Pat Utomi has shared his experience of suffering financial losses due to a contract cancellation by former Ogun governor Ibikunle Amosun. Utomi claims that, similar to the Chinese firm Zhongfu International Investment FXE, he faced significant difficulties after Amosun cancelled his contract involving a lease agreement.
Despite attempts to resolve the matter with Amosun and other political figures, Utomi was unable to recover his investments and had to repay substantial loans.
He criticizes the lack of resolution and expresses frustration over the broader implications of such contract disputes, drawing parallels to the current issue with the Nigerian presidential jets being seized in Europe due to a similar contract cancellation.