Nollywood actress, Ireti Doyle has spoken up on the business scandal in 2021 involving Abimbola Ngozi Onyeulo, her daughter better known as Kachi.
Abimbola, who ran the eponymous Kachi Beauty Products, was accused of defrauding her customers.
An investigation had exposed how the entrepreneur allegedly carted away over N40 million belonging to her patrons after pushing a hair business scheme that promised to make wealthy those who joined its wholesale distribution.
The business, described as an “empowerment scheme”, had attracted many young women and men both in Nigeria and in the diaspora, most of whom trusted Abimbola due to the status of her mother as a prominent actress.
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With purchases put in batches, Abimbola introduced a distributor package. It cost N300,000 to subscribe to the silver category, N500,000 for gold subscribers, N1 million for platinum, and N5 million for diamond subscribers.
But allegations of fraud from over 60 customers prompted her mother to disassociate herself from the venture.
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In a blistering interview, Doyle said she had to distance herself from the scandal because “I didn’t see any decisive action on my daughter’s side to take the heat off me.”
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