{"id":28088,"date":"2014-06-18T17:11:42","date_gmt":"2014-06-18T16:11:42","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=28088"},"modified":"2014-06-18T17:11:42","modified_gmt":"2014-06-18T16:11:42","slug":"arisekola-alao-is-dead","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/arisekola-alao-is-dead\/","title":{"rendered":"Arisekola Alao is dead"},"content":{"rendered":"<p>Abdulazeez Arisekola Alao,\u00a0a controversial businessman who was based in Ibadan, capital of Oyo State, died yesterday at a hospital in Switzerland.<\/p>\n<p id=\"yui_3_16_0_1_1403107449802_2293\">A family source confirmed Mr. Alao\u2019s death to our correspondent, stating that the cause was colon cancer. The source also stated that the remains of the deceased businessman were being conveyed to Nigeria for burial as early as tomorrow in keeping with Muslim rites. In 1980, a group of Islamic clerics named him the Aare Musulumi of Yorubaland, making him one of the most notable Islamic figures in Nigeria\u2019s southwest.<\/p>\n<p id=\"yui_3_16_0_1_1403107449802_2294\">Apart from being a prominent Muslim figure in Nigeria, Mr. Alao was also known for his cozy relationship with the late General Sani Abacha, one of Nigeria\u2019s most repressive dictators.<\/p>\n<p id=\"yui_3_16_0_1_1403107449802_2295\">Mr. Alao, who was born in 1945, started out as a trader in his youth and grew into a businessman with investments in real estate, auto sales, news media, and flourmills. Like many Nigerian business owners, he depended on the patronage of political leaders to maintain the image of having vast wealth.<\/p>\n<p id=\"yui_3_16_0_1_1403107449802_2296\">In 2011, Guaranty Trust Bank Plc filed a lawsuit seeking an order to declare Mr. Alao bankrupt. The lawsuit arose from a loan of close to N7 billion that Mr. Alao had taken from the bank but failed to service.<\/p>\n<p id=\"yui_3_16_0_1_1403107449802_2297\">The late Mr. Alao was married to several wives and many children.<\/p>\n<p id=\"yui_3_16_0_1_1403107449802_2298\">Sahara reporters<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Abdulazeez Arisekola Alao,\u00a0a controversial businessman who was based in Ibadan, capital of Oyo State, died yesterday at a hospital in Switzerland. A family source confirmed Mr. Alao\u2019s death to our&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":28089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-28088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Arisekola Alao is dead - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/arisekola-alao-is-dead\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arisekola Alao is dead - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"Abdulazeez Arisekola Alao,\u00a0a controversial businessman who was based in Ibadan, capital of Oyo State, died yesterday at a hospital in Switzerland. 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