Businessman executes court order on Lekki property
ABUSINESSMAN, Mr Adedayo Mumuni Shittu, has recovered from an “unknown individual”, his plot of land at Block B Plot 2 Victory Park Estate Igbokushu, Lekki Phase I, Lagos, following a court order.
The land, delineated by Survey No. DK/ 0332/ 014/ 20011/ LA, is registered at the Land Registry of Lagos State as No. 61, Page 61 Volume 2467.
Shittu’s counsel, Ojumetor Agha of Pistis Partners LLP, said the recovery, which occurred at the weekend, was in execution of a Lagos High Court injunction restraining a ReceiverManager appointed by the Asset Management Corporation of Nigeria ( AMCON) from encroaching on the land.
Justice K. Jose had on October 24, 2019 dismissed AMCON’S notice of preliminary objection and granted an interlocutory injunction in favour of Shittu and More & S. A. More Ltd authorising them to protect their interest in the property at Victory Park Estate.
Dissatisfied, AMCON challenged the ruling with Shittu, More & S. A. More Ltd, Knight Rook Ltd and Mr Lanre Olaoluwa as 1st to 4th respondents in the suit marked CA/ L/ 1266/ 2019.
But, on December 15, 2020, a three- man panel of the Court of Appeal with Appeal Court President Justice Monica DongbanMensem presiding, dismissed AMCON’S appeal and affirmed Justice Jose’s grant of interlocutory injunction in Shittu’s favour.
Following the discovery that an unknown individual was attempting to seize Shittu’s property, Agha said he petitioned the Deputy Inspector- General of Police, Force CID, Area 10 Garki, Abuja on March 28, 2021, inviting the police to investigate the ‘ flagrant disobedience of court orders, threat of violence and unlawful interference’.
According to the petitioner, sometime in September 2017, AMCON officials claimed ownership of plots in the estate and asked the occupants to repurchase their plots but Shittu’s plot was spared.
He said Shittu discovered that the Receiver- Manager was appointed “to take over the company which was our client’s predecessor in title ( Knight Rook Ltd) and its assets due to its indebtedness to some banks. The said debt had been assigned to AMCON.”
From August 2019, the Receiver- Manager required all owners of plots, including Shittu, to repurchase the various plots, which they acquired in Victory Estate from Knight Rook Ltd.
Agha said: “Our client was constrained to commence a civil suit against the aforementioned Receiver- Manager at the High Court of Lagos and subsequently obtained an order of injunction restraining him from encroaching on the land.
“The aforementioned order was also affirmed by the Court of Appeal in a judgment which was delivered on December 15, 2020.
“However, during a routine visit to the land on March 22, 2021, our client discovered that some unknown persons had encroached on the land and were about to commence construction work on a foundation for a building.