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Shocker: Litigation Trails Late Billionaire Akindele’s Will
By Eric Elezuo
Months after his death, things seem to have fallen apart in the household of late respected silent billionaire, Chief Bode Akindele, as a son, Mr Oladipupo Akindele has dragged the other members of the family to court over his will.
According to court papers exclusively obtained by The Boss, Mr Akindele is asking the High Court of Lagos State to among other things grant pre-emptive order restricting 17 respondents from either laying claims to the estate of the late billionaire or execute his will.
The 17 respondents are 1. Most Revd Michael Kehinde Stephen, 2. Prof Wale Tomori, 3. Revd Canon Prof Kolawole T Jaiyeoba 4. Mrs Oluwatoyin Omobola Isemede 5. Mrs Abiola OlabisiAderibigbe 6. Mrs Abiodun Shubulola Duduyemi 7. Mrs Ajoke Braithwaite 8. Mrs Oluyemisi Kofoworola Oladapo 9. Mrs Titilola Oluwabusola Medebor 10. Mrs Afolake Eniola Coker 11. Mrs Ayodele Olabimpe Akindele 12. Mr Mobolaji Akanji Akindele 13. Mrs Mojisola Iyabode Shonibare 14. Mrs Roseline Atema Akindele 15. Miss Samatha Clare Stephenson 16. The Registrar-Probate Registry (High Court of Lagos State) and 17. The Administrator General of Lagos State.
In addition, Akindele is asking for exparte motion against six Nigerian banks where presumably the estates of the late billionaire are domiciled. They include Ecobank Nigeria Plc, Guaranty Trust Bank Plc, Fidedlity Bank Nigeria Limited, First Bank of Nigeria Plc, Zenith Bank Plc and Sterling Bank Plc.
Among the prayers of Mr. Akindele in the originating motion exparte dated October 7, 2020, “a pre-emptive order restraining the 1st to the 15th respondents either by themselves, agents, privies and any members of the Akindele family or anyone whosoever acting on their behal from dealing with, tampering, taking charges of or controlling and of the assets including shares, immovable or movable properties which belong to or fall within the estate of the late Sir Chief Labode Oladimeji Akindele including but not limited to the companies listed in the schedule attached to the motion in any manner whatsoever pending the claimant/applicant’s compliance with the Lagos State High Court Practice Directions No 2 of 2019 on Pre-action protocoland /or the motion on notice of interlocutory injunction” and “a pre-emptive order restraining the named banks from honoring or giving effect to any mandate and/or instruction from the 1st to 13th respondents in exercise of any right howsoever as the legal or personal representatives of late Sir (Sir) Labode Oladimeji Akindele (deceased).
Delivering his judgment, Justice T. A. O. Oyekan-Abdullahi granted the claimant among others leave to serve all processes filed and to be filed ‘in this’ suit on the 1st to 14th respondents via substituted means to wit by pasting on a conspicuous part of the wall of the family residence located at 61 Marine Road, Apapa, Lagos, as well as issue and serve the concurrent originating process filed ‘in this suit’ on the 15th respondent out of the jurisdiction of the court specifically at Sequent Quernsey Limited, St Julian’s Avenue, St Peter Port, Quernsey.
The court also asked parties to maintain status quo as the case was adjourned to a later date.
Headline
IBB Set to Launch Long-awaited Memoir, ‘A Journey of Service’
Former Military President, Gen Ibrahim Badamasi Babangida (IBB), is set to launch his long-awaited autobiography.
Reports said the memoir titled: ‘A Journey In Service’, will be released on February 20, 2025, at the Congress Hall of Transcorp Hilton Hotel in Abuja.
The development is coming 32 years after IBB left office.
The regime of the former Head of State was negatively shaped and defined by the adoption of the Structural Adjustment Programme (SAP) policy, among other regulations, which sparked a nationwide riot by student union and other similar groups.
