News

September 21, 2024

Solicitors refute social media post on ownership of Amen Estate, others

Solicitors refute social media post on ownership of Amen Estate, others

By Ayo Onikoyi

The Solicitors to Redbrick Homes International Limited (Redbricks), Amen City Ltd, Ashlead Estates Ltd (Ashlead) and Ms Folasade Balogun (formerly Mrs Folasade Gbadamosi), revealed that their attention has been drawn to a social media post, by one Babatunde.

In the said post, the owner of the account, Babatunde alleged that Amen Estate and Amen Estate Phase 2 of Eleko Beach Road, Ibeju-Lekki, Lagos State are assets of Redbricks and Ashlead.

He states further that Redbricks and Ashlead belong to him and Ms Balogun. The solicitors encourage the public to disregard this information, as it is entirely incorrect.

“Babatunde voluntarily relinquished his entire shareholding interest in Redbricks and Ashlead and resigned his directorship in these companies as far back as July 2021 under a notarised legal instrument,” the solicitors explains.

“He has no interest whatsoever in either of the above companies or any of their assets that he listed, namely Amen Estate, Amen Estate 2, TIARA, Emerald Bay, Emerald Park and Amen City,” they added

They further stated that his directorship resignations and shareholding relinquishment have been duly filed at the Corporate Affairs Commission and are available to the public for verification.

” None of these assets is listed as “marital assets” that is subject of litigation between Babatunde Gbadamosi and Ms Sade Balogun,” the solicitors asserted