternoon, a spokeswoman for Mr Dangote declined to comment on the complaint.
After multiple inquiries, the businessman only acknowledged the theft of his trade secrets in December 2016.
While Africa’s richest man’s alleged actions caused issues between the plaintiff and his wife, Mr Dangote resigned as the President of the Nigerian Stock Exchange in 2014, a year before the expiration of his term, “to conceal his involvement,” the lawsuit said.
Mr Dangote took many by surprise in 2014 when he announced his intention to step down as the president during the 53rd annual meeting of the NSE held in Lagos, making him the first to step down before the end of his term.
“On information and belief Defendant Dangote resigned to conceal his involvement in what happened to Plaintiff and Anita Koepcke,” Mr Ajenifuja said in court documents.
Mr Dangote had cited the need to have more time for the execution of his companies’ expansion across Africa as the basis for his resignation.
Mr Ajenifuja said it was around December 20, 2014, that he searched for the missing copies of the trade secrets and suspected that they had been stolen by Mr Dangote via Anita.
Mr Ajenifuja alleged that the trade secrets were sold to Vetiva Funds Managers Limited, Lagos, one Mr Dangote had a close business relationship with.
Vetiva Sector Series Exchange Traded Funds (ETFs) comprising the Vetiva Banking ETF, Vetiva Consumer Goods ETF, and Vetiva Industrial ETF was announced on July 7, 2015.
A spokesperson for Vetiva could not be reached for comments throughout Wednesday.