Why Insiders Insist Someone Is Out For Billionaire Sayyu Dantata

Eniola Adeniyi

Emerging details have it friends and loyalists of Billionaire businessman, Sayyu Dantata have a conviction..someone is – or persons are – out for the deep pocket.

Societynow.ng gathered that the prevailing notion amongst the circle of those who truly care for the MRS Holdings boss is that he is being “targeted.”

Insiders disclosed that the possible reason(s) for this development is, however, yet to be established.

Societynow.ng gathered that the growing conviction that Dantata is being targeted is premised on a growing chain of events around his person.

“Not so pleasant news about him travel fast and there appears to be attempts to link him to not so good trends” societynow.ng learned.

The checks by societynow.ng revealed that Dantata’s business challenges seem to get extra mentions.

And what can pass off as an attempt to douse him in controversy over extravagance living and pitch him against ferocious public sentiments was particularly attempted last year.

In the face of widespread angst over the hellish traffic imposed on Apapa area of Lagos State by “tanker “drivers, a video of Dantata flying what was described as a “private helicopter to beat the traffic” was released and decorated with different shades of conjectures.

The development earned the oil tycoon misgiving in certain corners.

Barely a year later, Dantata is awash with reports – which has been dispelled – of seizure of his assets and freezing of his company, MRS Holding Limited’s bank accounts over alleged mega debt.

The Asset Management Corporation of Nigeria (AMCON) which was claimed to have seized the assets and frozen the accounts of MRS insists such never happened.

“The public should therefore disregard this deceptive news item, the basis of which is totally unknown to us” AMCON stated in response to the latest news about Dantata while explaining that “As far as the matter is concerned, AMCON has reached a settlement resolution term with MRS Holding Limited and its lead promoter and there has not been any reason whatsoever to seek for any order of the court in this regard.”

Societynow.ng gathered that while Dantata and his “friends” breath a huge sigh of relief over AMCON’s quick response that bailed the billionaire out of the mess created by this latest development about him, they are obviously not comfortable about this daring twist sprung on a false premise as the unease about the re-occurring episodes continue.