₦airaland Forum

A major property dispute has broken out in Lekki Phase 1, Lagos, involving billionaire businessman Chief Razaq Okoya, his wife Chief (Mrs.) Shade Okoya, and former senator Domingo Obende.

The fight is over a block of sixteen (16) three-bedroom flats located at Plot 96, Ladipo Omotosho Cole Street. The property is currently the subject of a court case — Suit No: LD/5226GCM/2021 — between Senator Domingo’s company, Dajo Oil Nigeria Limited, and the Okoyas’ company, RAO Investment Property Company Ltd.

Tenants renting the building for commercial use say they are being harassed and intimidated by thugs allegedly sent by the Okoyas.

In a video seen by reporters, a group of men — described as “Lagos thugs” — were captured threatening tenants and a lawyer on the property, claiming they were sent by Mrs. Shade Okoya.

Despite complaints to the media in the past, tenants say the harassment has continued.

> “They boast that they own Nigeria and keep sending thugs and police to disturb us,” one tenant representative said.
“We rented this place legally, but now we’re stuck in the middle of their fight. Instead of settling their matter with the Senator, they’re making life hard for us.”

Documents from Oludare Adaramewa & Co., lawyers for Senator Domingo and Dajo Oil, explain how the problem started.

According to the letter, Mrs. Memunat Ajoke Olubando, Chief Okoya's ex-wife, who was running the company at the time before Shade took over, collected an advance payment of $250,000 (about ₦400 million) from Senator Domingo’s company on behalf of RAO Investment Property Company Ltd. and Eleganza Ball Pen Industries Ltd.

The payment was meant to be a loan backed by the Lekki property as security. The property’s original Certificate of Occupancy (C of O) was handed over as proof of the agreement.

However, the letter says that despite several meetings and discussions, the Okoyas have not refunded the money or transferred ownership of the property as agreed.

Because of this, Senator Domingo’s company has gone to court, asking the court to take over and sell the property to recover the money owed.

The lawyer also confirmed that the original C of O is still in their possession, meaning Senator Domingo’s company still has a legal claim on the property.

Chief Razaq Okoya is the billionaire founder of the Eleganza Group, one of Nigeria’s oldest manufacturing companies.

This disagreement has now created serious tension — with the Okoya family and Senator Domingo battling over ownership, while innocent tenants suffer the effects of the legal war.

https://www.facebook.com/share/p/17VPG9nErk/?mibextid=wwXIfr

Oriental Times.

The matter is somehow complicated. If going by what I just read here is true, then the okoya family need to pay the 250k dolls and avoid all these drama.

On the flip side again it could be that razak okoya was not aware of the deal that transpired between his wife and the senator.

Omihanifa:
The matter is somehow complicated. If going by what I just read here is true, then the okoya family need to pay the 250k dolls and avoid all these drama.

On the flip side again it could be that razak okoya was not aware of the deal that transpired between his wife and the senator.

Yeap very true.

This one na rich men dealings, poor people keep off

this is very complicated; everybody suffers the effects of a bad Nigeria, including the senators.
wetin you no fight when you dey seat go bite you when you come down

I never read,,but make una summarize pls

Can we ever get out of this nonsense time of agberos

You can enjoy walk without this
Useless rich man breed miscreant

Omihanifa:
The matter is somehow complicated. If going by what I just read here is true, then the okoya family need to pay the 250k dolls and avoid all these drama.

On the flip side again it could be that razak okoya was not aware of the deal that transpired between his wife and the senator.

Not being aware is not going to help in court. They should pay what is owed or make a payment agreement and bring the case to a close.

Righteousness2:
Ladies and Gentlemen,
As you drag , fight yourselves and hire thugs to threaten an cause havocs,
Remember that we all came into this World naked and we will leave Naked.

Remember that Nobody will leave this world with a cent, no matter how much you acquire here on Earth.

Remember, Nobody will take a his house, land, bank account, appointments, connections and all that to the other side.

Remember, that on the other side, nobody cares about who you are, what you have , who you know and all that nonsense we brag about here.

Remember, that the ONLY thing that matters on that side is if you Believed and Lived for JESUS CHRIST, as this is the only thing that will give you Eternal life in Heaven.

