In the court documents obtained by Peoples Gazette, Dangote was accused of allegedly making arrangements on how Ajenifuja’s 22-weeks pregnant wife, Anita Koepcke, was drugged and how young men slept with her with the intention of stealing his trade secrets.
Ajenifuja in the lawsuit filed on August 2, 2019, said he had developed the technique and process of a sector exchange-traded funds for Africa in June 2004, after over 10 years of research.
The businessman alleged that Dangote connived with some World Bank Group employees on February 8, 2010, to invite his then-wife to a meeting at a Catholic mission in Washington, D.C., area where she was allegedly given illicit drugs and opioid medications on a regular basis, which she became addicted to.
He said his wife subsequently engaged in extramarital affairs with young men near Washington, and the troubling situation was subsequently used to blackmail her into turning against her husband until she handed over his trade secrets to Mr Dangote.
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.
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,” Ajenifuja said in court documents.
Dangote had cited the need to have more time for the execution of his companies’ expansion across Africa as the basis for his resignation.
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 Dangote via Anita.
The businessman, who confirmed the theft of his trade secrets in December 2016 after several investigations, alleged that the trade secrets were sold to Vetiva Funds Managers Limited, Lagos, one 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.
Ajenifuja said the affairs caused “severe emotional suffering because his home was foreclosed by the mortgage company as a result of loss of income,” the documents said.
The businessman also demanded $1 billion as the least compensatory damages against Dangote and others for the alleged theft of his trade secrets.
The World Bank denied the allegations and the court rejected Ajenifuja’s lawsuit because it was statute-barred.
In their separate motions, the World Bank Group sought to dismiss the case on the grounds that it was immune from suit, while Messrs Dangote and Onyema sought for dismissal for lack of personal jurisdiction.
KanyiDaily recalls that Dangote had recently filed a $30,000 lawsuit against his ex-girlfriend, Autumn Spikes, after she posted a video that exposed his buttocks on social media.