Okumagba complained of stomach ache before demise


▪︎As Urhobo nation mourns two illustrious sons

▪︎News of death received with shock, disbelief in Delta

More facts emerged on Thursday as to what must have likely killed frontline economist, banker and stockbroker, Mr Albert Okumagba.

This is coming barely 24 hours after another Urhobo prominent son,  Prof Peter Ekeh, Founder of the Urhobo Historical Society (UHS), had passed on Wednesday.

TheNewsGuru.com (TNG) said it reliably gathered from close sources to the family of the late Delta icon that he complained of stomach ache before his demise.

According to the sources, Okumagba complained of stomach problems two days ago but no one suspected anything serious until his sudden demise today

However, the cause of his death is being suspected to be as a result of a heart attack but the family awaits the autopsy report to pinpoint the reason for the sudden demise of the poster boy banker.

Shock, disbelief and sadness have been the general reaction of most people to the sudden death of the businessman and economist, who was the ex managing director of BGL.

Okumagba, who relocated about a year ago to the Federal Capital Territory (FCT), was said to have maintained a low life in the capital city after having a raw deal with anti-graft agencies.

Okumagba, the Group Managing Director of BGL Group, parent body to BGL Securities Limited and BGL Asset Management Limited, was reputed for significant roles played in the nation’s stocks brokerage subsector.

Okumagba was arraigned at the Chief Magistrate Court in Wuse Zone 6, Abuja in September 2017 following a petition against him and his deputy through the Securities and Exchange Commission (SEC) by some investors over alleged capital market fraud.

He was born on April 4, 1964. (TNG)


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