Otutochi Wigwe: The Battle for a Luxury Yacht

Otutochi Wigwe: The Battle for a Luxury Yacht.

Otutochi Wigwe: The Battle for a Luxury Yacht One of the most devastating tragedies to hit Nigeria’s financial sector in recent years was the death of the Managing Director and Chief Executive Officer of Access Bank, Herbert Wigwe.

One of the most devastating tragedies to hit Nigeria’s financial sector in recent years was the death of the Managing Director and Chief Executive Officer of Access Bank, Herbert Wigwe.

Since the fatal helicopter crash that claimed his life, that of his wife, Doreen, and others, the Wigwe family has remained the subject of public interest, with fresh developments continuing to emerge from different corners of their lives and legacy.

Society Watch recently gathered that Otutochi Wigwe, daughter of the late banking titan, has approached the High Court of Justice of the British Virgin Islands (BVI) to secure control of a company that owns her late parents’ luxury yacht, Chitochi. The proceedings have brought the complexities of offshore corporate ownership into the delicate business of preserving and administering a family inheritance. The yacht is reportedly the sole remaining asset of Grosvenor Marine Ventures Ltd., a BVI-registered company jointly owned by Herbert and Doreen Wigwe, who also served as its directors. According to the report, the company was struck off the BVI Register of Companies and dissolved on November 5, 2024, following the non-payment of its annual fees.

MSEApp News is publishing an original rewrite of this tip for readers, based on reporting associated with THISDAY.