As you DRAG and BRAG on who you are and all that , REMEMBER these things.

They that Have Ears to Hear, Let them Hear.

wetin wrong with this man they are talking about land you dey talk about heaven Righteousness2 or did they call you, you have big issues

According to the letter, Mrs. Memunat Ajoke Olubando, Chief Okoya's ex-wife, who was running the company at the time before Shade took over, collected an advance payment of $250,000 (about ₦400 million) from Senator Domingo’s

I no know say Okoya been get ex-wife o..

However, I like that hin wife Shade. The girl get level well..

Everything is fine and good... It is Yoruba and Ibo fighting...

PlayerMeji:
Everything is fine and good... It is Yoruba and Ibo fighting...

How's Domingo from Akoko Edo who represented Edo North in the 7th Senate an Igbo man?

Is Dajo Oil Nigeria Limited an Authorized lender?? No

Okoya should just refund the chicken change (400M) & take full possession of their property.

Case closed

PulaPower:
According to the letter, Mrs. Memunat Ajoke Olubando, Chief Okoya's ex-wife, who was running the company at the time before Shade took over, collected an advance payment of $250,000 (about ₦400 million) from Senator Domingo’s

I no know say Okoya been get ex-wife o..

However, I like that hin wife Shade. The girl get level well..

What is the level that she has?

The average Nigerian never siezes to surprise. Both Chief aand his wife are into money. Why act like classless people and send thugs. To what effect? Meet the gentleman in court and pay up if you need the place back.

This act of bullying has to stop.

Na father and daughter I dey see so abi na husband and wife.. "what money cannot do, too much money can do".

donphilopus:
How's Domingo from Akoko Edo who represented Edo North in the 7th Senate an Igbo man?

I apologize on his behalf.

Tribalism is the only way he makes sense of the world around him

Some wealthy people are among the biggest debtors we have around

Smitaro100:
Na father and daughter I dey see so abi na husband and wife.. "what money cannot do, too much money can do".

How does it concern you?


S

A lot of nigerian so called billionaires are living on liabilities. That is loans
So beware when doing business with them. Cover yourself legally, don’t say because they’re billionaires on paper you can trust them without a legal cover

Righteousness2:
Ladies and Gentlemen,
As you drag , fight yourselves and hire thugs to threaten an cause havocs,
Remember that we all came into this World naked and we will leave Naked.

Remember that Nobody will leave this world with a cent, no matter how much you acquire here on Earth.

Remember, Nobody will take a his house, land, bank account, appointments, connections and all that to the other side.

Remember, that on the other side, nobody cares about who you are, what you have , who you know and all that nonsense we brag about here.

Remember, that the ONLY thing that matters on that side is if you Believed and Lived for JESUS CHRIST, as this is the only thing that will give you Eternal life in Heaven.

As you DRAG and BRAG on who you are and all that , REMEMBER these things.

They that Have Ears to Hear, Let them Hear.

Tell them Sir; vanity upon vanity all is vanity.

dfrost:
The average Nigerian never siezes to surprise. Both Chief aand his wife are into money. Why act like classless people and send thugs. To what effect? Meet the gentleman in court and pay up if you need the place back.

This act of bullying has to stop.

Heard of rich people being the ones that owe most? Not because they can’t pay but because they can use their influence and power to get away with it. This shouldn’t be surprising

I need to hear from both parties before I pass my judgment...

Where's the ex wife who contracted the agreement?

SPF247:
Is Dajo Oil Nigeria Limited an Authorized lender?? No

Okoya should just refund the chicken change (400M) & take full possession of their property.

Case closed

You don't have to be an authorized lender before you can enter into a lending agreement with us.

As long as there's a document in place that bind such agreement and I'm sure there would be legal professionals involved before the agreement was established

Since he married Shade 25 years ago he has not moved past

donphilopus:
How's Domingo from Akoko Edo who represented Edo North in the 7th Senate an Igbo man?

Kikikiki 😬

E shock you abi?

Na your fellow zomby be that ooo

Most of you have not ventured out of your comfort zones.

Anyone after ore is Igbo. 😆😆