Contrary to earlier reports that co-owner of Bukka Hut, Laolu Martins committed suicide on Wednesday, new facts have emerged, pointing to cardiac arrest as the real cause of death.
Martins’ death had hit social media on Wednesday, with claims that he committed suicide around 3am in the Lekki area of Lagos State. But a close family source with knowledge of his death told Ripples Nigeria that the cause of death was cardiac arrest.
The source explained that Martins slumped at Lenox Mall, and was rushed to a hospital in Lekki around past 2pm, but died 2hrs after.
According to the source, Martins’ death certificate states that he died from Cardio-pulmonary arrest.
Meanwhile, Bukka Hut has clarified that Martins isn’t a founder or Chief Executive Officer of the company as claimed by several online reports. The eatery said he was a minority stakeholder.
A statement by the firm, disclosed that Rasheed Jaiyeola is the Founder and CEO of Bukka Hut, and that Jaiyeola invited Martins, and two others to invest in the eatery when it was established.
It further revealed that Jaiyeola and Martins were co-owners of Nigerian International Securities Lid (NISL) before the former resigned from his position as director in NISL to focus on Bukka Hut in 2016.
“To clarify, Rasheed Jaiyeola is the Founder/C.E.O of Bukka Hut, a proudly Nigerian brand he built from inception in August 2011 from one outlet to 24 outlets comprising of restaurants, lounges and suya and grill spots, and a learning facility, BH Academy, as at today.
He jointly owns majority shares of the company with his wife and sister.
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