Connect with us

Headline

Abiola’s Son Recovers N30bn Queen’s Drive Property from GTB over Alleged Forgery

Published

on

The Lagos Division of the Court of Appeal, in a landmark decision, yesterday, upturned a 2013 judgment of the Federal High Court, in a matter between RCN Networks Ltd and Guaranty Trust Bank PLC.

The Federal High Court ruling had previously resulted in the “unlawful foreclosure” by GTB PLC of a 30 billion Naira 44-room mansion owned by AlhajiAgboolaAbiola, one of the sons of the late winner of the June 12 1993 presidential election, Bashorun M.K.O Abiola.

In a unanimous judgment in the suit with number CA/L/888/2014, the court held that the trial court had ignored glaring discrepancies on the execution page of a tripartite legal mortgage registered by the bank at the Land Registry of Lagos State against the said property.

The court found that the said discrepancies made the tripartite legal mortgage document so deficient that it was incapable of conferring on the said bank, any legal rights to foreclose on the property.

The court further found that discrepancies on the document included the fact that it was unsigned by alleged mortgagor, AlhajiAbiola.

In addition, the court further discovered that the footer therein contained handwritten alterations not present on other pages of the document, which the Appellant had alleged in the case was indicative of the fact that the document had actually been forged by the bank.

Consequently, and after establishing the facts of the case, the court discharged all legal charges levied on the property by GTBank in favour of the Appellant.

The Appellant was represented by Dr. Charles Adeogun-Phillips, SAN, while the respondent was represented by Mr. Norrison Quakers, SAN.

Source: ThisDay

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headline

Amid Denials, ADC Reportedly Secures Rainbow Event Centre As Venue for National Convention

Published

on

By

Baring any last minute change, the leadership of the African Democratic Congress (ADC) under Senator David Mark and Rauf Aregbesola as National chairman and National Secretary respectively will hold the party’s National convention at the National Rainbow Event Centre in Garki on Tuesday, 14 April 2026.

The African Democratic Congress (ADC)  has being denied two venues without any cogent reasons despite early arrangements, according to sources.

First, it was alleged that the Abuja Transcorp Hilton Hotels, which was initially approached, turned down the ADC request to use it’s facility.

The ADC, having sensed sabotage, has kept the Rainbow Event Center under rap as it’s definite venue.

The last National Executive Committee (NEC) of the party was held at the same venue.

Located adjacent the Nigerian Police Force Headquarters, the event centre will host the second NEC meeting of the ADC and it’s forthcoming national convention.

According to The Guardian’ report, the ADC leadership has communicated the venue to state chapters with the caveat not to escalate it.

The ADC is in a battle of survival against the Independent National Electoral Commission (INEC) and has approached the Supreme Court for intervention.

The INEC national chairman Prof Joash Amupitan has suspended recognition of the David Mark-led ADC rendering a leadership vacuum in the party.

INEC said it’s decision was on the basis of an Appeal Court pronouncement that ordered statusquo ante-bellum be maintained.

Sources said the ADC has officially written the Inspector General of Police (IGP) Olatunji Disu for police protection, the Director of State Services and the Comptroller of Civil Defence Corps.

Reports say that why the venue is being quietly decorated moderately for the event, the ADC intends to fully move in the early hours of Tuesday.

The Guardian

Continue Reading

Headline

Shettima Lacks Respect, I Won’t Engage Him, Atiku Responds to VP’s Challenge

Published

on

By

Former Vice President, Atiku Abubakar, has hit back at incumbent Vice President Kashim Shettima over the latter’s poser over achievements in office, saying he won’t take the challenge because Shettima was disrespectful.

Shettima had reportedly challenged Atiku to provide details of eight projects he executed for the development of Northern Nigeria during his tenure as vice president for eight years, as well as name eight individuals he empowered while in office.

But, speaking in an interview with GTA Hausa podcast, Atiku said he would not engage the vice president on the matter.

“I will not respond to Kashim Shettima because he is disrespectful. I am older than him and I have more experience in governance than he does, so I will not respond to him,” he said.

The former vice president further argued that cultural values in Northern Nigeria discourage younger individuals from publicly challenging their elders in such a manner.

“It is not part of our tradition in the North to disrespect elders. You cannot look at someone who is above you in both age and accomplishments and start taunting him. That is not our tradition, so I won’t engage with him,” Atiku emphasised.

Continue Reading

Headline

2027: ADC Leaders Plan Massive Coalition Against APC, Tinubu

Published

on

By

There are indications that the ongoing dispute in the leadership of African Democratic Congress (ADC) may lead to the formation of a 10-party coalition, far bigger than what was initially envisaged, reports quoting sources close to the opposition have said.

The Senator David Mark-led leadership of the ADC was removed from the portal of the Independent National Electoral Commission (INEC) on account of what the election umpire said was its interpretation of the ruling of the Court of Appeal, which directed it to maintain status quo ante bellum in a suit involving the Mark-led executive and Nasiru Bala Gombe, a claimant to the national chairmanship seat of the party.

While Senator Mark-led team has argued that the said Bala Gombe lacks the locus standi to institute the suit or lay claim to the party’s chairmanship seat, having resigned his position in May 2025, INEC insisted it would no longer recognise either of the parties in the ADC.

Following the imbroglio, a source, however, said that those pushing the ADC might end up leading it to a bigger coalition, as the development has opened the eyes of many opposition leaders to the possibility of a broader coalition.

Last week, leaders of the ADC engaged a group of leaders from the Peoples’ Democratic Party (PDP), while it also engaged with leaders of the Peoples Redemption Party (PRP), aside from what was called ongoing cross-party discussions with the newly formed National Democratic Congress (NDC).

“What we are seeing is that the loss of ADC on one hand could be the gain of the opposition in this country. What those fighting the ADC don’t know is that you cannot keep the people silent when they are determined to exercise their rights of association. The ADC will be on the ballot in 2027 with a coalition bigger than earlier envisaged,” a source in the know stated.

The source stated that already, the ADC coalition looks good to benefit from the travails of the Tanimu Turaki-led PDP, as well as the resolve of members of other parties whose leaders believe they can benefit from a broad-based coalition in 2027.

It has earlier been reported that the attempt by the leaders of the ADC to rally a strong party behind the possible choice of former President Goodluck Jonathan or in the alternative, a Peter Obi/Rabiu Kwankwaso presidential ticket, is upsetting the ruling party, whose strategists were said to have activated cells of internal opposition within the emerging coalition.

A leader of the ADC, however, said that those pursuing the coalition party are surely pushing it into better things. The way things are going, we may end up with at least a 10-party coalition. That would be bigger than what we initially set out to do,” the source stated, adding that such a development would amount to a masterstroke against the ruling All Progressives Congress (APC) and the Independent National Electoral Commission (INEC), which he said had chosen to interpret the court ruling awkwardly.

Continue Reading

Trending