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MSC Aviomoh, Honored with ‘Senior High Chief’ for his humane personality
It is a great honor for a man to be recognized by people especially when it is a reward for immense contribution to the growth and development of the community. While these contributions can be general and on wider community needs, there is the personal goodwill and care for individual welfare which is most admirable.
It is on this premise that His Royal Majesty, Dr George Eghabor, the Okumagbe of Uwanno Kingdom and indeed the entire indigens of the Uwanno kingdom found MSC Aviomoh worthy to be among other illustrious sons of the kingdom to be honored with a Senior High Chief tittle. 
It was a sight to behold as the title was being conferred on him on the 31st of March, 2024 at the palace of the Okumagbe of Wanno kingdom amidst funfair and cerebrations.
This title ranks second in the heirachy of chieftaincy in Uwanno kingdom in Etsako-East local government area of Edo State. It is given to those that have distinguished themselves in both their personal endeavors and contributions to the growth and development of the community
Senior High Chief AVIOMOH M.S CLEMENT MBA, FCA, hails from Egor in Uwanno kingdom., He is the Group Managing Director /CEO of African Royal Shipping (ARS) He is a fellow of the Institute of Chartered Accountants of Nigeria. Holds an MBA from the University of Lagos (1986). He has worked as Group Financial Director, Gemini Pharmaceuticals Ltd, Group Head, Financial Institutions, Crystal Bank/Standard Trust Bank (now UBA PLC). He has held the position of group Head, Commercial Treasury and Regional Manager (North) in Gateway Bank Plc.  before he was appointed by Central Bank of Nigeria (CBN) to the Board of City Express Bank Plc, 2005 as Executive Director Operations. He was appointed in Sept, 2007 as Group Executive Director Finance and Information Technology in African Petroleum Plc, a position he held before the appointment as Group Managing Director of ARS GROUP.
He has been described by staff of ARS Group, His family members, the entire community of Egor and everyone that has crossed his benevolent path, as a man with a big heart, accommodating everyone that comes to him especially for mentorship as his desire and commitment to the growth of individuals is unrivalled.

MSC Aviomoh, Honored with ‘Senior High Chief’ for his humane personality
It is a great honor for a man to be recognized by people especially when it is a reward for immense contribution to the growth and development of the community. While these contributions can be general and on wider community needs, there is the personal goodwill and care for individual welfare which is most admirable.
It is on this premise that His Royal Majesty, Dr George Eghabor, the Okumagbe of Uwanno Kingdom and indeed the entire indigens of the Uwanno kingdom found MSC Aviomoh worthy to be among other illustrious sons of the kingdom to be honored with a Senior High Chief tittle.
It was a sight to behold as the title was being conferred on him on the 31st of March, 2024 at the palace of the Okumagbe of Wanno kingdom amidst funfair and cerebrations.
This title ranks second in the heirachy of chieftaincy in Uwanno kingdom in Etsako-East local government area of Edo State. It is given to those that have distinguished themselves in both their personal endeavors and contributions to the growth and development of the community
Senior High Chief AVIOMOH M.S CLEMENT MBA, FCA, hails from Egor in Uwanno kingdom., He is the Group Managing Director /CEO of African Royal Shipping (ARS) He is a fellow of the Institute of Chartered Accountants of Nigeria. Holds an MBA from the University of Lagos (1986). He has worked as Group Financial Director, Gemini Pharmaceuticals Ltd, Group Head, Financial Institutions, Crystal Bank/Standard Trust Bank (now UBA PLC). He has held the position of group Head, Commercial Treasury and Regional Manager (North) in Gateway Bank Plc. before he was appointed by Central Bank of Nigeria (CBN) to the Board of City Express Bank Plc, 2005 as Executive Director Operations. He was appointed in Sept, 2007 as Group Executive Director Finance and Information Technology in African Petroleum Plc, a position he held before the appointment as Group Managing Director of ARS GROUP.
He has been described by staff of ARS Group, His family members, the entire community of Egor and everyone that has crossed his benevolent path, as a man with a big heart, accommodating everyone that comes to him especially for mentorship as his desire and commitment to the growth of individuals is unrivalled.

YouTube Video VVVxTkpNQlA2dS1qbXVEdjFQRGdVV0pBLi1xRWlMX253ZFhZ

MSC Aviomoh, Honored with ‘Senior High Chief’ | Documentary | CEM EVENTS

CEM Television April 18, 2024 8:18 am

**M.S.C Aviomoh**, the Executive Director of Finance & I.T at African Petroleum PLC, made a significant statement regarding the financial affairs of the company. In July 2010, he addressed the press at the Protea Hotel Ikeja, shedding light on concerning practices within the organization.

According to Aviomoh, **Mr. Femi Otedola**, the Chairman of African Petroleum, had been exploiting the company for his personal gain over the past two years. Aviomoh, as the Finance Director, raised several alarms about this issue, but received no response from the company's directors, the Securities and Exchange Commission, or the Stock Exchange. He even involved the Economic and Financial Crimes Commission (EFCC) through a formal petition.

