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Tokunbo Abiru-led Skye Bank Renders Over 3000 Homeless In Lagos - Business - Nairaland

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Tokunbo Abiru-led Skye Bank Renders Over 3000 Homeless In Lagos by femioyewale: 8:45am On Aug 22, 2018
Tokunbo Abiru-led Skye Bank renders over 3000 homeless in Lagos

While the President Muhammadu Buhari administration is striving so hard to achieve its target of delivering affordable housing to the people, the Tokunbo Abiru-led financial institution and its subsidiary on Thursday, July 26th 2018 visited hardship on the Glorious Villa Community in Ibeju Lekki Local Government Area of Lagos State which housed over 3000 inhabitants when they demolished the properties.Skye Bank Plc and its subsidiary, Skye Trustees Limited are currently enmeshed in fresh controversy following the demolition of more than 200 houses at the instance of the two organisations in Lagos, THE WITNESSreports.

THE WITNESS reliably learnt that trouble started when Skye Bank was discreetly sold a large expanse of land allegedly belonging to about 55 families by four of the families in Abule Parapo Phase 2, Awoyaya area of Ibeju Lekki.

It was further gathered that after winning the land dispute case from initial land grabbers, another set of family unit had three years earlier sold some plots located behind the famous Greenspring International School for the sum of N1.5 million each to the occupants who are now homeless after the destruction which gave them no chance to salvage their belongings.





Unknown to these family units, the four family units had also obtained a court judgment behind the scene and went ahead to sell the entire 200.184 hectares of land plus the court judgment to Skye Bank and Skye Trustees Limited which rushed to the Lagos State government through high-powered officers for the authentication of the lands in their company name.

Skye Bank, THE WITNESS learnt, reached out to the lawyers of the property owners to come over for ratification and demanded that they should pay sums of money ranging between N4 million and N8 million for the ratification of each of the plots in contention.

The property owners had suggested further negotiation and had reached a compromise with the bank, but Skye Bank allegedly went ahead with the demolition of the properties with the backing of about 300 armed operatives from various security outfits that harassed the residents and seized their belongings including phones and cameras.

The Skye Bank-ordered demolition has thrown the residents of the area into a state of distress and agony as majority of them now take refuge in uncompleted buildings outside of the community. Others have resorted to talking solace under the bridges around the area while some have moved in with their relations as squatters pending when luck will smile at them to acquire new accommodations.

Affected residents, most of who are customers of the Skye Bank have been counting their post-demolition losses, lamenting the suffering they are forced to go through.

“This pain is too much to bear, and to think that it comes from a bank I hitherto held so dear is worrying to me,” lamented a woman who did not provide her name.



Mr. Wise Iyanla while narrating his ordeal to THE WITNESS correspondent said: “I, my friends, my comrades and my families, we are closing all our accounts in Skye Bank. This is a trying moment but we will win this battle!

“As a young man in the corporate world, I strove harder to do some expensive things. One of the things I did was to strive to build a bungalow here in Ibeju Lekki axis (Awoyaya) and my land was properly acquired from the legitimate owners who originally acquired the landed properties from their forefathers as inheritance.

“All of a sudden, just last month here, I was at work when I received a WhatsApp message from a co-landlord, informing me that our properties built with our hard-earned sweat were being demolished by Skye Bank and their agent, Lekki Gardens Estate Limited with a battalion of security personnel to protect their heinous action.

“What can I say as a young father and hustler? I said to my co-landlord, man can never be hurt. What took us years to stand, as struggling young Nigerians, were demolished in minutes.

“The most painful aspect of the story is the fact that our buildings were demolished in error because there was no court judgment that warranted the destruction of our properties and I doubt that the IG was aware of the illegal police officers outing during the criminal and malicious destruction of our properties and now that it is established, 10 billion for the accounts is feasible.”

Another affected resident, a 64-year-old widow and retired civil servant, Mrs. Oyekunle Azeez, said ever since the incident, she has been living in a church and her blood pressure had risen. “In tears, the elderly woman said: I laboured so hard before I retired to build this house, how have I offended the bank and their directors? This was all I had. Why do they want to send me to an early grave?” Mrs. Azeez lamented.



The lawyers representing Glorious Villa Community Development Association, Reagan Nzeteh & Co. has written Lekki Gardens demanding the sum of N10 billion from Skye Bank plc and Skye Trustees Ltd for what it called trespass to land, willful/criminal/malicious damage of its client’s properties and illegal demolition of the properties in Abule Parapo Phase 2 by the two organisations. They have also threatened to sue the trio if the money is not paid within a stipulated period of time.

In the same vein, the inspector general of police has been petitioned regarding the illegal use of over 300 police officers in the operation.

Efforts by our reporter to reach the management of Skye Bank and Skye Trustees for their angle to the development proved futile as enquiries sent to the bank were not responded to as at press time.

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