Former Nigerian senator and founder of Silverbird Group, Ben Murray-Bruce, has revealed how he lost $3.5 million in a fraudulent deal with his South African partner over the purchase of a cinema complex in Kenya.
Murray-Bruce disclosed this on Thursday during the 4th Peace Anyiam-Osigwe (PAO) Nigeria Digital Content Regulation Conference.
He explained that after he transferred the funds for the cinema purchase, his partner fraudulently registered the business under his own name.
Murray-Bruce also shared details of ongoing legal battles involving his Los Angeles-based studio and a prominent Hollywood actor.
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Looking ahead, the former lawmaker outlined plans to revitalize Nigeria’s cinema industry by venturing into movie production.
He said, “I was called to buy a cinema complex in Kenya for $3.5 million. I transferred the money and my South African partner registered it in his name. That was how I lost that huge investment.
“I have a studio in Los Angeles and I am battling with litigation with one of the most prominent actors in Hollywood.
“The entertainment industry is a very successful one. In all the things I have done, I have never made one move about movie making but now, I will.
“I am working on a script and I know we will get it right. We will deal with fundamental issues.”
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