There was also the unresolved murder of the late journalist, Dele Giwa, and the June 12 annulment, among other controversial issues.
While in office, IBB was popular with the moniker “evil genius” and “Maradona”.
Explaining the nicknames, IBB said they were manufactured by the media because of his “deft political moves”.
“That’s the very good thing about the Nigerian media and Nigerian people. You have to anticipate them.
“If you anticipate them, then you live well with them. They call me ‘evil genius’, I marvel at that. The contradiction, you can’t be evil and then be a genius.”
“The definition of Maradona I got from the media is because of deft political moves. That’s the way the media described it”, he had said.
He succumbed to pressure in August 1993 when he “stepped aside” for the late Ernest Shonekan as the chairman of the Interim Government.
The late General Sanni Abacha would, however, topple the government in 1993 and would subsequently die in office in 1998.
Although IBB granted interviews to local and international media since leaving office, he has somehow found a way around some of these contentious issues that happened during his rule.
About seven years ago, he had expressed doubts about writing an autobiography, saying he was uncertain if Nigerians would “want to read about a dictator”.
He added that the public had a wrong impression of him, citing his role in the June 12 crisis, and some of the policies he unfurled between 1985 and 1993 as head of a junta.
However, he made a U-Turn and wrote the book.
President Bola Ahmed Tinubu will lead former Nigerian leaders and their counterparts in other parts of Africa to grace the much awaited autobiography.
According to an invite dispatched to dignitaries this week, the board of trustees of the IBB Presidential Library Foundation said the book launch will take place alongside fundraising for a Presidential Library.
The organisers said the event would be chaired by former President Olusegun Obasanjo, with President Bola Tinubu as the Special Guest of Honour.
The keynote address would be delivered by the former president of Ghana, Nana Akufo-Addo, while former vice-president Yemi Osinbajo would review the autobiography.
Other guests billed to attend include ex-presidents Muhammadu Buhari, Yakubu Gowon, Abdulsalami Abubakar, and Goodluck Jonathan.
A former Minister of Defence Gen. Theophilus Danjuma and Chairman of BUA Group; Abdul Samad Rabiu, are named chief launchers.
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What is Going on in PDP is Extremely Embarrassing – Dele Momodu
A Peoples Democratic Party chieftain, and celebrated publisher, Chief Dele Momodu, has said that the situation in his party is worrisome and ‘extremely embarrassing’, acknowledging that the one time biggest party in Africa, is facing serious challenges.
Momodu made the remarks while fielding questions on a Channels TV current affairs programme, stressing that he is not ashamed of talking about the problems of the party, and regularly sharing his thoughts on social media.
He further expressed surprise that the party has not suspended or expelled him despite his open criticism.
Momodu described the situation in the PDP as embarrassing, noting that the party should be leading the opposition in Nigeria, but it is not living up to expectations and seems to have lost its direction. According to him, a few individuals have taken control of the party, making it difficult for it to function properly.
“I know that we have very critical problems in PDP, there is no questions. I am not ashamed. Every now and then I tweet or post in Instagram. I speak freely. I am even surprised that they have not suspended or expelled me from PDP because what is going on in PDP is extremely embarrassing. We should be leading the opposition parties in Nigeria but it is like we have virtually given up. We are allowing one or two people to hijack our party,” Momodu said.
Headline
Telecom Executive, Ahmad Farroukh Leaves Globacom
News of the early departure of Mr Ahmad Farroukh from the telecom giant Globacom suggests that he has been eased out in a shakeup by the management, according to an investigation.
“Ahmad Farroukh failed to meet up to expectations within his probationary period and he was politely asked to resign…” said an impeccable source.
“Despite the shake-up, Globacom’s commitment to innovation and expansion continues, reinforcing its competitive edge in a rapidly evolving telecom landscape..” the source further told us.
A former CEO of MTN Nigeria from 2006 to 2010, Farroukh joined Glo in October last year.
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