Family sources say he was recently in Switzerland for medical attention before his London trip where he eventually died. We gathered that the Oyo State Governor, Mr. Abiola Ajumobi has already paid a condolence visit to the family.
Alao is a very rich individual that controlled politics with his closest rival, the late Lamidi Adedibu in Ibadan. He once told journalists that 99 percent of his friends are ladies.
He was one of those quizzed recently by the Economic and Financial Crimes Commission over recent collapse of financial institutions. He however said he used his money to purchase shares in the stock exchange market which later crashed in the market.
A well connected politician; he was one of those that supplied rice to Aso Rock Villa, Abuja, in the days of the military dictators like the late General Sani Abacha.
He is also a very close ally of former Vice President, Atiku Abubakar and described his wife Titi Abubakar as a mother.
