The chairman of Oriental Energy Resources, Alhaji Muhammadu Indimi, has denied media reports that he donated US$14 million to Lynn University in the United States. Rather, the amount he donated, according to him, was $900,000. In a statement sent to THISDAY editorial Board Chairman, Mr Olusegun Adeniyi, to protest the piece, “The Prodigal Billionaire”, published in his column of 25th May, 2016, an official of Oriental stated that neither Indimi nor the company donated the figure being credited to him and for which he was being vilified. The company also listed Universities of Uyo, Port Harcourt, Calabar and Nsukka among institutions of higher learning in Nigeria to which Indimi and his company had extended considerable financial support running into billions of Naira in recent years. Below is the full text of the statement from Oriental, endorsed by its chairman, Indimi:
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