TIO was founded and is spearheaded by “Dozy” Mmobuosi, CEO of the key holding company entity.
Dozy is regularly described by the media as a billionaire and made waves earlier this year when he attempted to acquire now-Premier League soccer team Sheffield United.
Airtel Africa responds, post-publication, that Airtel Nigeria has no relationship with Tingo Mobile.
This runs contrary to Tingo’s claims in filings that its mobile business is run through an agreement with Airtel.
Dozy is regularly described by the media as a billionaire and reports about went viral this year when he attempted to buy Sheffield United, a football club in England which has just gained promotion to the Premier League. He currently serves as the CEO of Tingo Group Holdings, the group’s key holding company entity. He has gained international attention, gracing the cover of GQ Africa in December 2022.
He later settled the case in arbitration.
In 2019, Dozy claimed to have launched “Tingo Airlines” and posted social media messages encouraging customers to “fly with Tingo Airlines today”.
He appears to have fabricated his biographical claim to have developed the first mobile payment app in Nigeria, the investigation revealed.
When Hindenburg Research contacted the app’s actual creator, identified as Deji Oguntonade, he called Dozy’s claims “totally false” & a “pure lie”.
Dozy claimed in his biography to have received a PhD in rural advancement from Malaysian university UPM in 2007. Also, this claim was also found to be false because when Hindenburg Research contacted UPM to verify the degree, the school wrote back and said no one by his name was found in its verification system.
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