The ramifications of the death of Mr Moseray Fadika, whom many in the party believe to be one of the wealthiest and a key contender for the leadership of the ruling APC party, will be enormously earth shaking.He was a top contender to become the next President.
Mr Fadika was co-founder and Executive Chairman of African Minerals Ltd., alongside the multi-billionaire Frank Timis, where he is believed to have made hundreds of millions of dollars in personal fortune.
The company went into receivership two years ago, after failing to meet its financial obligations and was bought by the Chinese Shandong Company Limited.
Mr Fadika is arguably one of the richest people in Africa. He is the Vice Chairman of Shandong Steel (SL) Ltd and Executive Director of Pan Africa Minerals Ltd, with a cumulative investment portfolio in Africa of over $3.1 Billion.