Afrigather The potential purchaser of Sheffield United and sponsor of the famend Nigerian Professional Football League (NPFL) Super Cup competition, Dozy Mmobuosi, has had his enterprise accused of shady enterprise practices and faked monetary statements.
Soccernet.ng understands that current findings by Hindenburg Research have made some worrying disclosures in regards to the function of Dozy’s agency (Tingo Group Inc) in sure faked financials.
In keeping with studies, the New Jersey-based agency operates industries together with cellphones, meals processing, and an internet meals market with a give attention to Nigerian farmers.
The validity of those assertions and the background of its Nigerian Chief Government Officer, nonetheless, has come below scrutiny.
Probably the most apparent contradictions surrounding Dozy, who has emerged as one of many main contenders for the acquisition of Sheffield United and raised N1 billion because the grand prize for the winner of the NPFL Super Cup, is his supposed involvement within the founding of Nigeria’s first cell fee app. When the app’s actual creator was contacted, it was categorically instructed that Dozy’s assertions have been “a pure lie.”
The acquisition of the English soccer membership earlier this 12 months would even be thought of to have created questions.
His {qualifications} got here below extra examination because the establishment acknowledged that nobody by his title had been situated of their verification system, the declare that he had earned a PhD in rural improvement from a Malaysian college in 2007 was refuted.
His prior run-ins with the legislation have surfaced, which has elevated suspicion in direction of Dozy. In keeping with the Nigerian Financial and Monetary Crimes Fee, he was charged with eight counts of issuing fraudulent checks in 2017.
Past his private background, Dozy is embroiled in controversy. 2019 noticed the announcement of the opening of “Tingo Airways,” which was backed by social media postings encouraging customers to “fly with Tingo Airways at the moment.”
Media shops finally realized that Tingo had pasted its emblem onto pictures of aeroplanes, elevating questions over whether or not a respectable airline ever existed.
These unsettling info forged appreciable doubt on Tingo Group Inc.’s reliability and ethical character.
The company might have first been seen as a supporter of Nigerian soccer owing to its option to sponsor the NPFL Tremendous 6, a prestigious soccer competitors within the nation.
The Tingo Group and its CEO’s doubtful enterprise practices and faked monetary statements, nonetheless, are actually within the public eye, throwing doubt on their participation within the sporting group.
