For the past 38 years he has operated quietly behind the scenes, only
visible in the press when absolutely necessary and in that space of
time, he has built the Coscharis brand from an upstart with little or no
capital into a colossus with tentacles spread across major auto luxury
brands – Range Rover, BMW, Ford, Jaguar, etc. And with a reputation that
opens doors and access to mega funds both locally and internationally,
Cosmas Maduka was on a roll.
According to him, it took hard work, sweat and focused determination,
in the process, riding through rough times with a dogged tenacity to get
to the very pinnacle of business success. Maduka appeared to have all
going for him until one bright summer morning when fate chanced a
meeting between him and Mr. Ifeanyi Ubah, chief executive and founder of
Capital Oil and Gas Industries Limited in an aircraft. It is not
unlikely that he will curse that day forever going by what he knows now.
It set the stage for the biggest mistake of his business life. As is
often the case with that element called trust, one party is left bruised
and bloodied while the other party has run away with the loot.