Here are the key points from Aviomoh's statement:

1. **Financial Manipulation**: In 2009, African Petroleum incurred a loss of approximately **N15 billion**. Aviomoh attributed this loss to the fact that Mr. Otedola's companies (Zenon Petroleum and Gas Company Limited, Platinum Fleet Limited, and Fineshade Energy Limited) were selling products to African Petroleum at inflated prices—sometimes even higher than the retail pump prices at gas stations.

2. **Alternative Accounts**: When the Finance Director prepared a management account showing a loss of **N9.7 billion**, Mr. Otedola and others produced an alternative account that miraculously showed a profit of **N957 million**. They proposed warehousing the un-reconciled inventories of **N15 billion** and amortizing it over five years. Aviomoh rejected this proposal, emphasizing that the causes of the loss were well-known.

3. **Refusal to Cook the Books**: Aviomoh refused to manipulate financial records as requested by Mr. Otedola. He also resisted allowing further siphoning of funds from African Petroleum for the benefit of Otedola and his other companies.

4. **Public Disclosure**: Aviomoh felt compelled to bring these facts to the public's attention. He wanted everyone to know the truth, even if it meant risking his own safety.

In summary, Aviomoh's courageous stand against financial irregularities sheds light on the challenges faced by professionals who prioritize integrity over personal gain. His statement serves as a reminder that transparency and accountability are essential in corporate governance.

¹ [Read the full statement](https://www.thenigerianvoice.com/news/31608/odetola-african-petroleum-plc-the-aviomoh-papers.html)

Source: Conversation with Bing, 4/9/2024
(1) Odetola: African Petroleum Plc – The Aviomoh Papers - Nigerian Voice. https://www.thenigerianvoice.com/news/31608/odetola-african-petroleum-plc-the-aviomoh-papers.html.
(2) Odetola: African Petroleum Plc – The Aviomoh Papers - Modern Ghana. https://www.modernghana.com/news/287441/odetola-african-petroleum-plc-the-aviomoh-papers.html.
(3) BY M.S.C. AVIOMOH, MBA, FCA - icanig.org. https://icanig.org/ican/documents/Plenary2_Whistle_Blowing_MSC_Aviomoh.pdf.

**M.S.C Aviomoh**, the Executive Director of Finance & I.T at African Petroleum PLC, made a significant statement regarding the financial affairs of the company. In July 2010, he addressed the press at the Protea Hotel Ikeja, shedding light on concerning practices within the organization.

According to Aviomoh, **Mr. Femi Otedola**, the Chairman of African Petroleum, had been exploiting the company for his personal gain over the past two years. Aviomoh, as the Finance Director, raised several alarms about this issue, but received no response from the company's directors, the Securities and Exchange Commission, or the Stock Exchange. He even involved the Economic and Financial Crimes Commission (EFCC) through a formal petition.

Here are the key points from Aviomoh's statement:

1. **Financial Manipulation**: In 2009, African Petroleum incurred a loss of approximately **N15 billion**. Aviomoh attributed this loss to the fact that Mr. Otedola's companies (Zenon Petroleum and Gas Company Limited, Platinum Fleet Limited, and Fineshade Energy Limited) were selling products to African Petroleum at inflated prices—sometimes even higher than the retail pump prices at gas stations.

2. **Alternative Accounts**: When the Finance Director prepared a management account showing a loss of **N9.7 billion**, Mr. Otedola and others produced an alternative account that miraculously showed a profit of **N957 million**. They proposed warehousing the un-reconciled inventories of **N15 billion** and amortizing it over five years. Aviomoh rejected this proposal, emphasizing that the causes of the loss were well-known.

3. **Refusal to Cook the Books**: Aviomoh refused to manipulate financial records as requested by Mr. Otedola. He also resisted allowing further siphoning of funds from African Petroleum for the benefit of Otedola and his other companies.

4. **Public Disclosure**: Aviomoh felt compelled to bring these facts to the public's attention. He wanted everyone to know the truth, even if it meant risking his own safety.

In summary, Aviomoh's courageous stand against financial irregularities sheds light on the challenges faced by professionals who prioritize integrity over personal gain. His statement serves as a reminder that transparency and accountability are essential in corporate governance.

¹ [Read the full statement](https://www.thenigerianvoice.com/news/31608/odetola-african-petroleum-plc-the-aviomoh-papers.html)

Source: Conversation with Bing, 4/9/2024
(1) Odetola: African Petroleum Plc – The Aviomoh Papers - Nigerian Voice. https://www.thenigerianvoice.com/news/31608/odetola-african-petroleum-plc-the-aviomoh-papers.html.
(2) Odetola: African Petroleum Plc – The Aviomoh Papers - Modern Ghana. https://www.modernghana.com/news/287441/odetola-african-petroleum-plc-the-aviomoh-papers.html.
(3) BY M.S.C. AVIOMOH, MBA, FCA - icanig.org. https://icanig.org/ican/documents/Plenary2_Whistle_Blowing_MSC_Aviomoh.pdf.

YouTube Video VVVxTkpNQlA2dS1qbXVEdjFQRGdVV0pBLkVBaU5ETXlmMnZJ

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