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JUST IN: Cocharis Group’s Founder, CEO Chief Maduka Loses Wife, Charity |The Republican News

FILE: Dr Cosmas Maduka (left) and Mrs Charity Maduka (right)

By Kayode Oyero


The wife of the founder and Chief Executive Officer of Coscharis Group, Dr Cosmas Maduka, is dead, The PUNCH has learnt.

It was gathered that Mrs Charity Maduka, the Vice-President of the Coscharis Group, died on Saturday evening in Nnewi, Anambra State.

Her namesake and daughter, Charity, confirmed the death of her mother to The PUNCH on Sunday evening.

“I can confirm that she passed away yesterday (Saturday) evening,” a grieving Charity said amid muttered sobs in a phone conversation with our correspondent.

According to a profile on Coscharis Group’s website, Mrs Maduka was a co-owner of the company founded by her husband.

“In her capacity, she was once the Executive Director supervising the Administrative, Legal, Works / Maintenance, Export, Technologies teams of the organization from 1984 – 2003. Under her tutelage, she was able to grow the business by creating value via the various strategic departments she supervised within the organization.

“As a board member of the group, in the year 2005, she later became the Executive Chairman / COO of two of the subsidiaries of the Coscharis Group namely Coscharis Beverages Limited and Coscharis Properties Limited respectively,” the profile read in part.

The deceased was also a professional teacher and caterer. She attended Teachers’ Training College, Nsugbe in Anambra State from 1979 to 1981. Also attended Consertum Institute of Catering and Hotel Management, Idi-Araba, Lagos State from February to July, 1983.

“She had a brief stint as a teacher at Akamili Central School, Umudim – Nnewi between October and December 1981. Also at Tolu Primary School III, Tolu Village, Ajeromi Ifelodun / Apapa, LGA, Lagos between January 1982 and January 1983. She has equally attended various Leadership and Entrepreneurship training seminars/courses both home and abroad,” it added.

Mrs Maduka got married to Dr Cosmas in 1978 and the union produced three sons and a daughter. (Punch)

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We Started Poor, She Built The Multi-billion Company With Me, She Can Now Sign N10bn Cheque —Cocharis Boss

** Says he was shot trice by his wife’s uncle

Her parents actually shot me. I can say that because the uncle shot me three times. This is not an exaggerated story. It was a real story – the uncle shot me with a gun.

She has been very helpful and instrumental in my success. The time I married her, I was really a strong, young man fighting to survive. I had just parted ways with my brother. I ventured into importation and the first consignment went wrong and I lost my capital.

But, I am a very determined individual. I believe in dignity in labour. For instance, somebody who came to our wedding gave us a weighing scale. One day, things got so hard that I took it to the market and got people to weigh themselves for a fee. I was collecting 10 Kobo from each customer. I came back with some money and my wife wanted to know what I did, and I told her. She cried like a little baby. Later, to support me, she dusted her certificate and got a job where they were paying her N85. She would bring the money every month to keep us going and we did that until things got better again for me. So, she was my first employee. When you see the name Coscharis, it means Cosmas and Charity combined. So we own the company together because we built it together. She married me when I was driving a motorbike. She came to me when I had nothing. So, whatever I make today, she is my first employee and whenever I went to Japan, she stayed in the shop.

Those days when things were hard for us, I used to ask her to give me a list whenever it was time to give her money to cook soup. I never gave her money without seeing her list. When she returned the week after for money for another soup, I would say ‘write another list.’ Then, I would bring out the former list to compare with the new one. And, if I saw a bottle of oil, I would ask, ‘you bought oil last week, why are you writing oil again?’ Then she would ask me if oil had become Coca-cola that she could drink. That was the level of poverty and training. But she had learnt from all of those things, and today she can sign a cheque of N10 billion and her credit card has no limit.

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